WRL washington resources limited

NTU has gone ballistic today. Currently $1.15 p/s and a full...

  1. 2,257 Posts.


    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


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.