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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 heiworm392HFFzon Dec 05, 2022 10:10am
240 Views
Post# 35150841

RE:Cut my holdings

RE:Cut my holdingsYeah, I don't blame you buyreallow. I cut most of my holding's in 2021 when the U.S. was writing documents that said it was promoting the removal of Cobalt from the supply chain, and pushing cobalt free batteries. Boy I'm glad I did! Since then, Tesla and BYD (the two big players) have made the transition. LFP is now widely popular with BYD, Tesla, and others, and Tesla has the 4860's.  Additionally, all of the other Car makers have drastically reduced cobalt, and Solid State is around the corner. 

The worst part is the recession. All big ticket items stop, and the Recession is expected to be significant, starting next year.  This pushes the horizan for big profits another two years or so down the road, like you said.  I think all the big boys are starting to trench in (layoff's, reducing big purchases... Facebook, Twitter, Tesla, Amazon, etc, etc.).

Of course, now carsalesman will call us both paid-posters as part of his grand conspiracy where everyone is engaging in stock manipulation, lol. But that is the price of posting I guess 8^).  
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