JKA 0.00% 0.3¢ jacka resources limited

Two reasons:1) It is not their call, they are not the operator...

  1. 658 Posts.
    lightbulb Created with Sketch. 52
    Two reasons:

    1) It is not their call, they are not the operator and more importantly -

    2) You can't just call it quits, they still have to plug and abandon the well and then demobilize the drilling rig. If the assumed calculation is correct then they currently don't have the money to do this.
 
watchlist Created with Sketch. Add JKA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.