JBM jubilee mines nl

I've been looking at the numbers based on EV/Ni resources.. its...

  1. galvanise
    3,873 Posts.
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    29/10/07
    11:23
    Post #: 2942460
    I've been looking at the numbers based on EV/Ni resources.. its a huge premium for what JBM actually has now in terms of defined resource.. US$3.12/lb attributing a standard 50% discount to resources or US$1.74 with no discount..

    To put into perspective this is 2.2x what LionOre was taken out for on the same metrics


    JBM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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