2005 nickel deficit double original forecasts, page-5

re: ******$8 in april 2005***** JBM's Market cap at $8 will be $1 Billion.

JBM should have over $200 million in cash & receivables by April 2005

Nickel production with Anomaly 1 & Cosmos both on line will be in excess of 30,000 tonnes p/a.

Forward Income should be around $200 million net per year.

Forward PER shall be 5 to 1.

NPV will not be a problem as Anomaly 1 by itself values at way over $1 Billion.

Check out MRE & it's current Market cap of over $1 Billion.

MRE are currently making less money than JBM.

JBM is about to take off.

Check out the 1 year chart & what happened at dividend time.

The last 20 cent dividend announcement caused a 20% share price spike over 2 weeks to allow JBM to break $5.

This time around the dividend will be much higher & JBM's in a much better overall position.

cheers.