JMS 11.9% 18.5¢ jupiter mines limited.

no need, I can just check the annual report. Page 151...

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    no need, I can just check the annual report. Page 151 here:
    https://www.south32.net/docs/default-source/sustainability-reporting/fy20-sustainability-reporting/2020-annual-report.pdf?sfvrsn=2f82e7cf_4

    I think Mamatwan is running around 2.8Mt - slide 10
    https://www.jupitermines.com/cproot/921/3/20190730%20JMS%20-%20ASX%20Investor%20Presentation.pdf

    Which gives it a mine life of around seven years. Consider that in four years reserves have decreased by just 7Mt and the argument can be made that exploration can boost the mine life to a decade
    https://www.south32.net/docs/default-source/all-financial-results/reports-and-presentations/mamatwan-site-tour-2016.pdf?sfvrsn=2ba37bd2_8

    Regarding rail capacity, my hope is Transnet is still planning to expand. A year ago, it wanted to boost rail capacity for manganese from 15Mt to 18Mt in three years. That's another Tshipi right there
    https://www.businesslive.co.za/bd/national/2019-09-17-transnet-signs-10th-and-final-manganese-contract/
    Last edited by Gold Panda: 12/09/20
 
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