comparing companies with cash flow and JKA suggests to me you are posting on the wrong thread. JKA is right down the bottom of the exploration value curve, so any success is accompanied with high risk, but also potentially a high return. chances of a random success are extremely low. you are relying on management to use their skills to find decent ground and build good JV relationships. if they fail to do either they wont make that 1000% return we're after. and you can guarantee JKA will never pay a dividend.
buy JKA shares if you think they will / don't buy JKA shares if you think they wont. from what i can see they've got management with a track record. but yes, it all depends on their next well coming in. if it does it could bounce, if its a duster it will flop. if they flop just offset it against other gains and move on.
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