They are both spending too much time in that river in Africa, DENIAL. LOL !!
JKA need cash and have assets, a cap raising for them at 7c discounted would be shite.
TPT have cash but need more assets so pay JKA over rack rate, @ 11.2c. saves them a dismal cap raising and creates a new mid tier oiler with cash and assets.
Any hint of striking oil and the big end of town will be all over this like a chubby kid over a cup cake.
They should do there sums and see it for what it is, A BLOODY GOOD DEAL.
Bring it on, good luck to all
TPT Price at posting:
22.5¢ Sentiment: ST Buy Disclosure: Held