JPR has 3 near term announcements that will keep forcing the sp upward
1. NWZ 2 weekly updates
2. Rig tender for Akkar Nth finalised
3. Aqusition of more tenements in K.
We know their is 30 mtrs of net oil pay in NWZ 2
Akkar Nth is a development/apraisal well
I reckon they will farm down a bit of Block 31 for some very oily groung in K
It is for these reasons that I believe 20 cents by x mas is a real possibilty. All depends on NWZ 2 though.
Ann: Jupiter commences NWZ 2 well re entry , page-22
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