Jindalee Resources (JRL.AU) emerges as glamor stock in uranium sector
ignited by federal government move to take control for approval of uranium mining in
Northern Territory. JRL surges to 53, up 25% on heavy trading of 1.3 million shares. JRL
says government move likely positive for future development of its assets. JRL holds
portfolio of advanced uranium assets in NT, through subsidiary Energy Metals, now
undertaking a public offering before listing. JRL says its share register tightly held,
plus is in strong cash position, which could also help explain large price gain.
Jindalee Resources (JRL.AU) emerges as glamor stock in uranium...
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