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13.6% 2.5¢ jupiter energy limited

Ann: Update on development of L-T gas utilisation infrastructure, page-19

  1. chadhuncho
    805 Posts.
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    20/06/24
    17:11
    Post #: 74412378
    What is the next milestone? Increased production? And realistically what would they sell the oilfields for?
    I honestly believe they have no real other option but to sell the entire project given the conditions which suppress the oil price in the region. Unless JPR can find a way to sell oil internationally, they won't be making a lot of money and have plenty of debt to repay. Easier to find a buyer for a large sum, wipe the debt, give a return to shareholders, and then start again in a more friendly region.
    JPR Price at posting: 2.4¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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