The Tshipi mine is located in the Kalahari basin along with 80% of the world's manganese. South Africa has been in lockdown the past month and the manganese price has ~doubled.
JMS is a long term divy play but will likely experience some pain with the rest of the commodities market over the next who knows how long. It's also unfortunate the AUD is recovering.
Good buying ahead.
Perfect storm for JMS, page-2
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $509.6M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.8¢ | 25.3¢ | $77.12K | 302.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 307480 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 194551 | 12 |
View Market Depth
| Last trade - 10.27am 26/07/2024 (20 minute delay) ? |
| JMS (ASX) Chart |