Sorry, but that first paragraph had me laughing - "the envy of global producers of iron and steel"?
The Central Yilgarn resource would take Rio about 3 days to mine at their current production rate. I don't think they envy JMS their "massive" 2Mt resource, even if it is a nice grade.
The targeted production rate of 5Mtpa must be extremely tentative with a current (non reserve) mine life of only 5 months.
I agree JMS has potential but be realistic about where they're currently positioned.
jms moving forward in partnership, page-2
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $313.6M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $1.151M | 7.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2515889 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1044809 | 11 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| JMS (ASX) Chart |