JRL
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11.8% $3.13 jindalee resources limited

latest asset valuation is now 90c per share

  1. cdchi1
    8,616 Posts.
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    01/06/09
    13:17
    Post #: 5227407
    I note in particular that one of its investments, Alchemy, has moved up to over 10c...on the back of an iron ore announcement it seems.

    With 10 million shares in ALY, this is now becoming a significant investment, though obviously its investment in EMe is still the CORE. Worth watching ALY to see if it moves higher. It may also become a source of funds to avoid any capital raising.

    Cdchi1
    JRL Price at posting: 40.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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