JRV jervois global limited

Forget about the actual amounts, they're just examples. Just...

  1. 5,377 Posts.
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    Forget about the actual amounts, they're just examples.

    Just remember though, if the Cobalt price was $100 a year ago, and JRV price was $1.00, and Cobalt dropped 70%, the it would be as follows;
    Cobalt from $100 - to $30 = 70%
    JRV from $1 to 30c = 70%

    But if Colbalt ever went back up to $100, the it would be as follows;

    Cobalt from $30 to $100 = 330%
    JRV from 30c to $1.00 = 330%

    Big gains to be made if Cobalt starts climbing, and IMO it looks like it is, and that is the question we should be asking each other.
 
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