As I said before, their quarterly report had me concerned when they claimed they had 14 quarters of cash left and filled in all three disclosure blocks on the bottom with "N/A." I was thinking there's no way they have 3.5 years of cash left, even now with these pay raise freezes and cutting jobs i still don't see how they have 3.5 years left. I really do feel like that should have been included in the quarterly report.
I am still concerned at the fact Mr. Crocker has repeatedly stated they will not start the Idaho mine back up until cobalt hits $25/lb, and looking at historical prices, other than the spike in 2021, cobalt has never been anywhere near that price (consistently). Are they ever going to open it? Did they bet that the US would quickly subsidize the cost of mining? How much research did they do for that price point? What was the plan?
I still don't blame them entirely, China is very aggressive right now across all metals and minerals, flooding the markets and then limiting their export of refined materials.
Maybe if the western nations can get their shit together and start subsidizing and passing new legislation for the entire production chain in the next year..... I'm not optimistic....
- Forums
- ASX - By Stock
- Ann: Jervois Organisational Restructure
As I said before, their quarterly report had me concerned when...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JRV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $35.13M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $26.41K | 2.001M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 110948 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 1655283 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 110948 | 0.013 |
17 | 7099198 | 0.012 |
17 | 4556694 | 0.011 |
28 | 13317561 | 0.010 |
11 | 4010236 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 1155283 | 9 |
0.015 | 1473283 | 5 |
0.016 | 1675372 | 8 |
0.017 | 1137766 | 5 |
0.018 | 2599433 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
JRV (ASX) Chart |