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palladium, platinum and rhodium rising - bottom line profit will continue rising which worth multiple mcap. Add that to massive Tjate mine that worth NPV 2bn! punters were chasing EUA but they forgot that JLP is the real gems.
#JLP revenue increased, ebitda increased and applying similar multiple, mcap should be multiple from current level. billionaire and fund managers taking large stake recently. this will rerate ala #BMN
-currently 8m gross profit pa
-Palladium price increasing
-production doubling next mth
-zinc and vanadium production to start Apr next year
- NPV projects $2bn vs mcap 30m, fully funded.
mcap very low at 40m despite Hernic result due shortly and profitability expected approx 12m per annum, with multiple of 10x, it should be 120m mcap. Not to mention deal with Glencore (yes, you heard it right, #GLEN) to be announced soon. BUY before the crowd will realise what they have been missing out.