Jervois price and chart, page-57

The current prices today vs the share price
approximately $140 million USA will be collected annually at the current Cobalt and Copper price at ICO.
$140 x 1.35 exchange rate = $ 189 million au.
That is 12 cents/ share plus
Freeport which with a conservative estimate of $43 million us equates to 43 x 1.35 = $58 million au
Which is rounded up to 4 cents/ share
The total earnings being 16 cents/ share would place JRV at a multiple of 3.75 at a price of 60 cents.
If the Cobalt price increases according to the graphs supplied by only $2.50/lb multiples then the share price has enormous potential.
I retain my forecast of $1 year end price and LTH can see why.
Remember Cobalt shares are scarce and are trading at a multiple of 55 and the above forecast doesn’t include our Brazilian refinery.
If a multiple of 55 was applied to JRV we would have a share price of 16 x 55 = $8.80/ share.
This share I rate as a must include in ones portfolio.
Do your own research and yes we are extremely cheap for a fully funded Company that financially independent with its current earnings.