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1.5¢ jervois global limited

Today was an exchange of 9M shares from shaky hands to firmer...

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niako

2,500 Posts.

19

21/10/22

16:07

Post #: 64325350
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Originally posted by gutumike: ↑

The battery metals market is still in its infancy, and demand for these metals is expected to substantially outstrip supply in coming years, which will put upward pressure on prices.

Worldwide efforts to curb inflation are at best likely to only reduce, not stop, inflation. The costs of building new mines and processing plants to meet the increased battery metals demand, combined with continuing supply chain bottlenecks, will make it increasingly difficult for new mines to get built and into production, and their cost structure will make it extremely difficult for them to compete with established producers.

Companies such as JRV with established mines, plant, equipment and markets are going to be in the box seat to capitalise on the highly profitable battery metals market for many years to come.

Judging the performance and future prospects of JRV at this early stage of its life is akin to judging the ability of a two year old child to earn a living.

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Today was an exchange of 9M shares from shaky hands to firmer ones. Short term could've been an issue for some, long term is another story. Looks like it will close up almost even.

JRV Price at posting: 53.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 1.5¢		Change 0.000(0.00%)		Mkt cap ! $40.54M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$23.20K	1.487M

Buyers (Bids)

No.	Vol.	Price($)
16	4868627	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	1658958	9

View Market Depth

No.	Vol.	Price($)
16	4868627	0.015
20	17643010	0.014
14	2379351	0.013
17	14023655	0.012
8	2119180	0.011

Price($)	Vol.	No.
0.016	1658958	9
0.017	3428930	7
0.018	8206969	10
0.019	6682608	6
0.020	1600000	5

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 1.5¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
1.6¢	1.6¢		1.5¢	415009
Last updated 15.59pm 03/06/2024 ?

JRV (ASX) Chart