JBM jubilee mines nl

Hi, Tapinos Results are not great but not bad either.~10k Nickel...

  1. 3,792 Posts.
    Hi, Tapinos Results are not great but not bad either.

    ~10k Nickel even at current prices(~$5.30us/lb) is worth(grade considered) $70 Million AUD.

    IMHO JBM will not fall below $6 per share.

    Not now or ever in the future while Kerry Harmanis remains the largest shareholder.

    Sustainable yields are too high to see JBM falll below $6.

    Once 2 mines are running simultaneously at JBM the shareprice will again be over $8.

    The Question is when??????????

    Soon I believe & hope.

    I'm still in this one at an average of about $4.25 & see no reason to sell.

    I would like like to see the share prrice drop back however to about $6.10 before I buy Call Warrants again in this company.

    The Nickel Price says I might get my chance.

    Keep it on your watch lists.

    The bounce back will be hard & fast.

    Dividends are easily payed by JBM.

    The Cash continues to roll in mighty fast.

    Payout Ratio's from profits have fallen dramitically over the last couple of years.

    These guys at JBM make more money (& will continue to do so) then companies trading at over $7 Billion Market Cap.

    JBM is already at a discount because it trades Nickel.

    Nickel makes Steel hard & Shiny.

    Nickel prices will bounce back.

    For Many reasons.

    Cheers.




 
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Currently unlisted public company.

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