Hi All
Here are the facts. JKA has script of only 460 million shares. There is $2.7 million in the bank and no major call on funds in the near future. A $3.7 million liquid investment in MXO with significant exploration upside and multimillion dollar earning potential from the Aje field offshore Nigeria. A 5% free carry on a big oil prospect in Somaliland. 100% of the large highly prospective Ruhuhu basin in Tanzania and 15% of a JV with the excellent company Dragon Oil offshore Tunisia. All this in an stock with a market cap of 2.3 million?
Crazy.
Regards,
Chilloutman
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Hi All Here are the facts. JKA has script of only 460 million...
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