Therefore the capital needed for JPR would be 50m - 13m (the two wells so far - production testing not included)= $37m. Now if the otions can be coverted, then thats 24m. So $13m needs to be raised. Most likely they will ask for $20m over the next couple of yrs. This is best case.
Therefore the capital needed for JPR would be 50m - 13m (the two...
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Mkt cap ! $31.86M | |||
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