JDR 3.45% 3.0¢ jadar resources limited

Ann: Mines & Money Investor Presentation and Website, page-8

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  1. 395 Posts.
    Can you explain to me why do you think that way?

    From the presentation slide 21, drilling should start on Q3 ?
    From the last cashflow report they should have about 3.5m now, and administrative/staff costs are only about 200k for the last quarter... so why would they need a raise to pay salaries, assuming they are doing no exploration?

    I think this is undervalued and that is why the instos are buying it.
 
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