JMS 0.00% 27.0¢ jupiter mines limited.

Positive Manganese data, page-92

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Priyank is the reason there is a mine at all..
    I think his pay was high but not over the top..
    It is clear to me the new management are not in it to help out the retail investors...

    Ntsimbintle own the maximum JMS shares allowed without having to make a takeover bid..
    which is under the 20% threshold..so they own about 10% of the mine through JMS
    They also control another 40% through other means.....
    I doubt they will stop there...
    They had no chance of a cheap takeover while Priyank was there.
    Now they can takeover JMS cheap......
    If it happens quick then Shareholders may see 30 cents...
    If they start spending profits instead of the dividends
    then I think shareholders will get very little and may have to wait 5 years for it

    Cheers



 
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