Pretty much. I really don't think that even if the sale for MXO falls through, JKA will get Aje back. MXO will move heaven and earth to make that cash call because Aje is a valuable asset.
JKA has no other realistic prospects apart from Aje. Not sure what you mean by at what POO do other wells become viable. All they have is a liability to plug Hammamet West 3 which I doubt they can afford. That liability is the problem.
JKA Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
