JKA jacka resources limited

re entry into thw3l, page-3

  1. 288 Posts.
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    Interesting Stuart Spence talked about suspending the well rather than P&A.

    Whilst I expect that JKA have a cash flow issue coming off this well , in the event of production the expenditure will be cost recoveable from production under the PSC. JKA has a contingent asset.

    The question is whether you realise the value through production or the sale of the asset.
 
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