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Bullboard - Stock Discussion Forum 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... see more

TSXV:JRV - Post Discussion

Jervois Global Ord Shs > JRV Forecast breakeven date moved up
View:
Post by heiworm392HFF on Dec 09, 2022 10:47am

JRV Forecast breakeven date moved up

JRV Forecast breakeven date moved forward into this year (2022) with forecasted profits of expected of US$979.4.

Earnings Growth of 66% required to achieve this. 

Three analysis covering Jervois Global previously expected break even to be in 2023, but have modified there estimates.
Comment by Buyreallow on Dec 12, 2022 8:12am
Something very wrong with this message.  SMP and ICO are both not yet producing revenue, and Jervois Group revenue for YTD 2022 at end of Q3 was $US 280.9 million and we are expecting EBITDA for 2022 of $979.4 million US?  How is this going to happen?
Comment by heiworm392HFF on Dec 12, 2022 8:58am
Agreed.  It came  across my news feed in a brief 6 line news note. It surprised me. Howevet, you're right.  I think a news article like the following better describes our break even outlook, which is 2023, not this year which makes no sense.   https://finance.yahoo.com/news/jervois-global-limited-asx-jrv-001423814.html
Comment by Zackra on Dec 12, 2022 10:32pm
This post has been removed in accordance with Community Policy