eme tko, page-18

Forseti

I am not aware of any management changes to Jindalee Resources??? Let me know if I've missed something (I would be interested).

There is plenty of potential with this company IF the TKO is approved. There are many previous posts (by myself and others) that explain the potential returns to shareholders.

Key things to do are:

- check the number of JRL shares on issue
- check how many EME shares JRL has
- consider how much cash the company will receive if the TKO is approved
- consider how many EME shares they will have left and their value
- consider the value of JRL's other investments (ALY, GTE, AHR, URA)
- read the chairmans address released to market in Nov 2008 (27th from memory) which discusses what management may do if they realise their EME investment

Then do the maths.

Or just find relevant previous posts on JRL.

Cdchi1