future growth

A couple of years ago jml were at a high of $1.60 with a 3-4 year mine life,and zinc and copper at record prices, but with loads of debt.

Compare that to today and a little beyond...

*Commodity prices at very low levels.

*jml to announce a 10 year mine life, maybe more. (so what is a 7 year increase in reserves worth at current metal prices? Also what is that increase to the mine life worth when you add another 30% increase to the zinc price in the next 12-24months? Which this sort of increase is still 70% off the record highs. We also cant forget to add another 10% increase to the price of copper. When stock piles start to fall then we know we can really rub our hands and get exited because jml will be at the fore front of the real recovery. Stock piles are the true indication of the mining recovery.



*Cash flow positive

*In the lowest quartle

*Debt free

*28 million cash in bank

*Stockman, although more into the future, never the less well on its way to becoming a producer in victoria.

*Looking forward, jml will have around 5 resources and 2-3 mines....so the next 12-24 months (WHEN JML HAVE DONE ALL THE HARD WORK) put the increase on the metal prices and jml have a share price of $2plus very very easly.

At 36c i find it very funny. The real long term reward is just outstanding....If all goes well the growth potential is just outstanding.

The only aspect i could fault is the fact that most of there drill hits are 200-300mtrs down, which just makes the project more expensive. Other than that i cannot fault JABIRU METALS, and for that matter dont care what the share price does short term....let it drift...

With a 10 year mine life who wouldnt want to be on board?
A true indication of managments aim to achieve long term share holder value.