JPR 36.0% 1.6¢ jupiter energy limited

waterford group - a tough long term investor, page-2

  1. 572 Posts.
    I just noticed that the announcement said:

    "Jupiter has also entered into two Converting Loan Agreements, one with Waterford and a second with Soyuzneftegas Limited (SNG), an unrelated and unassociated party"

    In my previous post:

    http://www.thefreelibrary.com/Sinochem+targets+Syria+with+$878m+Emerald+buy.-a0206410706

    Soyuzneftegas is named as the second largest shareholder, behind Waterford, in Emerald Energy. "Soyuzneftegas became a shareholder after selling its interest in Syria's Block 26 to Emerald"

    Unassociated, but 'holding hands'?.

    Anyway, both companies appear to be long term investors with a history of past multi-bagger holdings :). No wonder the sp is recovering rapidly atm...
 
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