JMS 8.82% 18.5¢ jupiter mines limited.

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    Jupiter's investor presentation says that they see themselves as the consolidator of undeveloped Central Yilgarn iron ore assets. It looks as though their future plans include Mindax, Hawthorn and Portman. It also says their 2011 target is to form a MOU with Portman to facilitate the consolidation.

    The share price has had a great run over the last few weeks, and has blown the 55c valuation from Foster Stockbroking out of the water.
 
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