JPR 0.00% 2.6¢ jupiter energy limited

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  1. 7,746 Posts.
    "One thing about them they know how to make money. If they are directors of this company they will make sure its going to make returns, otherwise they would not be in the game"

    How long do you expect it to take them to recoup their initial investment?

    The two companies combined, and including the initial placement, two convertible notes, their rights entitlement and finally the underwriting, will probably be owed about $6mil from their investment?

    The two directors should be able to earn $1mil between them. Then throw some consultancy work to "friends". Maybe buy some cheap oil? Sell off some cheap assets?

    Pocket the underwriting fees. I think they will be in profit within 12months. Some performance based shares could help kick things along for them, and perhaps another placement in early 2011.

 
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