Australian (ASX) Stock Market Forum

JML - Jabiru Metals

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YOUNG_TRADER said:
Thankyou for your well articulated, well thought, indepth comments and analysis Maltese,


I shall remind you of this in a few months time :D

What were you expecting 100% per day?

This time in February it was 24c now its 44-47c and your complaining?
Click to expand...

YOUNG_TRADER do u prefer current non producers over producers?

thx

MS
 
Zinc deficit will really impact in late 2006 early 2007,

The current producers have all run very very strongly indeed, ie PEM ZFX KZL CBH,

JML has had a good run, but given it will be in production by Early 2007 it will be in a good position to capitalise on Zinc Boom

I think that by the end of the year they will have doubled the size of their deposit, if not larger and earlier
 
MalteseBull said:
so much better stocks out there,
this is on the way down

i lost some money but least i am not gonna loose more
Click to expand...


No offence or anything, but looking @ the chart the only way you could have lost money is if you bought @ 47c yesterday or today and sold @ intra day low of 44c today, do you do that often? Buy a stock and sell it the next day if it doesn't march higher?
 
The stock rallied quite strongly towards the end of today's trading. Increase of 6.67%. Any thoughts on the sudden increase? Especially when most of other resource stocks dropped like flies?
 
coladuna said:
The stock rallied quite strongly towards the end of today's trading. Increase of 6.67%. Any thoughts on the sudden increase? Especially when most of other resource stocks dropped like flies?
Click to expand...

yeah wonder why, also INL in trading halt to raise money

thx

MS
 
1. Low (?lowest) Cost of Extraction in Industry
2. Secure market for goods to OXR
3. Strong unrelenting demand for Zinc
4. Potential takeover target

To me, it all seems to add up, hence why I hold.

The best explanation to the rush of trading is players looking to consolidate their hold before the weekend break.

Thoughts?
 
1. It will be the lowest cost producer, anyone else see that @ current spot prices, JML's Zinc Cash costs are -35c per lb, thats right negative 35c per lb, that means that they are making so much on their Copper and Silver portion of extraction that the Zinc price they will recieve = Spot + 35c, now I've got them producing 33.6k t Zn p.a. margin = ($3,200 + (35cx2,200))/0.75

IE a margin of $175m p.a.

2. It is a definate take over target, CSM 33% holder has indicated it is only a matter of time before they buy
 
Is JML being punished for not submitting documents?

"...will be suspended from Official Quotation as from the commencement of trading today, 1 May 2006, following failure to lodge with ASX quarterly reports for the period ended 31 March 2006 in accordance with listing Rules"

HTX is also affected....
 
Looking @ chart its interesting to note that JML's RSI has fallen to 60

twice before in the past 2-3months its RSI has been @ 60 on the 13th March and 6th April each time it has been followed by an increase in the share price by close on 30% or 8-9c

So does this mean that if RSI stays @ 60 very soon we will see a leg up?

I think so with 52-54c being the next level (resistance @ 49c-50c to overcome)
 
RSI = What CTP said

Support is @ 44c, given its strong rally a pause is a good sign, so long as it holds at or above 44c

Fundamentals are unbelievable for this stock :D
LOWEST COST ZINC PRODUCER when Jaguar starts in 2007 + excellent chances of finding another VMS deposit around Jaguar
 
What a terrible day for this stock.
It's now dropped to as low as 41.5 cents.
That's two significant drops in the last couple of days.
Any ideas on why? I know today is a dismal day for the resources sector but 7% seems quite excessive?
 

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