Relist Jupiter Tshipi Development of Iron Ore Assets review of these projects warranted Iron Ore exporters in Western Australia ports running low in iron ore Mt Ida/Mt Mason can provide immediate production and longterm resources
Can anyone remind me what the RRR Royalties are on Mt Ida/Mt Mason?
"With Tshipi having achieved a three-year operating track-record and healthy profits in FY 2017, and with a record production target of 3mtpa for the financial year ending on 28 February 2018, the Directors have resolved to consider strategic options to enhance shareholder value. This may include the relisting of Jupiter on the ASX in 2017. Advisors will be appointed shortly to progress this further."
"All Shareholders will be made an equal offer to buy-back 6% of their shares in Jupiter (“Shares”), at a set price of US$0.40 (approx. AU$0.53) per Share. This represents a premium in excess of 5x the price at which Shares last traded on the ASX."
congratulations to the Jupiter team and all shareholders in Jupiter over there in oz. I have a soft spot for Perth. 10 bags full on the way for all Jupiter shareholders lovely jubbly. Our RRR stake here now valued at approx £8.82 million, Just below my £10 million valuation and £530,000 dividend on the way.
Delighted for you Luckydog, thats why we all play this game Luckydog have you actually done the figures on Tshipi re production and profits for November and December? I have and they are mind blowing I think you will get your 80 cents.
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