Jervois Global Ord Shs V.JRV

Alternate Symbol(s): JRVMF

Metals & Mining Industrial Metals & Minerals

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

Jervois Global Ord Shs > Tesla, GM, and Ford, still using Cobalt. See link.

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Comment by heworim392on Aug 16, 2021 2:09pm

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Post# 33710924

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Tesla, GM, and Ford, still using Cobalt. See link.

I wouldn't call a .35 cent stock price after being fully funded something that makes anyone comfortable, especially since Tesla's 4860 No-cobalt batteries with 50% lower costs and significant range increases have successfully validated performance and lifetime. Solid state is around the corner.

It is all a matter of what happens in 2022 as we approach production. Glencore will come to play with massive stockpiles, and the 4860 (expected in the Model Y) will take over the market. It 'could' work out. Scary times though. That is why we are stuck at .35 cents.

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