kerry harmanis is the big seller!!!!! If Kerry doesn't show up the price of JBM will run higher.
Even if he sells some more the price will probably run.
JBM is tightly held.
Forget about last years price.
Buyers today need to pay the 2006 price.
$12 per share, Fully Franked Yield of ~6-7%.
I have got a feeling Anomaly 4 has at least ~30,000 tonnes of Nickel.
That would be good for about $250 million+ after tax profit.
Add that to Cosmos & the security of Prospero & Alec Mairs & the only way is up.
The $3+Billion of contained Nickel at Anomaly 1 just becomes a sideshow.
I want to see what happens to JBM when they pour their 1st ounce of Platinum. hehehe.
The price should run very hard that day.
cheers.
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