Patersons released a buy recco on JML
Jaguars June Q zinc production up 19% on the March Qtr to 12,972kt, while copper output also increased 10% to 2,463kt.
Jaguar has maintained its low cash costs (after credits) of US$0.12/lb zinc.
Catalysts.
(1) Drilling from u/g platforms at Jaguar to increase and define deeper resources
(2) Reserves for both Jaguar and Bentley projects to increase in Sep Qtr update
(3) Stockman Scoping Study is scheduled for release in Sep
Qtr.
Price target $0.58
Patersons released a buy recco on JMLJaguars June Q zinc...
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