Based on the port stocks at Chinese ports it will take about 6 months for the GEMCO shortfall to create a meaningful shortage in the market. But I would very much doubt if S32 will be endeavoring to bring the mine back on before some price uplift occurs. Why would they? They have 6 years mine life left, why not have those 6 years at high prices? I would expect them to try to time a return to production for the time when shortages will start to bite.
Ann: Jupiter Declares Interim Dividend, page-45
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $656.6M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 33.0¢ | $1.887M | 5.601M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 532335 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 192222 | 3 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
34.0¢ |
Change
0.000 ( 0.09 %) |
||||
| Open | High | Low | Volume | ||
| 34.0¢ | 34.5¢ | 33.0¢ | 2462749 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| JMS (ASX) Chart |