JKA 0.00% 0.3¢ jacka resources limited

Regarding Cooper (the operator) deciding not to announce...

  1. 89 Posts.

    Regarding Cooper (the operator) deciding not to announce anything (and hence Jacka can’t announce anything) until after the test … naturally its frustrating, but on balance I think they have no choice.

    Dragon Oil is bound to be having a lot of influence on what Cooper does during the test.

    Earlier this week I had a meeting with a geologist / contractor who has done work “with” Dragon over quite a period. He confirmed they are desperate for a 2nd source of production (with their $1b in cash), and right now the best opportunity they have is this block in Tunisia.

    Dragon wants production within 12 months, so a fast deal I think.
 
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