If you are building a trading business, you need something to trade. HT: PP2.
You don't hand over a project at these cobalt prices. You be greedy & hold on to as much supply as possible & sell into a supply crunch at double the prices.
Trade off higher interest rate for greater LT profitability.
And then substitute out some of the higher interest bond with cheaper USG finance. This is the critical part. Come on down, Uncle Sam!
Strongest conviction LT hold.
Xstrata Mark II.
And a mid-tier mining house in the making.
Well done, Bryce & Co. Confirmed Kings!
Congrats to all the staunch believers in here & welcome to any newbie investors.
Today is a great day.
Ann: Jervois secures US$100 million bond offering to fund ICO, page-6
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