London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Well said Kalan
More patience needed as always scoredagain. The pull back in the shsre price is natural. Everyone had pent up buys they wanted to make but couldn't so the sp shot up. A drift back was inevitable without news. 95% installation takes some effort. The last 5% always takes more effort and time than you think. The fundamentals look good. The sentiment isn't there yet.
Last few days HAD BUYS AT 25/28 PLUS just thought jse was turning a corner . LETS HOPE GOOD NEWS on april 29th all loans agreed and gas plant 99 percent ready
Just look at i3e, they produce 20kboepd with around 65% is gas.
JSE has over 15kbopd of OIL and both companies have same mkt cap.
JSE is cheap hope in the next few weeks this finally rerates
Akatara will likely be in production in June.
On current mkt cap and price of oil jse is very cheap. Interested to know what production was for q1.
11 weeks since any Akatara news. With Blakeley's recent track record, if there was good news to impart, he would have done so. Over the last 22 months he has spent any residual goodwill he had, and earned $4m in the process.
How do you know that Roxi i think you may be guessing My money is on the 29th a week on Monday
We will see how AKATARA has progressed this week, lets hope the rainy season has abated, and conditions have improved,
Mkt cap 147m.
What an absolute bargain here...
Potential cup and handle, 'if' it flattens off here and stays around 26p for a few days could be good sign/signal for the next move up
if you believe in that sort of thing WTFDIK🤷🏻♂️
The main gas-bearing reservoirs in the Akatara field are the UTAF-B formations, which were deposited in shoreface to foreshore marine environments and are expected to be laterally continuous across the field. The range of porosity and permeability in the UTAF reservoirs is 17-28 % and ~120-9,610 mD respectively.The Akatara gas field has been independently estimated to contain a 2C gross resource (pre local government back-in right) of 63.74 bscf of sales gas, 2.45 mm bbls of condensate and 5.64 mm boe of LPG, equating to a combined 18.7 mm boe of gross resource.1On 1 December 2021, Jadestone announced that it had signed a gas sales agreement (“GSA”) for the Akatara field with PT Pelayanan Listrik Nasional Batam as buyer. The key terms of the Akatara GSA are detailed below:Daily contract quantity (“DCQ”) of 20.5 BBtu/d commencing in H1 2024Gas price of US$5.60/mmBtuAnnual take-or-pay quantity set at 90% of the adjusted annual contract quantityMaximum daily quantity set at 110% of DCQThe Company anticipates that the Akatara gas field will deliver a gross plateau production of approximately 6.1 kboe/d, based on an estimated gas production rate of 18.8 mmscf/d gas (gross), plus associated condensate and LPG, for a duration of seven years.1 Based on an independent review of contingent resources by ERCE, an independent qualified reserves auditor, dated 17 March 2021.
Payday for me tomorrow so a few more to add to my ISA at a bargain price.
Making hay whilst the sunshines
Production: 20,000 - 23,000 boe/d, a c.55% increase on 2023 at the midpoint. FROM JAN 2024 TRADING UPDATE .So if gas comes on we be up to 30000bopd approx ? IF SO income be well over 2 million daily
Gas plant ready WITHIN THE MONTH .. ADDED just over 28 thats ok if she drifts will add more
76 days since last Akatara update, 75 days left in Q2 for Blakeley to deliver on his promises.
Its interesting Ptal has mkt cap of 450m while this has mkt cap of 150m. JSE are producing over 15kbopd at the moment.
Massive potential here, once Akatara is online i wonder where sp will be?
We will get newsflow before 29th.
Looks like we are stuck here until the market knows whats going on,news flow has dried up recently we may have to wait until the 29th,hopefully not.
I have the same average after being caught out at 37p.
I have the same average Roxi after being caught out at 36p
In a couple of weeks, should see Paul coming to the Market with growing confidence that we have turned the corner and JSE will soon be cash positive end of year, with some great assets now bringing in heaps of cash going forward .
Looking
i cant buy anymore until end of the month, but in any case, i have a decent holding now at a very good average 31p after my last few buys last week
Will be my add on TO START
30p becoming a hard nut to crack
Yes it would be nice to have another bite at CWLH
We should hear something soon about the RBL redetermination, taking Stag out of the equation and replacing it with a far more reliable and quality asset the CWLH which we now own 33% should give the banks much more confidence of increasing the RBL available to JSE if we need to purchase another asset or develop our huge Vietnam gas prospect,
looking forward to the weeks ahead!!!!
plenty of news to come over the next few weeks
ISA allowance al used up, happy to see how JSE performs this year