Below the points of this post is a post from i made mid last month - lets see where what's chaged since then.
1. SP
JPR at the time of original post was 3.8c (14/07) - now selling at 5.0c
JPROA however has remained unchanged despite heads increasing 30 odd % in the last few weeks with some interesting flucuations- surely that would make it a JPROA a BUY
2. Re-entry
i am led to believe re-entry is still on track to happen in the very near future with a market ANN expected very shortly
3. Funding
I understand various offers and funding options are still being discussed and i am still of the belief nothing will be announced until after re-entry has taken place. You can draw your own conclusions why JPR wants to hold off.
4. Directors Buys
we have now seen 2 directors increase their holdings significantly leading into the series of events listed below - again, draw your own conclusions why, but again IMO this surely makes JPR/OA BUYS.
the fun is starting to begin - sit tight and enjoy the ride.
timeline of events to keep an eye on.....
Re-entry of NWZ-2 is going to kick off in 3-4 weeks (which is already fully bugeted and funded)
The drill will take about 2 months and you can be sure volume will increase dramatically during this period (my guess is this is why GG jumped on the oppies now - he is expecting big numbers being posted NWZ-2).
It is expected NWZ-2 will be in production before the calender yr is out.
Sometime shrotly after this dig (Oct/Nov) a new well will be targeted in a well known producing field, there is a strong liklihood it will be fully funded by a third party.
This well has the potential of being the BIG one with numbers like 3mmbbls being talked about.
Long story short - sit tight people, the fun is just about to start
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.84M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $2K | 80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 170378 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 27572 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 170378 | 0.025 |
1 | 25000 | 0.018 |
1 | 3056 | 0.016 |
1 | 10000 | 0.010 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 27572 | 1 |
0.032 | 100000 | 1 |
0.038 | 300000 | 1 |
0.045 | 22000 | 1 |
0.049 | 8334 | 1 |
Last trade - 15.29pm 15/08/2024 (20 minute delay) ? |
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