At 0.30, JMS based on 2019 dividends, will yield 20% plus. Could be more.
Previous posts in this forum, came up a bit SHORT, about sovereign risk, and restrictions on production.
After doing a bit of research, (find it in JMS ASX anns), 49.9% interest in long life Mn supply is a money tree.
Supply chain problems have been resolved, and as per announcements, the operations have been ramped up to meet or exceed targets. Escrow purge was a good thing. Now we get true value.
Mn goes up, AUD goes down, no sovereign risk, JMS gets RND into USD then AUD.
Please correct me if I am wrong, after you have read the details provided by JMS.
JMS Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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