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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 Dec 04, 2022 8:04am
352 Views
Post# 35149251

Cut my holdings

Cut my holdingsI 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.
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