JRV has been in existance for 50 years+. So can anybody tell me...

JRV has been in existance for 50 years+.

So can anybody tell me what they've been doing for past 49 years???

I understand that old management was lifestlye family affair and that this new management is a kick ass team.

But how can a new management team alone push the SP so high so quickly?

The way I understand it is that Royalties are lined up for Nyngan & Bullabulling but not really making a living just yet. The only sound prospect that they had, Flemington, has been optioned to AUZ for $5m with $500000 next March and then a wait til September 2018 and then 1.5% production royalty. They've invested in ELT which is still finding its feet with Cu & Sn and another Sn project in Qld which I don't know much about. Then there is old faithful Young where they are still trying to perfect the extraction of Ni. I can hardly wait another decade. At least the Cobalt has come into fashion now, lol.

So can anyone tell me why the share price is where it is at the moment and why rampers are talking it up to $1.

Seriously, where's the value?

I don't even think the royalties have even started yet.

Can anybody help me understand before this thing rockets any more.

Just genuine intelligent replies please.