1. Flow test again. Require ~$2m in funding, probably look to extend bridge loan facility with view of bride loan being repaid via an asset sale. (cant see them tapping the market but depends on whether they can get access to additional funds through a loan facility)
2. P&A HW3. Funding doesn't become as big an issue. Wait for a asset sale to be completed im assuming it will bring in $10m (-2 for debt). Look to potentially sell HW3 depending on COE sales process and move forward with Aje, Somaliland and Rhuhu
Sales options 1. Partial sale Somalialand 50% for $10m would be a great outcome 2. Aje see through value US$13m 3. Tunisia (will take a while but definitely has value)
JKA Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
