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ENA - Ensurance Ltd

System

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Parker Resources NL (PKR) is focussed on exploring for uranium on the Allambi Project, which covers over 700 square kilometres and is located 72 kilometres to the south east of Alice Springs.

The tenement is situated within the Amadeus Basin, between the Orange Creek and Camel Flat synclines to the north-west and southeast respectively and geological mapping suggest a complex folding and faulting regime within the tenement.

http://www.parkerresources.com.au
 

springhill

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Re: PKR - Parker Resources

PKR, little known, rarely traded.
18m FPO shares on issue, 8m partly paid, $3m in the kitty.
Uranium explorer in the NT, as far as uranium exploration goes, i guess this is where you want to be.

http://www.asx.com.au/asxpdf/20120430/pdf/425xrqb53nkv6h.pdf

Parker has appointed Apex Geoscience Australia Pty Ltd (Apex) as its Consultant Geological firm. During the
quarter, Apex has undertaken traversing, mapping and sampling the Allambi Project to produce an early stage
appraisal of the uranium prospectivity. This work has focused on a regional assessment of the various rock units
with some specific work on areas of interest identified from previous work.

Daily traverses have transected the stratigraphy to evaluate the entire package of rocks as multiple
prospective sandstone units are present. This prospecting work has been complemented by the use of a
spectrometer to detect the radiation produced from the decay of uranium. Rock samples are being submitted to a laboratory facility in Alice Springs for analysis and results are pending.

The only other thing I can add is PKR has a common tie (Jay Stephenson) to NCO (which I hold).
 

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On May 18th, 2015, Parker Resources Limited (PKR) changed its name and ASX code to Ensurance Ltd (ENA).
 

springhill

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Reading back to my previous post 4 years ago, I did not ever purchase PKR.

However, I have recently taken a piece of ENA.

I feel that some tolerance to risk has entered the marketplace, rightly or wrongly.

Attached is Esurance Ltd's latest significant announcement related to activities.
 

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So_Cynical

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Interesting, will have a look into this.

Was it a reverse T/O ?
 

springhill

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Announcement out today.

ENSURANCE EXPANDS MARKET REACH THROUGH WHITE LABEL AGREEMENT WITH ASX LISTED FINANCIAL SERVICES COMPANY N1 HOLDINGS

• Ensurance secures agreement with ASX-listed N1 Holdings Ltd which has $1B loan applications lodged.
• Agreement is to Whitelabel Ensurances' online general insurance platform to provide domestic insurance to N1’s comparison website.
• N1 specialises in Financial Services for the Chinese speaking community and operates an online comparison website for mortgage and car loan products.
• The partnership will not only further extend Ensurance’s reach into the local market but provides another possible international market.
• Ensurance is expecting to add more white label partners in the near term.
 

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