management fails again, page-22

Slampoil, all I can say to that is wow. Just wow. Triple the amount you say? 37m is too much? So what, JKA are worth 12.3m to you? Ahh, might I point out they've farmed down their 30% interest in the Odewayne block to 15% for 15m, 12 of which is released as progress is made. So you value the company purely on cash? Heck even at 1/2 that's still valuing them at $18.5m, when surely you'd put a value on Odewayne at $15m... The only issue with JKA is the short term need for funds to hold them through until they get more cash back and can start to have their prospects pay off. Lets not forget they paid $16m for Aje about 2 years ago, which is 10.5mmbls of proven commercial oil. I think you are like a large portion of people here, looking about as far as the end of their nose and that's it... Come on people, do your research before you make yourself look like you know squat about anything....