Your glowing prose did not mention how tall, dignified and well groomed the management team are, sura.
JRV was good buying at the rights price 44c a few weeks ago.
Is it still value? Has Mr Market suddenly recognised its virtues post-raise?
Hmmm. I think it is getting fluffy and overblown at 54c. There has been a very substantial increase in shares on issue, which changes the supply/demand equation. There is nothing to suggest recent rises will continue.
I am curious about BC & team's next moves. I cannot imagine they will quietly sit while the ICO mine is completed and the refinery recommissioned.
JRV will be seeking further assets, mines or mine projects, shareholdings in Co producers and building out their trading arm - the Glencore model.
I watch with interest.
Ash
JRV Nickel, page-64
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $43.24M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.8¢ | 1.5¢ | $696.3K | 42.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4377260 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 326347 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| JRV (ASX) Chart |