JKA jacka resources limited

From Carnarvon to JKA., page-5

  1. 1,669 Posts.
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    Someone like FAR would just swallow us, and the upside we know there is on our projects will never be seen by JKA holders.

    Hoping for a merger of equals, someone like Azonto would be a good match in my view. Create an undervalued company worth around $30m-$40m at current valuations but with 2 near term production assets. Between the 2 they could be producing 2500-3000 boepd within 18-24 months which would generate more cash in a year than what the combined 2 companies are worth now.
 
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