As a new JPR investor I took a few moments to read through the Wiki article on Kazakhstan.
http://en.wikipedia.org/wiki/Kazakhstan
There appear to be enormous organic growth opportunities for "good willed" firms like JPR that are prepared to integrate and reinvest! IF the result of the current drilling program is positive the reinvestment opportunities (in Kazakhstan) for JPR may be huge.
I see lack of downstream capacity as a contraint. It would be nice if either the Government and/or some of the heavies were to invest here.
What a read! Land mass the size of Western Europe, under explored, an educatied population of 16m, low business risk and a lower than expected (perhaps in the yellow zone) political risk.
Yeah ... the funds and the brokers may have an incorrect assessment of risk SO don't expect heavy hitters to rush in (BCC style) prior to a spud. Similarly, there won't be a SP premium on this stock based on the fundumentals.
BUT market ignorance may present huge upsides to longer term JPR holders IMO.
Cheers
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Not investment advice. Do your own research and don't put all your eggs in the one basket.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 52552 | 1.9¢ |
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Price($) | Vol. | No. |
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3.5¢ | 100000 | 1 |
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No. | Vol. | Price($) |
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1 | 52552 | 0.019 |
1 | 300000 | 0.017 |
2 | 64889 | 0.016 |
1 | 100000 | 0.015 |
1 | 10000 | 0.010 |
Price($) | Vol. | No. |
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0.050 | 170000 | 1 |
0.060 | 7000 | 1 |
0.110 | 12400 | 1 |
0.125 | 523000 | 1 |
0.150 | 788890 | 2 |
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