Hi Mowibble, good pointsA lot more things become possible if...

Hi Mowibble, good points
A lot more things become possible if NWZ#2 well flows as expected.
Under that scenario, 10c sp (that you suggest) wouldn't surprise me either, and with options cash flowing in its all good.

I guess my point is more about how JPR will manage the risk (of possible failure) prior to the well re entry.
Lots of juniors make a habit of raising cash as interest/sp builds prior to a significant drilling program.
It gives them some funds to fight another day if things don't work out.
With JPR's debt, and no guarantee of success, they must be thinking about it as a prudent measure.