I'll also be taking up the offer of 1 share for every 8 held,...

I'll also be taking up the offer of 1 share for every 8 held, and possibly the option as well.

I only hope the way forward is clearly defined by the end of May, which assets jka keep, what is sold off or jv's are put in place.

it is a frustrating situation to be in as all the assets are worth keeping, and companies like coe, dragon, genel, sterling, afren etc all are aware of jka's predicament, and would be expecting to pay a fraction of their worth.

geologically Somaliland must be a hold, aje are close to production, so income bearing, ruhuhu long way down the track, bargou and hw3 history tells us piss poor partner in coe and structure is unstable, so for what its worth my preference would be to offload bargou, hw3 and ruhuhu and concentrate on aje and Somaliland.

all will be revealed soon.