Interesting developments and this might explain why the stock couldn't breakout despite promising technical indicators
JKA do have great assets
Merger would make sense but as pointed out by merging you give away your leveraged exposure as you effectively dilute
Personally I think they should try sell the Aje field and cash up and then try focus on acquiring more manageable exploration ground like the Ruhuhu project onshore Tanzania
FAR has become what its become by chasing high impact exploration projects not trying to develop a production scenario from an existing field but that's just my thoughts
JKA Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held
