don't know why anyone thinks they are losing focus when they clearly spell out their intentions in November, these guys are not just going to build one mine in OZ but a mining house. Executives from Glencore and xstrata that have done it before, Kilembe and Kabanga are 10x better than anything anyone has in OZ.
Jervois Mining commences partner and off-take selection for Nico Young
HIGHLIGHTS
Nico Young Pre-Feasibility Study ("PFS") in final stages on a 3.0Mtpa production rate, materially higher than originally envisaged and on a scale similar to other major east coast Australian nickel laterite projects at significantly lower capital
Jervois has made strategic decision to introduce a partner at the project level to share development financing and de-risk its exposure to a large-scale greenfield project
Commensurate off-take rights will be made available
Nico Young PFS remains forecast for completion in Q4 2018. Timing of final publication dependent on partner engagement and negotiations
Jervois remains actively focused on growth via acquisition outside Nico Young and Australia. In addition to the advanced investment opportunities publicly disclosed (shareholding in eCobalt Solutions Inc. ("eCobalt") (TSX:ECS) and application for a prospecting license over the Kabanga nickel-cobalt deposit in Tanzania), the company is at an advanced stage of review and negotiation on other transactions to materially enhance shareholder value
don't know why anyone thinks they are losing focus when they...
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Last
1.1¢ |
Change
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Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $16.10K | 1.466M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 9240506 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 945287 | 5 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| JRV (ASX) Chart |
