There was a reply but doesn't address concerns. For starters, I am unarguably correct that it is a PSC and production is shared with the NOC.
So 17 MMBbls is not correct.
That answer then went on to say analysts use 17 x $10 Bbl to work out a value. Doesn't seem too analytical to me. So where does that leave the $60 MM free cash number?
Surely info should be disclosed so proper numbers can be calculated. For example, can you tell me what the NOC share is? Isn't this a material and critical number? JKA is not alone in not disclosing this to ASX. Question is how is this justified.
JKA Price at posting:
21.4¢ Sentiment: Hold Disclosure: Held
