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the current state of play on JRL with regards to liquid assets and allowing that a corporate advisor has been appointed to EME and it is more likely than not JRL will deliver control of EME to the highest bidder.

EME 33,900,000 @ $1.35 = $45,765,000
EMEO 9,100,000 @ $1.25 = $11,375,000 (intrinsic value)
GTE 2,249,612 @ $0.054 = $121,479
AHR 1,200,000 @ $0.10 = $120,000
ALY 10,000,000 @ $0.09 = $900,000
URA 2,542,000 @ $0.18 = $457,560 (about 1.4c per share)
Cash = $1,936,000

TOTAL = $60,675,039

total shares on issue 31,944,775

so about $1.90/share after the metallurgy on Bigrlyi was released and perhaps a little more to come in the near term with the scoping study mk II.

last trade 90c.

[QUOTE="wolverine, post: 306066, member: 2596"] the current state of play on JRL with regards to liquid assets and allowing that a corporate advisor has been appointed to EME and it is more likely than not JRL will deliver control of EME to the highest bidder. EME 33,900,000 @ $1.35 = $45,765,000 EMEO 9,100,000 @ $1.25 = $11,375,000 (intrinsic value) GTE 2,249,612 @ $0.054 = $121,479 AHR 1,200,000 @ $0.10 = $120,000 ALY 10,000,000 @ $0.09 = $900,000 URA 2,542,000 @ $0.18 = $457,560 (about 1.4c per share) Cash = $1,936,000 TOTAL = $60,675,039 total shares on issue 31,944,775 so about $1.90/share after the metallurgy on Bigrlyi was released and perhaps a little more to come in the near term with the scoping study mk II. last trade 90c. [/QUOTE]

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