JRL 11.8% $3.13 jindalee resources limited

shareholder in eme and ura. , page-5

  1. 1,924 Posts.
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    the sale price of URA will be above that released so it it quite a reasonable result. allowing that ross kennedy is a director of URA it is almost certain that he will have a good eye for the relative value in keeping them or selling them. i expect them to exercise their 20c options and whether they continue selling will depend on whether they have imminent need for cash. i can think of one reason specifically but there may be many.

    JRL will not sell EME on market, they will be looking to get Bigrlyi as far as they can before handballing it to someone larger.
 
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Currently unlisted public company.

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