Interview with Bryce Crocker, CEO of Jervois Mining (ASX: JRV)
Jervois has ambitions of being a meaningful Cobalt producer with Nickel and Copper exposure to feed into the Electric Vehicle thematic - but then who doesn't. The difference is going to be the management team's ability to deliver that ambition. Step forward ex-Glencore Director Bryce Crocker.
Crocker had a busy year. Two acquisitions.
The business has been built on the Nico Young Nickel and Cobalt asset in Australia, but that took that back seat with the acquisition / merger with M2 Cobalt with their Ugandan cobalt assets. This is a large greenfield development project in the early stages but therein lies the problem for investors and the market. No near term revenue or sight of how they slot in to the the EV cycle. Hence the acquisition of Idaho Cobalt Operations. A pre-construction ready asset in the US and a new FS started.
Crocker comes from large corporate background, so thinks big but is pragmatic. Listen and tell us if you think his strategy and business plan make sense and if you think he is the guy to deliver shareholders the returns they want.
And a CRUXinvestor mug for the first person to guess the song with the lyrics in the Title above. Need song title, name of artist and the year.
00:00 - Introduction
1:42 - Company Overview
3:46 - Cobalt and Nickel Markets: Are We at the Bottom of the Cycles?
6:12 - Raising Value with Idaho Cobalt Operations: Why did They Fight so Hard to Get it?
13:12 - Company Financials and Distributing Money Between Projects
20:09 - Raising Money: Who are They Talking to?
25:25 - Milestones for 2020: Growing the Share Price
31:54, 49:02 - Lessons Learned in the Junior Space
37:28 - Shareholder Expectations
41:15 - Nico Young and Kilembe: The Highlights
Company page: [ Ссылка ]
Make smarter investment decisions, subscribe here: [ Ссылка ]
For FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:
[ Ссылка ]
[ Ссылка ]
[ Ссылка ]
Take advantage, hear it here first: [ Ссылка ]
Join our Club's waitlist: cruxinvestor.com/club
