The Company intends to monetise portfolio assets through farm-out or cash divestment to realise value and improve financial standing. • Significant near term potential sale opportunities for Age and Somaliland blocks to improve the Company’s cash position.
They have spelled it as Age instead of Aje but it's clearly what they are referring to.
They are unlikely to get much up-front cash for Somaliland, that much has been shown before with the previous two farm-outs. Frontier basins are much more commonly divested through work programs.
So that leaves Aje as the only asset that is readily monetisable. As previously discussed JKA's stake should be worth arond $10-15M.
JKA Price at posting:
8.3¢ Sentiment: None Disclosure: Held