Recently Gary Coombs gave an interview in which he seemed to virtually believe Bentley would be a mine. His attitude seemed to be "when we start mining Bentley". There is also a target I know of midway between Jaguar and Bentley that was originally JML's number 1 priority over Bentley, and is now finally getting some drilling attention. This I know because of a meeting/presentation he gave to me two months ago.
And there is Stockman, in Victoria, which had been mined and abandoned by another company during a period of low prices years. Again, he believes it is only a matter of time before they commence mining there again. Awaiting Native Title, environmental clearance etc.
But why is the stock floundering? If I knew the hows and whys of the market I'd be elsewhere than here.
JML Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held