JRL 11.8% $3.13 jindalee resources limited

jrl holds 9.8m shares of aly, page-4

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    but the current market cap of JRL is only 29m dollars. Still undervalued.

    The value of EME shares held by JRL is currently 45,162,000
    The value of ALY shares held by JRL is currently 6,174,000

    so...

    45,162,000 + 6,174,000 = 51,336,000

    Therefore market cap of JRL is at a discount of 22,336,000 dollars. It's price should be at least 1.57
 
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Currently unlisted public company.

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