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Bullboard - Stock Discussion Forum Jervois Global Ord Shs V.JRV

Alternate Symbol(s):  JRVMF

Jervois Global Limited is an Australia-based supplier of cobalt and nickel, serving both the battery and chemicals markets. The Company's segments include Australia, Brazil, Finland, United States and Other. The Australia segment includes Nico Young and other Australian tenement licenses held. The Brazil segment includes the Sao Miguel Paulista nickel and cobalt refinery (SMP Refinery). The... see more

TSXV:JRV - Post Discussion

Jervois Global Ord Shs > Don't think the investors down under like the report
View:
Post by farml1234 on Jan 29, 2023 8:12pm

Don't think the investors down under like the report

Management  are trying to run before they can walk 


jmho
Comment by learning123456 on Jan 29, 2023 10:17pm
They overpaid and overstock cobalt at Finland.  It going take the whole year to take care of the overstock cobalt.  I wonder who the genius was that overpaid and overstock the cobalt. "2023 business plan expected to deliver reduction to target inventories of ~110 days by December 2023"   Previously they said by end of the this quarter. Still Learning
Comment by learning123456 on Jan 29, 2023 10:21pm
Also, they figured out it gets cold in Idaho during the winter.  Idaho project is behind schedule.  No word on what they are going to do with the cobalt once it is out of the ground. Still Learning
Comment by farml1234 on Jan 29, 2023 10:56pm
about a year ago our hot shot management team hired a hot shot cobalt trader  , if i remember correctly we paid about $70,000 a ton for that inventory jmho
Comment by learning123456 on Jan 30, 2023 3:03pm
I wonder how many options he received for losing the complany millions of dollars. Still Learning
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