JRV 11.1% 1.6¢ jervois global limited

JRV Nickel, page-77

  1. 5,433 Posts.
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    You sure about that, quick?

    The last quarterly says:

    Nico Young Nickel-Cobalt Project, New South Wales, Australia

    The Company is continuing discussions which envisage partial off-take in exchange for funding to complete a SMP BFS. At that time, Jervois will reassess its level of equity ownership and uncommitted offtake of Nico Young to determine a suitable ownership structure and marketing strategy to secure the required project financing to move into construction.


    That sounds to me like JRV is looking for a partner to fund Nico Young. Nor does it regard it as its second mine after ICO.

    Nico is a trading card. JRV will be looking elsewhere for its next asset.

    Ash
 
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