JKA jacka resources limited

jka in australian financial review yesterday

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    Article in the Australian Financial Review yesterday regarding Jacka.

    The PDF of the article is on the Australian Bauxite Limited website (because the first part of the article is relevant to them)

    Here's the link to the full article:
    http://www.australianbauxite.com.au/Media/050412%20ABZ%20AFR%20'Potash%20could%20return'.pdf


    Here's the section about Jacka Resources:
    ------------------------------------------------

    Australian Financial Review

    05 Apr 2012, by Luke Forrestal

    When investors are looking for
    exploration upside in a junior, the
    address of the acreage and quality
    of the partners counts for a lot. But
    perhaps most crucial is the record
    of discoveries of those at the helm.

    It's unusual to find all those
    factors coming together in a
    minnow, but Jacka Resources seems
    to have the boxes ticked.

    The board is dominated by
    former executives from Hardman
    Resources, whose acreage in
    Uganda and French Guyana has
    yielded discoveries for its acquirer
    Tullow Oil.

    Their expertise is centred in
    Africa, including the east Africa
    region that has rapidly emerged as a
    global oil and gas exploration hot
    spot and has fuelled gains in
    another stock that has caught the
    eye of Blue Sky, Pancontinental Oil
    & Gas.

    Jacka earlier this week picked up
    acreage in Somaliland, which can
    be regarded only as high risk
    despite its geological credentials. Its
    early-stage venture in Tanzania's
    onshore Ruhuhu Basin is also
    strictly wildcat, but plenty of
    discoveries have been made not far
    away.

    Closer is the drilling of the
    Hammamet West 3 appraisal well at
    an existing oil resource off Tunisia
    in the September quarter, led by
    experienced operator Dragon Oil.

    Jacka also has a small stake in a
    joint venture offshore Nigeria,
    where partners include Chevron
    and YEP
 
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