Introduction
Less than two months ago, I wrote a SA article in which I explained why South Africa-focused manganese ore miner Jupiter Mines (JMXXF) would reap significant profits over the next few months, thanks to high manganese ore prices and the re-opening of open pit mines in South Africa.
Well, Jupiter just released its results for the quarter ended May 2020, and the attributable EBITDA from the Tshipi mine was A$17.9 million ($12 million). The August quarter should be much stronger, and I think attributable EBITDA from Tshipi could stand at around A$85 million ($56