so every $1 increase in manganese price over a 12 month period results in an increase of $146mil EBITDA. JMS has just increased its price by $2.35. That’s an increase of $343mil over a 12 month period.
if they can achieve this price over 12 months then not only will the dividends be awesome, but, maybe can help co acquire a nearby mine. After all, JMS has said it plans to increase production by 300% over the next 5 years
IMO
GLTAH
so every $1 increase in manganese price over a 12 month period...
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Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $607.6M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 31.0¢ | 28.0¢ | $2.475M | 8.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 205737 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 181733 | 4 |
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| JMS (ASX) Chart |