Hi AllThanks to Psi81 and Crows and others for the great posts...

Hi All

Thanks to Psi81 and Crows and others for the great posts on this and the TPT site.

I've been a JKA holder for a number of years now and the reason I bought in was firstly the management and secondly the projects (the small number of shares on issue and the fact that all the directors owned JKA shares were the other factors).

I've been to every meeting for the last 3 years and have spoken with all the directors. During these presentations and discussions it became clear to me that the JKA directors as a team presented very well. Their previous delivery of substantial wealth to holders of Hardman Resources which was taken over at a substantial premium by Tullow Oil, speaks for itself.

The JKA team have again assembled an excellent portfolio of exploration targets with huge potential and have been going along exactly as they did at Hardman. My question is; why in the new TPT/JKA company can't we have the other JKA directors Justyn Wood, Steven Brockhurst, Brett Smith and Richard Aden? These directors seem to be talented people IMO and on their track records may strengthen the ability of the consolidated company to find new projects.

If these directors where to be included in the new company that would at least make me think about voting yes.

My other issue is the panic over JKA funding. In this takeover JKA holders lose slightly more than 50% of their leverage and most of their experienced directors for $16m and a project that knowledgeable posters such as Psi81 think has lots of risk associated with it (thanks Psi81 I've read all the recent posts for NEN, it's not pretty).

JKA holders need to also remember that there are millions coming in from the Sterling buy in to the Somaliland project. Don't forget also that Genel list the Odewayne Block on their own website as having a billion barrel exploration target and the same geology as Yemen. Genel will have to begin serious work on this block sometime in 2014/15 (to be ready to drill by 2016 as required in the JV agreement). So the news flow might be positive for JKA later in 2014 and the SP could react quite positively to this.

IMO JKA holders shouldn't worry if the takeover doesn't get up. We will endure some SP pain first and then get the benefits of exciting exploration work and potential new projects from the JKA team with our leverage intact.

Good luck to all JKA and TPT holders and best wishes for the new year.

Regards,

Chilloutman

The risks are high with O&G stocks, please do your own research or get professional advice before investing.