I thought that too Valetta, however, it does say in the quarterly, and I've also looked back at the initial farmout announcement, that it says they will cover ALL costs until the end of the exploration period. You would think there would be a clause in there, that if they exceed the PSC requirements that JKA would need to front up some cash but that's not what the announcements say.
I suppose we have at least a year before we will find out being as the seismic has been delayed due to security issues.
JKA Price at posting:
7.1¢ Sentiment: LT Buy Disclosure: Held