jbone26Their uranium projects are already held under a 100%...

jbone26

Their uranium projects are already held under a 100% owned subsidiary company called: Run Jungle Uranium. They will be looking to spin off & list this entity.

Following the model of many other such spin offs, they will probably allow s/holders to gain priority on the IPO, and maybe some free in-spec shares. They will probably keep a 10% holding in the new floated uranium vehicle.

After they will then be a holder of their many energy investments including a substantial holder in Rum Jungle Uranium.

To me the market has missed this low entry opportunity.

*$4 million plus in bank (cashed up after oppie conversions
*Large shareholder in Aviva (coal mine & power station)
*Holds convertable otes in Exergy Inc (thermal energy patents & contracts)
*J/V with Daniels Corus Steel maker
*J/V in a bio-diesel project
*J/V in Lilyburt Coal project in Canada

*Uranium:

Woolner
Alice Springs
Rum Jumgle (CRE j/v)
Tenant Creek (CRE j/v)
Additional leases?

Seek new listing: Rum Jungle uranium