jml in smh

Good read:

Barry FitzGerald in his column Stocks to watch:

"BASE METALS:
The June pick was the Tassie miner Bass Metals (BSM). It benefited from the broad advance in metal prices and the earnings surge to come from first production from its Hellyer project.

It would be nice to keep it in the portfolio, but to freshen things up out it goes.

Its replacement is Jabiru Metals (JML), owner of the Jaguar/Bentley polymetallic operation in Western Australia and the Stockman development project in Victoria.

Stockman has come into its own and is offering the potential to generate annual free cash flow of more than $70 million a year.

The argument is that there is not much in Jabiru's share price for Stockman, a project that is more copper rich than the zinc-rich Jaguar/Bentley projects. Jabiru comes in at 60? a share.