JML jabiru metals limited
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"Mixed feelings on this one."Likewise, newfish.They have a...

  1. groundzero
    29,310 Posts.
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    26/05/08
    21:47
    Post #: 3769434
    "Mixed feelings on this one."
    Likewise, newfish.
    They have a horrific cash-burn rate and obviously cant fund exploration out of concentrate sales.
    Hopefully this will last them more than just this quarter (remember they have averaged something like $45 mill a quarter for a while in spending). Even if they only have to do a similar placement every 6 months, the share price will stay in the 80-90c range indefinitely.


    GZ
    JML Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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