recharged jervois starts its engine, page-171

As Kkaliqs said, they've barely talked about the project. The resource is comparable to many of its laterite peers in terms of grade and it has excellent infrastructure nearby. And work done on it has not yet been incorporated into a redefinition of the resource yet.

And with the appointment of Crocker (check his background) and the two blokes he brought in soon after, we have an excellent team to drive this forward.

Add to that:

- $2m of share investments in Elementos and Explaurum that imo they will monetise
- royalties that they have flagged will be monetised (expect $10-20m imo from this - i posted more info on the main royalty here: https://hotcopper.com.au/threads/ann-capital-raising.3525687/page-12?post_id=25668390)
- $5M option payment coming from AUZ on Flemington (not sure on timing, had till Sept '18 but recent CR had the option payment earmarked to be paid)
- more detail to come on their CSIRO collaboration
- Another $1m or so from options exercise
- A tightly held capital structure with much of it held by one broking firm that has a very clear strategy to hold and accumulate

Pick of the bunch imo though I'm also liking the look of G88 which I bouht at open on Friday and may pick up a few more on Monday depending on SP movement. Mind you JRV hasn't exactly been a laggard having eight bagged since raising of 6c earlier this year.

Cdchi1