It has been a while since i crunched the numbers on JRL so here...

It has been a while since i crunched the numbers on JRL so here goes.

This is rough and doesn't take into consideration any other changes by JRL over the last 12mths to their holdings in the listed vehicles (although to the best of my knowledge nothing has changed).

EME 46,794,273 @ $0.63 = $29,480,391
GTE 2,249,612 @ $0.026 = $58,489
AHR 1,200,000 @ $0.075 = $90,000
ALY 10,000,000 @ $0.20 = $2,000,000
URA 2,542,000 @ $0.04 = $101,680
Cash = $180,000 from recent exercise of options (waiting for latest qtrly to get the right number)

TOTAL = $31,910,560

total shares on issue 32,794,775 (undiluted)

so $0.97 per share (last trade went thru at 42c)