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JRV - Jervois Global

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With over 1.2 billion shares on issue :eek: , its going to take an awful lot of uranium to move this baby, IMO.
 
1.2billion shares

last sale price is 1.5cents

that makes it capitalised at nearly 20 mil, and it holds only 40% of the tenements

that means the mkt is capitalising the value at over 50million. I don't see many u companies with just a tenement(and no drilling, no other info) worth 50million today

they didn't even give us a picture of the anomaly either

sounds suss to me

back to 0.6cents this dog goes
 
Halba said:
1.2billion shares

last sale price is 1.5cents

that makes it capitalised at nearly 20 mil, and it holds only 40% of the tenements

that means the mkt is capitalising the value at over 50million. I don't see many u companies with just a tenement(and no drilling, no other info) worth 50million today

they didn't even give us a picture of the anomaly either

sounds suss to me

back to 0.6cents this dog goes
Click to expand...
They're also trying to place another 314 000 000 shares that they weren't able to have taken up in the last placement (plus a stack of options)
 
I bought into Jervois a while ago, not for their WA uranium prospects that will still have to overcome Labor's 'three mines' uranium policy even if the stuff is found in commercial quantities. I bought into Jervois as their large sub-commercial nickel deposits near Young in NSW may become quite valuable if they can crack the riddle of hydrochloric acid recovery thereby converting sub-commercial ore into commercial ore. As my old mother often used to say: "Don't give up before the miracle happens." I was hoping innovative acid recycling would provide that miracle, but if uranium makes me filthy rich and nickel only stinking rich two years hence, I won't complain.
 
I bought into Jervois twice and the average cost (including brokerage) was 1.36 cents. If uranium fever hasn't pushed them skywards, I may buy some more on Monday (for their nickel prospects) but only if my full-service broker can see no traps for young players. But which ever way the cat jumps, I won't be a partial seller until at least 2008. As my old mother used to say 'Let time be the treasure!"
 
Since Jervois was available this morning (Monday 22 January) at a reasonable price, so I bought some more - taking my average purchase price (if I exerise some 1 cent options later this year) to 1.41 cents - very close to their ASX price a few minutes ago. From now on in, I'll wait to see what happens to their nickel ore processing trials in NSW (and their uranium drilling program in WA) before making any decisions.
 
A nice little pennant has formed with volume confirming possible breakout. Closed with market depth looking promising. (daily chart below)
 

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Re: JRV Expect Big Things!

TheProphet said:
Recent recommendations have picked this stock as the one to watch this financial year. Waiting for the annoucement re: new drilling programs at Nyngan to come in early next week.

Target of $25-30cps seems viable?

Any ideas/comments?
Click to expand...


Recommendations? Who from - any investment /equity firms?

There's been some nice sp growth since late December, almost 400%.
 
Re: JRV Expect Big Things!

Atomic5 said:
Recommendations? Who from - any investment /equity firms?

There's been some nice sp growth since late December, almost 400%.
Click to expand...

Its actually gone up 100% not 400% but thats still a good rise.

Cheers!

Champ
 
Re: JRV Expect Big Things!

champ2003 said:
Its actually gone up 100% not 400% but thats still a good rise.

Cheers!

Champ
Click to expand...

Thought the last quarterly activities report interesting reading. Cannot seem to assess as to how much of the massive Young nickel deposit they may be sitting on, .....
 
GrahamMac said:
From now on in, I'll wait to see what happens to their nickel ore processing trials in NSW (and their uranium drilling program in WA) before making any decisions.
Click to expand...
Interesting to note that ASF's darling little stock INL has been buying up JRV shares in the past few months... oh and today's chart looks pretty nice too.

m.
 
marklar said:
Interesting to note that ASF's darling little stock INL has been buying up JRV shares in the past few months... oh and today's chart looks pretty nice too.

m.
Click to expand...

I wonder if INL are going to keep purchasing?
I might pick myself up a little parcel of both on monday!!
 
Re: JRV Expect Big Things!

champ2003 said:
Its actually gone up 100% not 400% but thats still a good rise.

Cheers!

Champ
Click to expand...
Selling at .5c mid Jan to 2.1c Friday seems close to 400% to me ???
 
With over 2Billion shares fully dilluted (including 1c and 2c unlisted options) Mkt Cap is $70m at 3.5c!

Congrats to those who made a ton on this!
 
marklar said:
Interesting to note that ASF's darling little stock INL has been buying up JRV shares in the past few months... oh and today's chart looks pretty nice too.

m.
Click to expand...

Well done for noticing this MarkLar.

Cheers,
 

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