JMS 0.98% 25.3¢ jupiter mines limited.

Ann: Africa Down Under Presentation, page-3

  1. 144 Posts.
    lightbulb Created with Sketch. 20
    This is one of those investments you can scale into and eventually will triple if you hold for a few years and have conviction in the metal.

    I don't see any miracles / demand coming from EV batteries with EV battery / collision fires and the countries with weak economies being reliant on fossil fuel for the foreseeable future.

    Also page 14 figure 1 states 2c 2023 dividend, we will only receive 1.2c over 2023 due to the fiscal calendar shift.
    and a commitment to maintain the same dividend policy going forward. Well no, it changed from ~95% payout- to ~ 70% payout ratio.

    page 14 figure 2
    Jupiter will grow its earningsby accretively acquiring mines with the use of equity.
    So share dilution.... putting further pressure on the already weak SP ?

    page 14 figure 3
    The JMS share price is currently 26% lower than when the manganese price was at its 5 year low level.

    About the same as the dividend cut, GENIUS
 
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25.3¢
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25.5¢ 25.8¢ 25.0¢ $383.6K 1.507M

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