JKA 0.00% 0.3¢ jacka resources limited

Big difference with Africa Hydro, they cased the well bore, so...

  1. 89 Posts.
    Big difference with Africa Hydro, they cased the well bore, so structurally it will hold.

    Cooper have not cased (??) … and I believe the Abiod is a chalky “mud” stone and prone to collapsing …which will not help all the blockages we are getting.

    Either way, we are still facing a heavily discounted share placing now. Jacka probably needs $7m …. and if at $0.04, that means 35% of the company is gone.

    We might have some good geologists in Jacka … but we have a monkey in charge of finance. Question is, who is the monkey …. who is this person dictating decisions?
 
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Currently unlisted public company.

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