Jubilee takes out Digger award
(Thursday, August 11, 2005)
THE annual Diggers & Dealers Mining Forum came to a close last night but not before Digger and Dealer of the Year awards were handed out at the gala event under the marquee at the Goldfields Arts Centre.
Full Story...
http://www.miningnews.net/
JBM just keeps performing year after year taking out awards left,right & centre.
The next big spurt in earning per share should come next year with early start-up of Anomaly 4.
Nickel prices are looking Super Strong & a likely strike at INCO starting September adds fuel to the fire.
2004-2005 profit will be down but dividends are likely to stay the same.
2006-2007 I have a target of;
Earnings per share of $1.30
Dividends 80 cents Fully Franked
Share Price target $12(yield 6.67%)
The next 24 months will be interesting :)
Cheers
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