Australian (ASX) Stock Market Forum

GRL - Gawler Resources

YOUNG_TRADER said:
Just had another look, it definitely involves both EXR and GRL, both ann are exactly the same and where released 1 minute apart, what I can' figure out is who will be doing what,

As I've said it could be a farm in, or JV over certain projects,

It may even be a takeover,

EXR would probably be the dominating party though, so GRL the target or reciever? Thoughts ? ? ? ?
Is there a relationship with the recent exchange of interests between GRL and AUT. AUT now has an interest in GRL and seats on the board.?
 
Just had another look, it definitely involves both EXR and GRL, both ann are exactly the same and where released 1 minute apart, what I can' figure out is who will be doing what,

As I've said it could be a farm in, or JV over certain projects,

It may even be a takeover,

EXR would probably be the dominating party though, so GRL the target or reciever? Thoughts ? ? ? ?

Merging with EXR,

Will create a very interesting Oil and Gas play to be honest,

GRL's HighIsland will provide the cash flow while
EXR's UK prospects will provided the 10 Bagger leverage,

But now those U licences in the N.T. near Angela and Pamela as well as the other Mineral licences seem like a mis-fit, perhaps a spin-off into a new entity?
 
Merging with EXR,

Will create a very interesting Oil and Gas play to be honest,

GRL's HighIsland will provide the cash flow while
EXR's UK prospects will provided the 10 Bagger leverage,

But now those U licences in the N.T. near Angela and Pamela as well as the other Mineral licences seem like a mis-fit, perhaps a spin-off into a new entity?

Holly molly, this is a truly "1+1=11" if they have a uranium spin-off. Unfortunately, I own neither of them.
 
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