Jervois Global Ltd (OTCPK:JRVMF)
$ 0.00875 0.00025 (2.94%) Market Cap: 19.57 Mil Enterprise Value: 181.27 Mil PE Ratio: 0 PB Ratio: 0.15 GF Score: 0/100

Q4 2023 Jervois Global Ltd Activities Report Call Transcript

Jan 29, 2024 / 10:00PM GMT
Release Date Price: $0.0213 (-11.25%)
Operator

Thank you for standing by and welcome to the Jervois Global Q4 2023 results call. (Operator Instructions) I would now like to hand the conference over to Mr. Bryce Crocker, CEO. Please go ahead.

Bryce Crocker
Jervois Global Ltd - CEO

Thank you very much and a pleasure to be here with James May, Chief Financial Officer again this quarter. Turning to slide 2, please note the usual disclaimers and let's move to the highlights slide, please moderator. On slide 3, the Q4 2023 highlights, Jervois, Finland contributed USD4.7 million in operating cash flow for the quarter, which rounded out the calendar year at USD46.1 million.

Fourth quarter prices-- fourth quarter results continue to be driven by locale prices with the price starting the quarter at USD1,450 per pound and finishing the year at USD13 per pound. We estimate global cobalt demand to have risen by approximately 15% in 2023, a healthy rise under normal circumstances.

Unfortunately, Chinese oversupply from the Democratic Republic of Congo or DRC continues to overwhelm market balances and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot