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With another huge buy at the end it seems clear to me price is being held down to mates rates to facilitate these huge buys going through recently
Just popped over $84 so we should be getting around $86/$87 for all the oil unhedged
JSE should be doing very weel ATM
Another week closer to the end of May, getting really close to the start-up of the Gas Processing Facility
will we get an update this week??
Gas price of US$5.60/mmBtu
Roxi
What price will they get per mcf in akatara?
30mmcfd is decent production. They wpuldnt have invested $100m for nothing..
Short clip ten days ago akatara..Not sure when actually filmed though
hTtps://www.youtube.com/shorts/HU-AG97G2IA
Roxi--so to give your valuation post any value just why do you think JSE is so undervalued as it is generally accepted the current price is where the market sees its value NOW
Akatara Gas Production facility, built for around $100 Million, will produce 6,000 BOEPD for at least 7 years, how much would that be if placed on the open market for sale, ???? certainly more than current $180 Million MCAP of the Company, imo
All other assets currently not even priced into Mcap, that is how crazy cheap JSE is right now!!!!
Have a great weekend everyone, as we progress towards another week to Commercial Gas!!!
Even the 17kbopd is not fully valued into the mkt cap.
Akatara should take it higher..
Completed, as we move much closer to the Gas flows and another 6000 BOE to the bottom line
No Offence Kalan, its all good Banter, it would be good if Charlie boy was there watching the goings on too, mind you he has already been ROGERED! by Paul, and he knows how much it can hurt, lol
he will never forget Paul , or forgive him, it always hurts without the proper lubrication,
We should have plenty in the coming weeks to go around, maybe Charlie will get a new one drilled????
You've opened a can of worms there Kalan. He'd leave his Mrs in a blink, set up home with Blakeley on the Montara FPSO and live happily ever after, if he could.
In rareness to Roxy, these guys are about to add 5 mboed production and have passed through the most capital intensive period wiring construction of the plant. The project is worth multiples of the Mcap.
In the words of CNN ‘strange scenes here in downtown London stock exchange…’ that broker rating is just bizarre
I like your uber positive stance Roxi - if someone told you Paul Blakely was screwing your wife I think you'd say ah well at least she's enjoying herself and she says Paul's doing a really good job.
Lol. Tongue in cheek, no offence intended.
(Tongue in cheek wasn't meant to be a euphemism.)
Once the Gas production starts to flow from AKATARA, we will obviously start generating oil fluids, condensate etc, has the Company got a sales agreement with local off takers for this product? or will it be sold at market prices to the nearest local distributor?
should be quite a lucrative business over the next ten or so years
Cannot say I have ever taken any notice of broker price forecasts - never, really ever seen one that was accurate.
probably worth remembering the this is the same jefferies that upped their price on jadestone by 18% to 140p a share two years ago, then one year later, cut it to 85p
always wonder who actually benefits from these astrology driven prices, that are plucked from the stars.
Lets not forget its still a BUY recommendation!!!, be nice to get an update from Berenberg or Peel Hunt, so we could get an average Buy price?
40p would be a nice starting point, i think they will be changing thier tune in 3 months time, back to 70p, imo
Cuts Jse target to 40p unbelievable tells me someone want cheap shares
Now almost another new week completed and a day closer to first gas production at KATARA, Taking JSE to well over 20,000 BOE per day and further to being cash positive 2025 onwards
Same as previous days left to end of play , some nice chunky buys once again!!!!
There is no obligation to exercise the warrants as soon as they hit the strike price. Tyrus can happily sit on them for ages, wait until the price is far higher and then engage in a cashless exercise.
Maybe , but unwind it will ,Tyrus will want to remain "TOP DOG" in the future growth plans of JSE , they have invested Multi Millions, they obviously have great trust in the BOD, on getting the job done, and turn Jadestone into a cash generating machine for them and us small shareholders will get dragged along for the ride
Said those 50p warrants are going to be trouble. Likely could be stuck for months while Tyrus unwind
Will be the tough nut to crack, as that was the placing price last year, once that is broken then next barrier 50p Tyrus Warrants.
once the good news flows both should be a thing of the past, onwards to Asset value £1 +