re: Ann: Quarterly Activities and Cashflow Re...
Anyone else a bit disappointed with 1/4? two things for me. 1. We have now been waiting for well over 6 months for Ministers consent in Tanzania. He must be a very busy man. There seems no end in sight to the process.
2. Hammermet drilling has in past been costed at approx $7m to JKA. We now have under $6m in cash. There must be another cap raise prior to Hammermet. I dont know why they did not raise say another $3-$4m last time around.
The question is will we get an sp boost from Tanzania 1st and then do a cap raise or will the cap raise come 1st.
JKA Price at posting:
14.1¢ Sentiment: Hold Disclosure: Held
