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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 > Cut my holdings
View:
Post by Buyreallow on Dec 04, 2022 8:04am

Cut my holdings

I was a believer is the near term prospects for Jervois until the latest funding, even as I questioned some of their BFS and SMP predictions.  Now, I think it has again (and again) become a longer term project.  Another 18 months before it becomes profitable at the least.  Therefore, this week I cut my holdings by 50% rathere than see it sit as dead money for a year and a half.
Comment by cashworx83 on Dec 05, 2022 12:43am
This post has been removed in accordance with Community Policy
Comment by heiworm392HFFz on Dec 05, 2022 10:10am
Yeah, 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 ...more  
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