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Folks
I wished to provide you full report story from Eureka Report
But do not want to get an interaction (?) from friendly moderators

So extract within copyright story

A mouse that might roar
By Michael Feller

PORTFOLIO POINT: Jervois is a tiny company, but two big joint venture partners could change that.

Junior miner Jervois Mining (JRV) could well become the Fortescue of nickel, speculates Melbourne investment analyst Richard Campbell.

“When I first looked at the company, back when nickel was $US50,000 a tonne, I saw it was sitting on roughly $30–50 billion worth of nickel in raw terms,” Campbell says. “It’s also got perhaps $3 billion worth of cobalt and a significant amount of iron ore at a grade of 15%. I thought this must be the most undervalued company in Australia.”

The word is out, yet even though Jervois has gained some 20% over the past week to reach a market cap of about $50 million (it closed on Tuesday at 2.3 ¢), it’s still a relatively tiny (and speculative) company, one that has been quietly going about its business – mainly gold, and before that, copper mining – since first listing in Adelaide back in 1963.

On June 2, Jervois announced a clever three-way deal with two top Chinese partners, one a proven joint venture operator, the other one of the world's biggest railway companies. With free carried interest of 20%, and the option to take that up to 30% dollar-for-dollar, Jervois is now working alongside Yunnan Jiaming, a nickel specialist, and the $US15 billion China Railway Group on a nickel laterite project outside Young, NSW. "

<blockquote data-quote="Miner" data-source="post: 302595" data-attributes="member: 8351">FolksI wished to provide you full report story from Eureka ReportBut do not want to get an interaction (?) from friendly moderatorsSo extract within copyright storyA mouse that might roar By Michael Feller&nbsp;&nbsp; &nbsp;PORTFOLIO POINT: Jervois is a tiny company, but two big joint venture partners could change that. Junior miner Jervois Mining (JRV) could well become the Fortescue of nickel, speculates Melbourne investment analyst Richard Campbell. “When I first looked at the company, back when nickel was $US50,000 a tonne, I saw it was sitting on roughly $30–50 billion worth of nickel in raw terms,” Campbell says. “It’s also got perhaps $3 billion worth of cobalt and a significant amount of iron ore at a grade of 15%. I thought this must be the most undervalued company in Australia.” The word is out, yet even though Jervois has gained some 20% over the past week to reach a market cap of about $50 million (it closed on Tuesday at 2.3 ¢), it’s still a relatively tiny (and speculative) company, one that has been quietly going about its business – mainly gold, and before that, copper mining – since first listing in Adelaide back in 1963. On June 2, Jervois announced a clever three-way deal with two top Chinese partners, one a proven joint venture operator, the other one of the world&#039;s biggest railway companies. With free carried interest of 20%, and the option to take that up to 30% dollar-for-dollar, Jervois is now working alongside Yunnan Jiaming, a nickel specialist, and the $US15 billion China Railway Group on a nickel laterite project outside Young, NSW. &quot;</blockquote>

[QUOTE="Miner, post: 302595, member: 8351"] Folks I wished to provide you full report story from Eureka Report But do not want to get an interaction (?) from friendly moderators So extract within copyright story [B]A mouse that might roar By Michael Feller [/B] PORTFOLIO POINT: [B]Jervois is a tiny company, but two big joint venture partners could change that. [/B] Junior miner Jervois Mining (JRV) could well become the Fortescue of nickel, speculates Melbourne investment analyst Richard Campbell. “When I first looked at the company, back when nickel was $US50,000 a tonne, I saw it was sitting on roughly $30–50 billion worth of nickel in raw terms,” Campbell says. “It’s also got perhaps $3 billion worth of cobalt and a significant amount of iron ore at a grade of 15%. I thought this must be the most undervalued company in Australia.” [COLOR="Red"]The word is out, yet even though Jervois has gained some 20% over the past week to reach a market cap of about $50 million (it closed on Tuesday at 2.3 ¢), it’s still a relatively tiny (and speculative) company, one that has been quietly going about its business – mainly gold, and before that, copper mining – since first listing in Adelaide back in 1963. [/COLOR] On June 2, Jervois announced a clever three-way deal with two top Chinese partners, one a proven joint venture operator, the other one of the world's biggest railway companies. With free carried interest of 20%, and the option to take that up to 30% dollar-for-dollar, Jervois is now working alongside Yunnan Jiaming, a nickel specialist, and the $US15 billion China Railway Group on a nickel laterite project outside Young, NSW. " [/QUOTE]

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