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Will be in London now, i would imagine he will be here for a couple of days, probably calling in on Analysts /Investors etc,
should be interesting if Malcy can catch up with him over the next day or so, before he jets back to sign off a deal with Woodside???
if we dont proceed with assets from woodside, then 2025 we can move the Vietnam assets forward.
Plenty of upside from current SP, ive now got a few pound ready to top up the ISA in the new tax year, so hopefully we can stay suspended till then, another few weeks!!!!
Fingers crossed for some good news
Its in the last RNS, it is usually then uploaded to YouTube, so hopefully by the end of the week we should hear how wear progressing.
There's not an update as such but there's a Jadestone Investor evening in London tomorrow evening with PB in attendance. Malcys also doing an interview with him tomorrow.
Roxi - where did you see that theres an investor update on the 12th (tomorrow). I cant see anything on the JSE site
Not forgetting we have to be the preferred bidder its a big hurdle imo
Our CEO is attending the SHARE investor talk, im sure Paul will have plenty to say on how JSE is fast becoming a Mid-Tier producer, 2024 should and will, imo become a transformational year for JSE long suffering shareholders,
we now have a diversified asset base of good production facilities, with more to come on stream,
Don't be surprised if by the mid year we are a 50,000 Bpde plus production Company,
i am looking forward to the talk being uploaded for all to see and hear Pauls comments,
Have a great weekend,
No news till next week then!!
Opening back up attract investment into its oil and gas developments,
New Zealand awards first new oil and gas block in years
Will JSE ever go back there????, Paul did say , never say never
Just looked at the long term chart and we are 1p off the all time low so all being well we should move up from here
Hope so last year wasnt pretty
Tom. Paul has put us in "STEALTH MODE" 2024 going to be a great year for JSE , imo
we should find out more next week
At least we will get to know whats going on next Tuesday,news in short supply these days
Happy to sit around and wait. The longer this goes on, the more chance that Jadestone progresses Akatara and decisions around Vietnam. Less opportunity for the market to manipulate us down.
really frustrating this was pulled down so much ahead of being suspended, more ground to make back up but oh well! Lots go good news on the horizon.
Not expecting any update on AKATARA , it normally 3rd week into the following month, although with Paul doing an investor update on the 12th , they may release it end of week, alongside any other news, so lets see what Friday/Monday brings??
The reverse takeover deal, which is in discussion, may take a little while longer, no rush, if you're in your in.
Tell me about it! It’s been closed for a while now. Hopeful that when it opens the sp will be rising high
The gas project must be close to completion they usually to updates on early week so hopefully one tomorrow or its going to be next week
The auction is taking a long time ,surely they are near the end of the bidding,lets clear the air
Breaking into the $84 price range, early march liftings being carried out, the extra cash helps to cover the ongoing costs at Montara, Stag operations, over 20,000 Bpd !!!!
He cannot update at the shares event without first informing the market. Which suggests an RNS or 2 before this event. Let’s hope!
On the flip side oil is at a 4 month high up 3%
I feel the same i think we are jumping the gun here, im sure the other bidders are in a stronger position than us,they will rns us soon enough when the bids are done.Just hope they dont bid over the top thats all
It will have no impact on your share count or anything like that. They have to suspend as the assets they are taking over are larger in value than the current Mcap under RTO rules. Your shares are still your shares just at whatever value they are worth when the shares are no longer suspended. There won't be any shares in other companies or more shares in your account or anything like that. The market cap will change either through debt or dilution but your personal share count won't.
I went through a similar thing with Rockrose several years ago. They suspended and took over a larger company. Everyone had the same share count when suspension was over but the company was worth a lot more. Suspended at about 815p and opened up several months later at 1,800p.
What we ideally want is to be preferred bidder and hopefully get a bit of a bargain. I think it'll be funded with debt if we do and the market cap rise or fall will be determined on the debt level or other conditions. Personally I don't hold much hope that we are the preferred bidder.
Your shares will stay where they are, in your ISA. There's no need to worry on that front.
AKATARA , now entering the final stages of tie ins etc, i think Paul may present the next Update at the London shares event,
hoping he may have some news on the transformational deal also,
Meanwhile Brent remains above $80, and all is well!!!!!
Have a great weekend JSE shareholders