The current prices today vs the share price
approximately $140 million USA will be collected annually at the current Cobalt and Copper price at ICO.
$140 x 1.35 exchange rate = $ 189 million au.
That is 12 cents/ share plus
Freeport which with a conservative estimate of $43 million us equates to 43 x 1.35 = $58 million au
Which is rounded up to 4 cents/ share
The total earnings being 16 cents/ share would place JRV at a multiple of 3.75 at a price of 60 cents.
If the Cobalt price increases according to the graphs supplied by only $2.50/lb multiples then the share price has enormous potential.
I retain my forecast of $1 year end price and LTH can see why.
Remember Cobalt shares are scarce and are trading at a multiple of 55 and the above forecast doesn’t include our Brazilian refinery.
If a multiple of 55 was applied to JRV we would have a share price of 16 x 55 = $8.80/ share.
This share I rate as a must include in ones portfolio.
Do your own research and yes we are extremely cheap for a fully funded Company that financially independent with its current earnings.
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $51.35M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $18.14K | 990.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 9000565 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 821607 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 9000565 | 0.018 |
8 | 1036637 | 0.017 |
7 | 4386603 | 0.016 |
14 | 13398135 | 0.015 |
11 | 2856223 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 821607 | 7 |
0.020 | 1384223 | 2 |
0.021 | 1704443 | 9 |
0.022 | 1000000 | 3 |
0.023 | 1950000 | 4 |
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