I am a shareholder of ELL and I notice no one here cares that we will be merging. I know nothing of GNL but I am willing to learn fast as it appears I will be a shareholder of GNL by default.
Just to let you know what you get from ELL in the merger is a few tenements with the best being Clarke River in Qld. This has old historic uranium results up to 2000ppm's. They only got a rig out there now, and first results due late December.
GNL looks okay and I agree with you SB2000 it seems undervalued, but the $3bill M.Cap is way off the mark even looking at your calcs. Do you mean the insitu in ground value maybe $3bill not the M.Cap.
Either way I will do my research but any help by you guys would be grateful. I take it nobody like this director Joe.
Anyway great to be on board as I usually am a long term holder of stocks with potential.
GNL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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