The cash came from selling 70% of their EME holdings to Guandong.
If they sell down their holdings in either EME or ALY then they may be able to release more cash but they have no pressing need to do anything.
The other holdings in GTE URA and AHR are relatively small at this stage and would not materially change their cash position markedly. GTE might be the surprise packet if they prove up something soon.
JRL Price at posting:
55.0¢ Sentiment: None Disclosure: Not Held
