JPR 0.00% 3.1¢ jupiter energy limited

reality check, page-2

  1. 5,674 Posts.
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    I would unfortunately have to say that the Pursuit capital process is no different to any other posting on this website. They project a derisked value of 33c. Well you have have a flowing well - However the value of it must by its nature be based upon how much oil you get out of it per day at a point it isn't viable. I am not suggesting that this is the case but in reality you can have a gold deposit but its range of values are totally determined by its cost of extraction and how quickly you can extract.

    Sorry but to expect us not to express views when we await definitive results is expecting a bit much. Much of any argument is in fact based upon your view of the glass is it half full or half empty and in which direction is it heading.

    If it has a value of 33c why could you not go and borrow to buy up the shares. having a resource does not mean you can access it viably or profitably.
 
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