JMS 0.00% 16.5¢ jupiter mines limited.

Why the selling?, page-11

  1. 237 Posts.
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    I was able to load up on more JMS shares on solid volumes.
    Can't get any better than a fire sale - we've not had a 20%+ drop in JMS stock since the March COVID crash... and this time no bad news. Instead all the macro metrics point to a better world for manganese and iron ore, and we have a bunch of positive catalysts coming up:

    We will likely get :
    - solid quarterly results in a few days
    - dividend announcement for a very attractive high single digit yield in a couple of months
    - New GM to approve Juno spin off in April
    - News on Juno progress on the ground with Juno management already at work
    - Juno spin off executed in May
    - and all this while getting the obvious upside potential for Manganese prices to really follow the inflation we see in a lot of other commodities, which would really push up our cashflows.
 
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