Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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.
Wheres Rroxi ?
Anyone expecting good news at the end of the month , with current oil prices well up this quarter , I’m sure they will be very confident that by end of year Jadestone will be in cash positive territory
Providing oil stays above $80 , of course
Maybe now they can reach a FID on the huge Vietnam prospect
GLA LTH
IM finished for the day
IN 500K AND 250K BE SOLD THERE LOSS
Yes, good to be reminded of those guidance figures and the current price of oil higher than when we were suspended, nice to see us back trading again.
The Group's 2024 production, operating costs and capital expenditure guidance remain unchanged from the announcement on 15 January 2024:
l Production: 20,000 - 23,000 boe/d, a c.55% increase on 2023 at the midpoint.
20000 BOPD CORRECT ME IF IM WRONG
ON FIRST GAS I SEE 40/50p
Exciting times
Probably not. Needs a day or two to establish a pattern.
Does the RSI modelling work just after suspension?
On 100 atm RSI 90
Yep fat better position now than before it was suspended gla
I had to contact my broker to get trading restarted on the website, but topped up at 26.75. Very undervalued with the progress while suspended.
I’ve taken a decent holding in here , been on sidelines far too long
GLA LTH re-rate due
Oil is $10 more than when this was suspended.
Looks cheap to me.
25P DONT FORGET OIL IS UP GAS PLANT more progress atb
Wonder if they pulled the sale due to the rise in oil? Anyway, here we go 10 minutes.
GLA
Monday 29th April.
It does seem that after all the Montara trials JSE are at an inflection point. Happening whilst the share is suspended might give us a chance to top up whilst others are unaware of the transformation going on.
Kalan,
you can be sure that JSE is in a far better position since we suspended, oil has increased by over $10 per barrel since then,
with JSE producing around 20,000 Bpd that's a lot of cash generation, add on the premium prices from some of our assets, and we will be paying of our debts faster than expected.
Paul said we will be cash positive in early 2025, i reckon we will be cash positive in 2024.
The deal being looked at could delay that though if we go for it, however it may be just too big to pass on
just think in a couple of months we could be producing around 50,000 Bpd and in a high oil price environment, what that will do for the share value is anyone's guess. certainly, won't be 23p.
I wonder if Anvio have been approached again???? will they have the appetite? greed is a funny thing and I'm sure Anvio management will be looking at the options available?
Keep posting Roxi - feeling positive on the restart - no idea when it will be obviously but each month with elevated oil price has to help the cash position. Each month moves Akatara onwards towards more cash generation. It would be nice to top up now but it is what it is. I have no real opinion either way on the reverse takeover. The company is focussed on growth, as a share holder I'm focussed on cash flow firstly and then increasing profit which leads to higher share price. The size of the company doesn't bother me so much although it does provide resilience.