JRV jervois global limited

Ann: Appointment of Voluntary Administrators, page-13

  1. 1,341 Posts.
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    https://jervoisglobal.com/ site updated

    Landing page reads: Jervois Global Limited (Administrators Appointed): A Global Supplier of Cobalt and Nickel

    Still have overseas assets listed.

    Can't see why the Australian Administrators as part of the due diligence can't turn around and go after the ex-managers and board on behalf of shareholders/local creditors.

    Meanwhile Cobalt price keeps going up:

    https://tradingeconomics.com/commodity/cobalt

    up 14.91% yesterday, up 55.75% for the month and up 17.57% YoY

    and

    https://www.fastmarkets.com/insights/battery-raw-materials-market-update-march-2025/

    'Cobalt prices surge following DRC export ban. Prices have reacted in China and the seaborne market – since February 24, when the ban became public knowledge, China metal prices have already risen 27% – while the standard grade cobalt metal has risen 12%'.
 
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