Australia's largest stock trading and investment forum Australia's #1 stock forum

JRV

Click for more information

5.56%

1.9¢ jervois global limited

Jervois price and chart, page-58

First 58 Last

Share
Profile

Follow
Trader088

707 Posts.

62

19/10/21

15:56

Post #: 56911199
Share

Originally posted by quickthinker ↑

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.

Expand

What catalysts do you see before year end to push it up +60%.

I am as bullish as anyone but that seems optimistic. Hope I am wrong

JRV Price at posting: 60.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

M4M

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

ITM

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

DTM

Dart on-target for high-grade structures and multiple reefs at VIC's Rushworth

ARU

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

There are more pages in this discussion • 374 more messages in this thread...

First 58 Last

Add JRV (ASX) to my watchlist

(20min delay)
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

Last trade - 16.10pm 23/07/2024 (20 minute delay)

JRV (ASX) Chart

SPONSORED BY