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JRV - Jervois Global

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Sort of coming around to this view myself a bit Atomic5. As much as I want to think there is something here for INL and JRV, I still can't work out why they would sell a lousy quarter million dollars of stock. Doubt whether there were any major costings to cover in the approach, so maybe they sold the shares as a show of power they have over the company. Let's face it, INL bought up the parcels at an average price of 1.6 cents I think from memory. So it stands to reason that getting rid of their entire parcel would pull JRV's SP back to those levels. This might seem a little contrary to my previous postings, but I can't figure out why they would such a small amount of the stock?
 

Yes well if people actually read the announcements a bit more carefully instead of slandering other forum members then maybe they would have clued up on a few things!
 
In any case, I can't see INL taking JRV over without the proven technology (patents) otherwise anyone with $ could have taken over JRV by now.
Click to expand...

That is the point ... INL's technology has been tested and patented ... go read the literature on their site, they just need it proven on the commercial scale.

For the JRV China deal to go ahead they need a method of processing Nickel Laterite ores, China just want Nickel ... the potential for a deal between JRV and the Chinese is actually strengthened by the INL technology.

Cheers ... Dave
 
I will be reading the INL PDFs over the weekend.

I have yet to read anything that states that anyone can successfully and $viably get the Nickel out and JRV seems to prefer the HCL process for some reason.

A failing money guzzling plant isn't going to impress anyone, though 'potential' technology might still actually sound better to the Chinese rather than a $ committment to something that might not work, & Guang Ye seem to have Canadian business friends.

I dont know at what stages these researches are at globally, eg Canada et al, though I do seem to detect an awful lot of INL fans, probably because the speculation of a takeover took JRV from .016c to .041c in one trading session.


Just MHO - Please DYOR
 

I think they used to own close to 15% of JRV as of the (?)26th Feb.
 
Atomic5 said:
I think they used to own close to 15% of JRV as of the (?)26th Feb.
Click to expand...

The 604 provided with todays announcement quoted the figures i posted.
 
Abyss - The voting rights appear different to actual ownership %s.


Re: Nickel leaching

The primary hydrometallurgical processes applied commercially are quote -(according to the INL webpage):

(i) high-pressure acid leaching (HPAL), which offers higher overall Ni & Co recoveries, >90%. This has been the technology common to all new hydrometallurgical nickel projects over the last 15 years, such as the three Australian projects at Cawse, Murrin Murrin and Bulong; and

(ii) atmospheric-pressure acid leaching processes including the Jaguar Nickel Inc (JNI) process.

The main advantage of the chloride medium is the ability to operate a leach at atmospheric pressure. This approach is the essence of the Atmospheric Acid Leach (AAL) (Jaguar Nickel), which relies on pyrohydrolysis to recover HCl for leaching and MgO for liquor purification.


JRV appears to be more interested (or distracted) by the latter, in that they continually quote this method, and maybe this is why, ....

Jaguar Nickel Inc. (TSX-JNI) is a well funded Canadian mineral exploration and development company.
www.jaguarnickel.com
Revenue $100 - 250M Ticker Toronto : JNI

23rd Feb 2007
Jaguar Nickel Inc. announced today that it intends to change the focus of the Company from a mineral exploration company to a merchant bank focused on creating value for Jaguar shareholders by making investments in undervalued companies in various industry sectors. .....http://www.jaguarnickel.com/files/objects/PR-01-07 NEW FOCUS 02-23-07 Final.pdf



And this might be why there is hesitation on the part of JRV, though I note that this news is a little old.
Any comments?

NEWS

http://www.theajmonline.com/informaoz/ajm/home.jsp?var_el=archart&art_id=998127786110&seqnum=174

FINANCIERS LEARN LESSONS FROM MURRIN MURRIN/BULONG - 01 August 2001

Financiers still smarting from their exposure to the WA dry laterite nickel trio of Murrin Murrin, Bulong and Cawse had some interesting reading this weak.

Standard & Poor's analyst Ian Greer released a report entitled “Mining Project Finance Lessons for All Projects” which analysed what went wrong at Bulong and Murrin Murrin. Along the way he drew some comparisons to Straits (Nifty)'s financing, the first natural resources project in the world to attract an investment grade rating from the ratings agency.

The first of Greer's five major lessons from Murrin Murrin and Bulong was that incomplete design can lead to cost overruns.

“Both plants used unproven technology and a design that had not been thoroughly tested,” Greer observed of Murrin Murrin and Bulong, in comparison to the proven technology of Straits Resources Nifty Copper Operation. .....


MHO - Please DYOR
 

To elaborate on this I've done more research and charted this over an 10 year period. Jan 1997 was trading at 21 cents then traded down to 7 cents by Dec 1998 then crabbed till Jan 2003 in a range of 3 cents and .063 cents then bottomed at .05 cents in June 2004 then immediately spiked to .028 cents then down trended until June 2006 and has been on an up trend ever since.

Therefore there has been alot more volatility to this stock. It will be interesting to see where it is going to head in the coming months.

Does anyone have any thoughts on what price the market cap should be if it becomes a developer? Between 350 mill - 500 mill?? Any thoughts?

Cheers!

Champ
 
crazyjimsmith said:
Yeah I agree Atomic.

If INL pull the pin and walk JRV could take a frightening fall!
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I gather you aren't placing any value on the potential chinese joint venture?

