surely a buy?, page-2

I agree with you Tony but the market couldn't care less what I think lol

Clearly risk off at the minute, which tells you it's all about perception, since nothing's changed with Jacka in the last week or two, except they've received Somaliland govt approval on their venture there.

IF the market gets through the current dilemma and we don't get an almighty plunge, then i would suspect there will be substantial interest in Jacka during 2H 2012 and we will revisit 24c and possibly higher. I'm looking forward to seeing what the appraisal well in Tunisia turns up and govt approval for Tanzania.

JKAO are much more of a risk at the moment but definitely could be worth plenty if the market pulls through.

Just need to remember we will have to raise cash again at some point and we don't want the market to be in the doldrums when that happens.