JKA 0.00% 0.3¢ jacka resources limited

chances of news today, page-31

  1. 6,294 Posts.
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    They weren't a one trick pony, but this well blew away all their cash reserves so they're pretty close to a one trick pony now... so even though they have more tricks, they don't have the cash to chase them.

    JKA looking in serious trouble if COE can't fix this mess. SP now too low to raise equity without massive dilution, so asset sales look the only way out. Hopefully it won't come to that, if COE can fix their stuff ups and solve the LCM problem.
 
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Currently unlisted public company.

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