Peter Johnston's Jervois eyes Idaho cobalt development

JERVOIS Mining, the ASX junior with the heavyweight board, has used a sizeable chunk of its cash holdings to invest about A$10 million buying a 4.5% stake in Toronto-listed, Idaho-focused cobalt developer eCobalt Solutions.

Peter Johnston's Jervois eyes Idaho cobalt development Peter Johnston's Jervois eyes Idaho cobalt development Peter Johnston's Jervois eyes Idaho cobalt development Peter Johnston's Jervois eyes Idaho cobalt development Peter Johnston's Jervois eyes Idaho cobalt development

Jervois is trying to lift its involvement in the advancing Idaho cobalt project owned by eCobalt.

Jervois, which started the June quarter with about $17 million and whose executive chairman Peter Johnston and CEO Bryce Crocker are ex-Glencore/Xstrata, said it made the investment "to facilitate