re: yes they report tomorrow nicely done....solid dividend and plenty of cash to boost production by 4000tpa. once again jubilee dellivers the goods and keeps us investors happy. i would have to expect increasing buying pressure up to divvy payment.
atm nickel spot prices are at 15 bucks a pound vs jbm cash costs of 3.50ish. if prices are sustained anywhere above $12 a pound, jubilee will deliver more than double this net profit next year even after paying for exploration and mine and plant upgrades.
dyor
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