JPR jupiter energy limited
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cash burning

  1. monksta
    2,072 Posts.
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    15/06/10
    09:27
    Post #: 6802760
    In reference to a comment made about "cash is burning away", it was estimated that $3m would be spent this qtr. We had $1.8m left from the last qtr and raised &4.5m in the CR. This leaves (after paying Biscra portion) just under 3m for the next well J51 does it not? How much will it cost to get that up and flowing? With money now coming in from J50 and hopefully NWZ2 this well should be on it's way with no immediate CR as some have poked at.
    JPR Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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