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You all saw the Canadian firm Sagres seeking an equity partner to go ahead and drill.
One commenter posited that if the entire diaspora was solicited to invest US$100, we would have something like $450m. Using a 50% uptake, that gives a reasonable figure of US$250m from JAKAN equity investors...more than enuff to test drill and take it to commercial stage (Where we could pardnah up with Shell/Repsol/Total/PetroBras, etc). Note, this is only for ONE of the set of blocs allocated, ie nothing to do with Finders/Gippsland. So more than one bites at the cherry.
The idea (intuitively more attractive than Air Jamaica as a business), would be for qualified/Trustworthy/experienced Jakans (Geologists/Petro-Engineers/consultants/Investment Bankers and professional Managers with world class experience) to form a consortium to float a NEW company to raise funds in an IPO in Jamaica to partner up with Sagres to take it to the next stage by next March!
How does this sound to you guys? This seems to me to be a way for Jakans to finally and tangibly take a stake in the bounty of Jamaica, instead of automatically farming this out to farriners. Here would be a chance for us to own a piece of the rock that could potentially provide us individually with a windfall and give us a tangible stake in the welfare of Jamaica as a whole and the nascent industry in particular.
I wonder if anyone has started to do with with the same passion as the misguided attempt to "save" Air Jam?? This would be putting our money where our mouth is! Provided of course all the Ts are crossed and the Is dotted, ie prospectus with solid business plan layed out. said company should look to allocate shares on the widest possible scale to encourage BRAD participation (as it would SURELY be oversubscribed if done right). Dont one one man like Butch buying it out. No ONE instituion should ideally own more than say 2%.
Comments please. Time for some gum flapping.
One commenter posited that if the entire diaspora was solicited to invest US$100, we would have something like $450m. Using a 50% uptake, that gives a reasonable figure of US$250m from JAKAN equity investors...more than enuff to test drill and take it to commercial stage (Where we could pardnah up with Shell/Repsol/Total/PetroBras, etc). Note, this is only for ONE of the set of blocs allocated, ie nothing to do with Finders/Gippsland. So more than one bites at the cherry.
The idea (intuitively more attractive than Air Jamaica as a business), would be for qualified/Trustworthy/experienced Jakans (Geologists/Petro-Engineers/consultants/Investment Bankers and professional Managers with world class experience) to form a consortium to float a NEW company to raise funds in an IPO in Jamaica to partner up with Sagres to take it to the next stage by next March!
How does this sound to you guys? This seems to me to be a way for Jakans to finally and tangibly take a stake in the bounty of Jamaica, instead of automatically farming this out to farriners. Here would be a chance for us to own a piece of the rock that could potentially provide us individually with a windfall and give us a tangible stake in the welfare of Jamaica as a whole and the nascent industry in particular.
I wonder if anyone has started to do with with the same passion as the misguided attempt to "save" Air Jam?? This would be putting our money where our mouth is! Provided of course all the Ts are crossed and the Is dotted, ie prospectus with solid business plan layed out. said company should look to allocate shares on the widest possible scale to encourage BRAD participation (as it would SURELY be oversubscribed if done right). Dont one one man like Butch buying it out. No ONE instituion should ideally own more than say 2%.
Comments please. Time for some gum flapping.
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