With the recent rise in Zn and Cu, I believe it's inevitable that JML will be re-rated to at least the low 40's in the very near future.
Their Zn costs are negative if you consider Cu as a credit - and with Zn at around USD$0.91, JML are sitting pretty.
They don't need to look for mergers or aquisitions for future growth - they've already got projects on the go to keep them busy. No debt to worry about, good cash flow and good management.
Possible takeover target too.
I like.
JML Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held
