Ann: Juno Minerals Demerger & IPO Delayed, page-74

Mouzel I recommend you research JMS and its operations before making rash statements about the nature of its operations. It seems -if up to date- that Aveng Moolmans is the mining contractor on a simple BCM mining contract -standard sort of procedure with most mining companies. It seems AMC does primary and secondary crushing -as does Mineral Resources for various Pilbara iron ore companies -the biggest crushing company in the world -so nothing unusual about the Tshipi e Ntle -JMS set up with a crushing contractor. But wait for it -it seems that in 2021 that is going to change with that part of the processing being transferred to Tshipi. So they will own or hire the equipment and become the operator.

Then there is the 8 km private rail and high tech load out facility -I presume owned by the Tshipi JV. And the power station but seems they might tap into the national grid.

I cant be bothered making the Tsjsipi set up my life's work but rest assured the Tshipi mine and the JMS involvement is a typical mining operation that continues to evolve and prosper. With iron ore providing even more impetus you will not only receive dividends but capital growth. And maybe they will venture into African iron ore.