not if but when..., page-4

astonwong: In JKA's latest investor presentation (February 2012) the chart on page 16 shows an "expected" to spud timing in the MIDDLE of Q3, which would put it around AUGUST 15th... As JKA are not the operator (so little/no direct control on their part about drill start) and as moreover delays in this industry routinely occur, I believe that we shall be hopefully OK with spudding sometime during Q3 or latest in Q4. Do also not forget that Tunisia is just coming out gradually of the Arabian Spring ("Jasmin revolution") experience, which may slow things down a touch. Have noticed this with another stock I am holding, where things are happening really slowly in Tunisia....
All JIMHO, of course. I am mainly looking forward to some good news in East Africa.
wasa