Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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To the year ahead as oil prices have rebounded from lows , AKATARA soon to be in production with gas flows already exceeding expectations. , revenue flows from this alone will soon pay down the debt,
Vietnam the next big production uplift , hopefully we will hear some news updates on this in 2024
anyone going to the AGM ??
We all know 2023 was rubbish due to montara shut down, q1 2024 they managed 17kbopd and expect to produce 20kbopd.
Akatara is still on time, before end of q2.
The recovery has begun. Hold on to them..
The report reflects the damage done by Montara and the lower oil price. 16% revenue fall. Akatara plus montara improvements plus new oil income plus increased oil price make JSE a recovery share IMO. 2024 turn around year with 2025 bringing profitability. Holders are in early and at what looks like a cheap price as long as oil price holds up and production comes through as expected. This report marks the low point for profitability. Quietly optimistic for the turn around which is well underway.
Results out, akatara on still expected in q2.
Hopefully this is the year for JSE.
Results out tomorrow, jse is alot stronger than last year.
The results for the first 3 months is what we should be interested in not looking in the rear view mirror,thats past history for me anyway
I think we could all be in for a very nice surprise over the next few days and weeks,
im beginning to wonder why????, we have not had the AKATARA monthly video release,
an early announcement that we are moving to the testing and production run is imminent. imo
Have a great weekend everyone , tune in Monday for some past results update and maybe an update on where we are going over the next few months ahead.
Kalan
But it will be nice to know q1 figures, 2023 figures were around 13kbopd.
This should start to move up.
Thank you kalan,took a punt ,did i read that the gas is a 7 year revenue to the company
Sorry - too late to help but it's results out Monday. Might not be spectacular as the rise in oil prices came after the reporting period. The good news is to come soon with gas project coming online in next month or two on top of increased production and increased selling price for the oil assets. Today's announcement underpins JSE's expansion credentials and has caused a flurry of buyers to take or retake an interset.
Is it wise to buy now
That our credit with the banks is A1, underpins the quality of the Assets JSE have in the portfolio,
Happy weekend, looking forward to Monday , but even mor so to the year ahead!!!!!
THIS has calmed my nerves thats why i added part of my trade pot back . YES cost me but it is what it is . BE nice for monday rns that gas plant ready early june . Good luck most
A run of good news would be most welcome, good start.
Excellent news
ON THAT a few of the ones sold yesterday this settles me
RBL Sorted
Another 6000, odd shares, taking me closer to my goal of owning half a Million of these before the end of the year
Happy days, just need the BOD to deliver the plan= profits in 2025/6/7/8/9 etc
Price been really steady these past few weeks, around $88-$90 dollars , we get premium to that so a pretty solid first quarter earnings in 2024, puts JSE on a trajectory to end 2024 in the money , imo with the extra income soon to be coming from AKATARA we could self fund the Vietnam Project in 2025, imo but be nice to have a RBL fund on the side to take care of further Aqisitions and infill drilling
Have a great weekend everyone
More tomorrow, just a few while its still under 30p was very fortunate that AAL had an offer today, boosted my ISA fund .
Happy days
Brent over 89 dollars again tonight after being negative most of thr day
Smacks of fear here,you have got to be in it to win it
IDIOT behind a computer this is finished now
Tried writing in proper english
FEELS OF HERE WITH THE SELLS of late sold my trading pot kept my long