re: whats the pe now with anomaly 1 still sitting there
plenty and plenty of exploration upside probably still to come via exploration with such a huge budget set for 2007
highest grade sulfide producer (how many sulfide mines are coming on stream? let alone at such high grades!)
costs in lowest quartile
talked about takeover target for the least few months, with MD of company even saying that hes been approached
its not hard to see why ppl are holding onto their JBM shares tightly.
exploration was a question mark not that long ago, but they proved to the market otherwise!
with the budget set as high as it is for the next 6 months, I think youd be stupid to jump off this ship (my opinion)
Only thing that can take this baby down is a downtrend in nickel prices ala whats happened to copper price trend.
Other than that, its definately a TAKEOVER target, and people in the know have been aware of this ever since it was in the mid $9 range
the grounds around the cosmos region are incomparable
exploration will keep delivering and they have all this excess money to use/commit to exploration and expanding production
just wait and see how much money theyll rake in this quarter with $15 nickel prices!
JBM
jubilee mines nl
