KOKO - Chinese interest and T/O is a strong possibility. Would be one of the main reasons why they are trying to get more ground and get 3D data and info built up ASAP in parallel to drilling wells. Working hard to increase the value buy gaining access below value and then proving it up to at least 3D stage. Of course they will go ahead and drill as well but if someone came along and wanted to buy us out at the right price then i am sure this would be put to shareholders. Note that i am not aware of anything on this front but know that it is happening all around Kazakhstan. If you are well positioned like JPR are, then you are in the game.
JPR are recognised in the region now as having an excellent team and skill set. So leveraging off this in other ways is what they are looking at.
Big future ahead for JPR IMHO and this is just the beginning. Will take some patience initially but once it gets going will be worth the wait.
JPR Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
