JKA 0.00% 0.3¢ jacka resources limited

I reckon they will need tops $2.5m for drilling Aje-5 and...

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    I reckon they will need tops $2.5m for drilling Aje-5 and completing Aje-4 for production. Thats a gross cost of around $50m which should be feasible if they get a good rig. Afren have drilled their well on the block next door (Ogo-1) fairly quickly (sure this is not a horizontal producer) so drilling producers will take longer but if they get a good rig, I wouldn/t think would need more than $50m gross to get the EPS up and running.
 
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