They don't get taxed either on oil sold during production testing phase, am i right? I reckon the real action will start just before both wells begin production testing (if J-50 has oil). Not sure I want to hold on to find out what the flow rates will be given they only gave us estimates with no data :S
Yogi predicted a fairly positive January for JPR, but March was looking pretty negative. Although Yogi did also say CTP would be "hot and booming" this week and its currently down still around 14-15c, so not sure about that astro stuff :P
cash position, page-8
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