JKA 0.00% 0.3¢ jacka resources limited

jka what does the future hold, page-5

  1. 9,111 Posts.
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    Looks interesting, but problem is imo management have left the company a bit underfunded for the high impact drill, if not successful or technical issues, then cash levels look to be $3-5M? Which would probably result in trading somewhere under 5c. Would like to see a placement done before flow results, assuming positive oil shows through horizontal drilling. Pretty big upside but cash is a concern.
 
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Currently unlisted public company.

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