JPR 0.00% 2.5¢ jupiter energy limited

the boy who cried wolf

  1. 5,373 Posts.
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    The biggest problem here is that so many statements never come to be realised.

    The promise of "farm in" again to create some excitement in the stock with all the prop bidders. Has everyone got such a short memory? Its like gamblers who always forget losses and only remeber a win.

    If the stock is just over the line now and ready to become a producer for certain... do shareholders again get crushed with dillution. Surely debt finance will be easy to get at this point??????????????? Apparently all the risk is gone. Why do a farm in?

    How many times have we heard funding promises with no results? Do you remember the mac bank finance? The farm in last time, the 15 fund managers and again the farm in is back in play.

    I truely question long term wealth creation for shareholders or is it everyone for themselves, including management, inwhich others who follow JPR on HC do not have an issue with (when management sold decayed options which ended worthless).

    Should we use debt finance at this point?

    Love to hear other opinions.
    Gibba
    My opinions only.
 
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