JDR 3.45% 3.0¢ jadar resources limited

I think there is more upside here than downside. Please DYOR....

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  1. 3,646 Posts.
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    I think there is more upside here than downside. Please DYOR.
    $5.5M Market Cap.
    $3.4M Cash
    • Preliminary stream sediment and soil surveys define a number of areas with elevated Lithium and Borate mineralisation on the Vranje-South project
    • Good correlation between B and Li zones in 2 areas
    • Follow-up sampling program currently being planned
    • Areas covered with Miocene sediments are potentially prospective for Jadar style Lithium-Borate mineralisation (the largest Lithium deposit in the world uncovered by RIO).The soil sampling program has defined 4 zones with elevated Boron anomalies, two of which are also elevated in lithium.
    Recent appointment
    Mr Stefan Müller is appointed to the Board of Jadar as a Non-Executive director.

    Mr. Müller has extensive financial markets and investment banking knowledge and experience built over his 25-year career. Mr. Müller is CEO and founder of DGWA Deutsche Gesellschaft für Wertpapieranalyse GmbH (“DGWA”, a boutique European investment and financial markets consulting firm for national and international SMEs based in Frankfurt, Germany.

    Mr. Müller graduated a banker and began his career at Dresdner Bank AG as senior vice president of global equity trading. He held senior positions with Equinet AG, Bankhaus Sal Oppenheim (largest European private bank at that time) as Head of global proprietary trading and managing partner at Proprietary Partners AG, a Swiss based hedge fund advisory company.

    Mr. Müller holds a Non-Executive Director position at European Lithium Limited and Cape Lambert Resources Ltd and a supervisory board position with Agrarius AG, an agriculture-based business listed on the Frankfurt Stock Exchange and also consults for various companies, institutions and federal organisations regarding their investment strategy.
 
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