JMS 3.57% 27.0¢ jupiter mines limited.

Ann: Juno Minerals Demerger & IPO Delayed, page-20

  1. 1,466 Posts.
    lightbulb Created with Sketch. 116
    There would have been a strong possibility of going bust when IO were very low couple of years ago though...

    Or massive capital raising diluting shareholders to oblivion.

    A big part of the problem was the state govt during that time (Colin Barnett) Era and also port allocation.

    Having said that... The manganese had a clearer path to production and less dilution.
 
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