With Waterford taking up the 55% share shortfall they will own...

With Waterford taking up the 55% share shortfall they will own about 27.6% of JPR.

With the under subscription announcement now out of the way there should be a series of announcements next week outlining the way ahead.

J51 should spud soon to comply with the JPR work program and production details of J50 should also be known; expect a kick in the sp as the day traders return.

I would not expect any news on the AIM listing until the two new directors, appointed by Waterford, take their seats at the Board table and the results of J51 are to hand.