so the combined entity would have:
$8m cash
$22.5m receivable from farmouts excecuted over the next 12 months
somaliland 2d and 1 drill free carry
morocco 1 drill free carry
Although I would not buy into TPT as is, I think the above leave both companies better off and more importantly for me as a JKA holder, removes the constant concern of funding that has dogged our SP since the HW3 drill.
JKA have great assets
TPT have cash
sounds like a few of my mates' marriages!
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