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Ann: MD Explains Jinka Minerals Takeover , page-54

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  1. 14,880 Posts.
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    I like the diversification and enormous upside Jinka offers and I remember an Exploration Manager at MIM (pre-Xstrata takeover days) being very bullish on the Jervois ground. More after the AGM, but Jervois over the years has never been given a real crack. MIM were about to crank up the drilling but the Xstrata takeover stopped that team in its tracks and Xstrata decided to go in a different direction in search of mammoth deposits. Jinka themselves were bullish (still are) but finances have been a problem for them since being spun off from RWD. Tough raising money as an unlisted entity.
    jervois will take time to drill out and prove up what I think it can, but with a bit of luck, Kentor will have two world class projects on their books. I haven't even mentioned the WA assets. If one looks at the gold grades there, perhaps we will land the trifecta?
 
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