JPR 3.33% 3.1¢ jupiter energy limited

I must say I thought the directors report was very informative...

  1. 4,725 Posts.
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    I must say I thought the directors report was very informative and laid out for all to see, exactly what's going to happen over the next few months.

    J-53 testing program running 3 weeks behind schedule. Results due in April.

    Trial production from J-50 & J-52 due to start in April at 600bopd.

    New Reserve report due in Q2

    The next capital raise will be to existing shareholders, so anyone hoping to get shares in a placing will be disappointed and will have to wait until the later larger capital raise. That might force some institutions into either underwritting the rights issue or buying shares now if they want to get a position in Jupiter.

    Exciting times ahead I feel and April looks like the catalyst to move the share price to a new level.

    LOTM
 
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