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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

Post by Buyreallowon Nov 09, 2022 5:14pm
224 Views
Post# 35086679

Delay, delay, delay

Delay, delay, delayFind it very interesting that since the days of Formation Capital, delays have been the theme.
Here we are with the SMP refinery reopening delayed by 1 year.  That means the ore mined by the ICP has no place to be refined.  If they negotiate a location to do so, then why bother with SMP.  Having large Australian investors buy in to the plan means nothing to me.  They have too much money in it to back out now.  What a disaster this outfit has become.
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