NTU has gone ballistic today. Currently $1.15 p/s and a full takeover would be highly likely here.
WRL is the value bet for mine.
(WRL) Washington Resources holds 10 million shares in Northern Uranium worth $11.7 million at the moment.
Those shares would be crucial in the event of a takeover by the French, should a bidding war evolve.
WRL also have $4 million in the bank plus the Yarawindah project.
That's OVER $16M value plus existing projects.
The Trading Room has WRL's market cap at around $10M.
There are just 47M shares on issue + 36M (@ .25c conversion) options.
Look forward to seeing how this plays out over time.
wrxsti
NTU has gone ballistic today. Currently $1.15 p/s and a full...
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