so the combined entity would have:$8m cash$22.5m receivable from...

so the combined entity would have:
$8m cash
$22.5m receivable from farmouts excecuted over the next 12 months
somaliland 2d and 1 drill free carry
morocco 1 drill free carry

Although I would not buy into TPT as is, I think the above leave both companies better off and more importantly for me as a JKA holder, removes the constant concern of funding that has dogged our SP since the HW3 drill.

JKA have great assets
TPT have cash

sounds like a few of my mates' marriages!