JMS 11.9% 18.5¢ jupiter mines limited.

0.40c here we come, page-16

  1. 997 Posts.
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    Mauro makes a good point in that the increased production upgrade will occur over the next 12 months, however that has to be paid for so I expect dividends to be affected over that time frame.

    Also public enemy covid is rampant in SA at the moment and the new variant there is reportedly worse than the one currently in the UK who have gone into lockdown.

    Short term volatility in the price may occur as SA toys with the prospect of shutting down. That may not halt mining but it will stop sales IMO as it did last time.

    I still see this as a long term hold for dividends but see some bumps in the road ahead.

    I never saw this as likely to ever be multiples of the current price due to the risk that has already been mentioned by a previous poster today. You cannot have everything. If Tshipi was in Australia the shares would be >$1 but sadly it is not.

    This is the graph of SA covid cases, much worse than when they went into lockdown last time

    https://hotcopper.com.au/data/attachments/2790/2790323-2cebdaa7fe4c4b46da15ab83c14e3b9c.jpg

 
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