I reckon Ni price will definately reach 60,000/tonne by june supply bottleneck due to annual frozen waters in russia preventing shipment of supply (also possible annual floods in canada)
thus despite production being 8500-9000 tonnes instead of 9000 tonnes+ , I dont see JBMs price suffering too much to the downside for now.
As long as Ni price keeps going up, JBM will be OK.
Imagine the profits theyll make this yr with the possibility of 60,000/tonne for some of their shipments
Divvy should be UNREAL and will help support price too.
this stock has done unbelievably for me and I regret selling some of my holding along the way up.
Got in at early $2s in 2003, but only hold a v. small number of shares
Still the shares are worth $17-$18 dollars so its a large part of my portfolio
Stock price performance plus divvies has been unbelievable
never thought that a little $2 investment could almost 10 times itself
JBM
jubilee mines nl
I reckon Ni price will definately reach 60,000/tonne by june...
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