Bullboard - Stock Discussion Forum 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... see more

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Jervois Global Ord Shs > another month

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Post by learning123456 on Jul 22, 2024 8:22pm

another month

It looks like another month.

"majority bondholder (the “Holder”) of the US$100 million 12.5% Idaho Cobalt Operations (“ICO”) senior secured bonds (the “ICO Bonds”), that the Holder will support an extension of the waiver granted on 9 May 2024 in respect of all financial covenants, originally granted until 20 July 2024 to 20 August 2024 and to agree a waiver of certain potential cross-defaults (collectively the “Waiver”). The Holder has also agreed to support a deferral of the interest payment with respect to the ICO Bonds due on 20 July 2024 to 20 August 2024 (the "Deferral")."

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