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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 Finland segment includes the cobalt refining and specialty products business located in Kokkola, Finland. Its product categories include chemical and catalysts, pigments, powder metallurgy and battery. The United States segment includes the Idaho Cobalt Operations (ICO) cobalt-copper-gold mine in Lemhi County outside of the town of Salmon, Idaho. The Other segment consists of non-core exploration not related to Australia and the United States. The Company's non-core assets are located in Canada (Virgin River project and Kernahan/Bell project) and Australia (Arunta West project).


TSXV:JRV - Post by User

Comment by 17Diggeron Mar 26, 2021 1:23pm
119 Views
Post# 32887068

RE:RE:RE:Not about US $.

RE:RE:RE:Not about US $. After the Formation Capital reverse split took this company to a $3.50 a share, its new price fell steeply and I bought some of those shares at nine cents.

It you do reverse splits (financial engineering consolidations) the share price usually then drops back to where it was before, or even lower.

If you want a better share price make the company more profitable and both the big and investors will come. 

Unfortuneately, as we found out with the Jervois takeover of ECS, other types get attracted too if your management is not looking out for its shareholders' interest.  Be careful of financial hijinks.

xxxxx



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