JKA jacka resources limited
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mrposhman,Does your cash flow model assume either reducing...

  1. FiendishRedbeard
    9,111 Posts.
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    28/05/13
    22:46
    Post #: 11820293

    mrposhman,

    Does your cash flow model assume either reducing interest in their remaining assests or a heavily dilutive placement? For their business model a few $M is not enough if the current well is not a success. Lowest risk option is to hit the market again for cash before flowrates.

    JKA Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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