JPR 6.67% 2.8¢ jupiter energy limited

jpr's boat set to sail ?, page-9

  1. 12,735 Posts.
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    "Jupiter prices eased 1.5c to finish at 28c yesterday."

    That was from a news article on the jpr website from 3 years ago just before they announced the kazik oil deal.
    Shares on issue at the time was 235m.
    Matket cap at the time at about $65m.

    No more waiting now.
    Millions spent on the perit and drilling and now for the results.
    As GG said at the time,if you want serious money out of the UK you need production.

    If they have production they will not need that money with $24m available from the options if the news is positive.
    Instead of being a dilution the options could have a positive influence as well as future funding would be assured.
    Still think the buying of late and the 4m on bid would be from other companies and not instos as the would grasp the relevance more quickly.
 
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