JML jabiru metals limited

grossly oversold & overlooked!

  1. 29,310 Posts.
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    Notwithstanding the fact that Jabiru has been sold down in recent weeks, a fact I cant explain or understand, its future is very positive.
    The Jaguar orebody is word-class, they have and own all the necessary infrastructure required for mining ( except for the decline, lol). Development is scheduled to start this year, production in 2006.
    The BFS is "fait accomplis", with clients clamouring to ontake the concentrates and provide finance.
    There is the huge exploration program currently underway on the ground reacquired from Inmet. Inmet left the program with some very interesting targets unexplored. The upper regions of Jaguar are still unexplored, as is the ground beneath the old Teutonic Bore Mine.
    I was told on Friday that a second diamond rig and a second RC rig was moving to site.
    Any more ore will be a bonus to an already solid project.
    .......And the shares are still languishing at 16.5 cents...........sheesh!

    GZ
 
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