Champ
 
Personally I feel that if a [face to face] meeting did take place,it didnt go to well. Based on the time,of their Ann,they didnt have lunch or celebratory drinks,and it is Friday,after all.
Why did INL sell 6 mil JRV shares the day before to-days meeting? Not very polite,a bit like inviting every-one to a barbeque and selling the Pork Chop before they arrive.
Possibly pre-barbeque phone conversations weren't going to well,so INL spat the dummy and sold into Jrv's little rally yesterday.
Only 6 mil shares,but enough to let the [Brokers] know they weren't happy.
[Stopped the rally in it's tracks,sent SP back to where it started that morning.]
It was I believe INL's interest in JRV that lit the flame under their share price,what might happen if INL turns down the gas and nicks off with the gas bottle?
By selling those Jrv shares could that of been INL's way of asking to be taken seriously?

May-be [1 INL in the hand? is better than 2 Chinese in the bush?]

Should we try and read between the lines or just wait and see?
Holding INL long term,not sure what to do with my JRC ATM
 
Has anyone noted the coincidences in the date 23rd February 2007, the day JRV went from 0.016 to .041?

Why did INL move on JRV the 23rd Feb 2007, the day Jaguar Nickel announced it's intentions to become a merchant bank?

 
Atomic5 said:
Has anyone noted the coincidences in the date 23rd February 2007, the day JRV went from 0.016 to .041?

Why did INL move on JRV the 23rd Feb 2007, the day Jaguar Nickel announced it's intentions to become a merchant bank?

Click to expand...

I think that's pure co- incidence . INL became a substantial holder on the 23rd/2. i think that holds more weight than the Jaguar theory just IMO.

Cheers!

Champ
 
The way i see the JRV investment is that Nickel is going up, Uranium is going up and Gold is going up. JRV have all 3(uranium Tenements still to be drilled). They will eventually mine their Nickel assets.
There's not alot that can go wrong medium term with this IMO.
 
Atomic5 said:
Has anyone noted the coincidences in the date 23rd February 2007, the day JRV went from 0.016 to .041?

Why did INL move on JRV the 23rd Feb 2007, the day Jaguar Nickel announced it's intentions to become a merchant bank?

Click to expand...

INL directors must have read that article from Robin Bromby about JRV's Laterite Nickel deposit in Young.

I think both stocks have great potential long term but I suspect INL will be dumping JRV when they realise that they won't get anywhere!

INL has patented and proven technology that is transportable! They'll find another nice project in no time at all! INL is the one to back!

I would hate to think where JRV's share price will go if and when they start dumping their 11% stake...........

It's funny how a few on this thread took their eye off the ball and got side tracked with slandering others for no reason!

I bet they'll be licking their wounds!

Some of the previous contributors have gone very quiet suddenly and I have to confess I have had some fun watching all this transpire! :
 

Crazy what makes you so sure that JRV won't agree to something with INL? I appreciate that its your opinion but do you have any facts to back up that claim?

Cheers

Champ
 

I notice this is your first post juiceman, so welcome to the forum.

I must admit I did enjoy your BBQ analogy, very amusing, ROFLMAO...

If INL does "nicks off with the gas bottle", it could trigger a sell-off in JRV, something I will be watching over the coming weeks.

Put it this way... If it wasn't INL selling the stock yesterday, you would have to think it was the insto's, as the parcels were large and round!

And if it was the Insto's, they were probably just profit taking, as they whould have been in since INL started their buy up. So basically, they are in the same boat as us. Waiting of INL's next move!


Jim, I think it's time to bury the hatchet on these type of comments. With all due respect, they can be seen as insighting further slander, so let's put it to bed and continue with the topic... The fact that they have gone quiet is not good for the forum, nor myself, as I enjoy their contributions, as I do yours, on topic of course. It's all good, so let's move on....
 
Put it this way guys,

If INL dumps this stock and it drops that will create a great buying opportunity for the next run up over speculation about a possible chinese JV.

 
champ2003 said:
Put it this way guys,

If INL dumps this stock and it drops that will create a great buying opportunity for the next run up over speculation about a possible chinese JV.

Click to expand...

I agree champ, personally I would look to placing a stop at .029 which would get me out of the stock square, then load back up if it got to those low levels again, although, I think it unlikey INL will dump.

Surely they can see the value in the stock. They have already made 100% on their investment, and they hold the downside cards re the SP. May be a good little investment for INL in return for doing bugger all!

DYOR
 
Crazyjimsmith,

I agree with Gundini's comments on the matter. In your last 2 contributions to this thread, you're provoking the issue further by saying that some people took their eyes off the ball by slandering others for no reason. I have since reported your last post for being very bad. What I don't understand is why you continue to post on this forum when you bag it on a number of fronts including "ramping." A number of your posts have been deleted as being vulgar. This is the best forum going around and I was going to let the matter slip, but your veiled references towards both me and Kauri in your last 2 posts indicates that you wish to continue the matter further. Kennas (amongst others) has enough on his hands to deal with and is doing this job on a voluntary basis.
 
Any posts in the thread, from this point on, that refer to anything other than JRV will be removed. If I have to remove more than one post by the same author, then that individual will have their ASF account permanently suspended.

This nonsense stops here. Please do not even respond to this post. If anyone wishes to discuss it further then feel free to PM me.

Now back to the topic at hand: JRV
 
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