JRL 11.8% $3.13 jindalee resources limited

announcement, page-4

  1. 610 Posts.
    ive been watching JRL for a while. its discount to holdings way before i got in has consistently been in the 0.48-0.57 ball park depending on acute rise/falls in EME/URA price. its now at 0.67 (still a major discount to value). management have always wanted to "realise the true value of JRL". i suspect they will hang on until EME is taken over whole as both share the same management. only if JRL sells its stake would EME be taken over. question is how much is EME worth??
    its been an interesting ride..ill join u boys again soon. :)
 
watchlist Created with Sketch. Add JRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.