JKA jacka resources limited
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Richrichie,TPT have already recieved the underwriting funds of...

  1. Crows
    1,188 Posts.
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    02/12/13
    14:41
    Post #: 12646381
    Richrichie,
    TPT have already recieved the underwriting funds of around $7m, but also have around $11m coming in once the Moroccan govt signs off of the farm out to GALP. This means they'll soon have $18m in the bank. The sign off is expected shortly so I'm really curious whats the deal here with JKA also having a very similar TH announcement to TPT.. My guess is a JV of 50/50 for the Tanzanian license, where TPT pays for the magnetic survey or something.
    JKA Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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