tpt to takeover jka at 11.2c per share, page-99

i agree, it could loiter around these prices for a while, could be a few people chasing a quick buck are selling out after realizing this.
If cairn hit next door we will see interest, and the merger will probably happen.
but if they blow the dust, i doubt they will get 90%

if no deal we might need some of Poshmans accounting wizardry.


I still think we have a few placement holders that bought in at 8c and they will be happy to get out of this at anything above 10.. so i doubt the brokers are going to try push the sp up and get the deal done.


only real short term catalysts (before Christmas) are updated Hammamet-west contingent resources and Morocco sign off.