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 > Issue price

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Post by Buyreallowon Nov 10, 2022 11:57am

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Post# 35088711

Issue price

the 550 million shares being issued are being issued at a price of 42 cents Australian, or 37 cents Cdn.
I don't see the shares falling too much below this price. After all the company is getting about $200 million on their books. I think what investors will be more disappointed in is the fact that the SMP is not expected to be in production until Q1 2024. So what do we do with the ICP ore in the meantime?

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