hammermet

I tend to think that current nibbles to sp are due to approach of Hammermet drill in Tunisia Scheduled for Dec 2012

We have two significant partners COE and Dragon oil. I would think we have the competence to do a horizontal drill into what is a 'tight' formation. We need 'only' 12m bbls discovery from estimates of a contingent resource of 110m to be commercial.

We have (maybe just) enough cash to complete Hammermet. I don't see JKA having any problems raising a small amount of cash from PIs if needed. Such a raise would have little effect on sp IMO.

Even though JKA is not a hot stock I believe it is on many watch lists. last couple of days 'strength' is still lacking volume but is very positive.

Tanzania is still a dream IMO.