JPR 0.00% 2.7¢ jupiter energy limited

balls up...or not..., page-19

  1. 15,788 Posts.
    The biofuels asset is worth zero without the finance.

    The govt has issued 52 licences, so its hardly a unique asset.

    On top of that, they wont actually have a licence if they cant get the money raised fairly quickly as the govt has sais it will satrt to cancel licences.

    The case for a zero value is reasonably strong.
 
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