My sentiments also sbuck. Those that think the share price is...

My sentiments also sbuck. Those that think the share price is undervalued would be right if the mine was in OZ. Sovereign risk remains a concern in South Africa, and my friends there say things get worse by the month. Regrettable. No doubt JMS is a great company with good assets and management. And then with China as its main market and the prime determinant of global Mn prices... there is a risk profile there also. I think these factors prevent many fund managers from taking on bigger positions which if they did would likely see the share price north of where it presently is. I still maintain a comfortable holding in JMS but definitely not overweight. I'm really only in it for the dividends.