With the capital raising out of the way and the shortfall shares allocated and now trading, the way seems clear for Jupiter to get on with drilling wells and doing deals and attracting some attention from internationally based fund managers.
Kazakhstan is a very oily place and much more appreciated in the UK and Europe for its potential than in Australia. Gander has his critics and we have been among them in the past but he has certainly got off his butt and made things happen as Jupiter takes off in its new direction.
More than you can say for the likes of K2 Energy, DVM, Rialto, Oil Basins, or Australian Oil Company to name just a few comatose junior oilers.
If the NWZ#2 well delivers the oil that the Soviets apparently found but never produced then they will be off and running. You wouldn't get someone like Thorpe on board for this project and the Akkar N extension well unless he thought there was a good chance of finidng something. In otherwords the team Gander has put together are not likely to have had the wool pulled over their eyes.
Gander knows how to move a stock so don't be surprised if we now see a slew of announcements about possible new deals, farm ins, funding proposals etc
Reminds me very much of how Oilex got a lift from being listed on the UK Aim and attracting support there. Good it happen again for Jupiter?
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