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Jervois Global Ord Shs JRVMF


Primary Symbol: V.JRV

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

Comment by learning123456on Jul 22, 2024 11:38am
132 Views
Post# 36142734

RE:RE:News

RE:RE:NewsI would guess they are running low on funds and this announcement relates to funds.  In the past they have issued more shares to raise funds and the stock price goes down.  That is one thing management has excel at.  Without funds it is bad news for Jervois.  

Given the price of cobalt the only hope is the US government back refinery and mines.  If Trump wins, then no backing.

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