JKA 0.00% 0.3¢ jacka resources limited

Ann: Trading Halt , page-22

  1. 2,631 Posts.
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    the way i see things is

    PVD
    ~30 mil in cash after cap raising
    great assets
    strong price performance, popular with investors

    TPT
    ~20 mil in cash
    one good asset in morocco
    poor price performance, not popular with investors

    JKA
    bugger all cash, financially-stressed
    great asset in somaliland
    exciting early stage asset in tanzania

    i think pvd are in the best position to get value from any deal and can afford to work on their terms. tpt also have cash but are under pressure from investors to create some value and expand the portfolio. jacka have some interseting assets but are kind of fighting for survival and are in the worst position to get value from a deal

    no offense to holders, just the way i see things.
 
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