JMS 3.57% 27.0¢ jupiter mines limited.

JMS - General Discussion, page-6

  1. 988 Posts.
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    Hi NoLeafClover

    JMS generally pay a dividend every 6 months so I dont know where the 10 months for the next one comes from, maybe that has changed.

    My understanding is the new management will be publishing a new business plan in the next 12 months that may well take this from a dividend stock to a M&A entity but until it is published who knows.

    The ore price is low and falling so profits are likely to go in the same direction short term IMO.

    Personally I would like to see it stay as primarily a dividend stock but I dont think it will but lets see.

    There is some talk about them getting into battery grade manganese which could well result in some large capital gain in the future but I also see them going under 20c over the next few months.

    I also heard that Nitsimbintle may merge their 51% into Jupiter giving them full control of Tshipi.

    I used to have a lot of these but sold most prior to the new management taking over but if they go under 20c I may well add.


 
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