We don't know how JRL plan to monetize the resource if it comes to that, given they wont be miners in their own right.
I would suggest something substantial needs to be left on the table for those that do buy or mine the resource.
A lump sum sale, partnering ,free carried, float their US company as a pure US based miner seeking investors. I wish I knew.
We may get an idea of what the resource maybe worth soon, but what it is worth to us is not likely to be clear until the pathway and method to commercializing it is laid out.
Ann: Trading Halt, page-12
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Last
26.5¢ |
Change
0.020(8.16%) |
Mkt cap ! $18.91M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 26.5¢ | 24.5¢ | $2.235K | 9.123K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 2335 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| JLL (ASX) Chart |