JKA 0.00% 0.3¢ jacka resources limited

realistically they must sell something , page-11

  1. 1,400 Posts.
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    My thoughts exactly poshman,

    why sell aje, that's so close to production for hammamet which is years away. once you can book resevres and have income you can talk to banks.
    they might divest wa-399 but they wont get much for it.

    Somialiland they could do a deal with a farm in to pay for JKA's share of a second well + cash component. but as i mentioned before sending the PSC back to the government for amendment may not be the best idea, with somaliland/puntland/somalia all fighting over concessions/royalties.

    Tanzania is very early stage exploration, if they got a cash component for the farmin that would be an amazing deal, but pretty unlikely (*crosses fingers*)


    the synergy with afren and OML113 will also bring down capex/ and ongoing production costs
 
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