JBM is the premier NICKEL stock on the market ever since WMC was taken over by BHP.
The 'thing' that distinguishes JBM from its peers is that it is the highest GRADE nickel producer on the market, which equals LOW COST producer, which equals great MARGINS (especially with the nickel price being as high as it is)
One thing to remember: even if nickel price retreats 30%+, JBM will STILL be making a good profit, and the best margins out there, whichll enable them to STILL pay decent divvys.
Lets not forget that the 'premium' given to JBM is ALSO due to the HUGE EXPLORATION UPSIDE - like I said they have the highest of high grade mines in the world, theyve recently increased the resource and made new discoveries like prospero/tapinos etc, and its highly probable that more new 'discoveries' will be made.
its just a matter of time
IF they make a couple of new dicoveries, this, coupled with the fact that its a high grade/low cost producer that pays great divvys, plus an abundance of cash in the bank will surely re-rate the stock upwards again.
its just a matter of time
- Forums
- ASX - By Stock
- JBM
- jbm vs mre
JBM
jubilee mines nl
jbm vs mre, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JBM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online