Jadestone Energy Share Price (JSE)

Brent is moving back over $80, as Iran says USA is pressurised into getting a deal done due to its SPR declining so fast they will be out of oil for export before the end of July just as the driving season kicks in

We should hear an update on the Pen Mal drilling in the next week or so, they must be very close to completion,

and i hear we wont be doing a deal with Petro-Vietnam?, so wonder who in the Asian market will come on board and be our partner in getting the FID for the gas field, should have had plenty of interested parties in the DATA room

Hope you all have a great weekend and enjoy the sunshine, been a little set back on the Sp recently, but im sure once news arrives it will stoke up the interest again

Its that time again 🌞🍻🍻

Not sure its hit hard , but creep...

look at the chart, from about 09:20 its almost all buys but no recovery

https://invst.ly/1i76h8

178K sold and 480k bought so far today and yet the SP is sinking.

I can only imagine that there is a large seller in the background dragging it down.

Nail on head - once again- Legache.

But it's consistent in being that way for a long time now.

And my guess is it remains that way for plenty of time to come too.

Back to 27p as I type is somewhat salutary.. but not shocking, at this stage... as for nth time it proves itself frustratingly easily open to falling back punchily from any hard gained half decent rally.

Generally, my aim is to try hard to stick with my fairly punchy - for me - holding here, thru to the medium term...unlikely I'd add more again here, mind.... as, while I'm excited about the future revenue growth prospects here, that's somewhat tempered by me seeing management here as too self servingly greedy

imho & dyor

US-Iran talks in Switzerland abruptly called off, as Israel and Hezbollah trade attacks in Lebanon

looking at weekly chart just ~2.5% of shares traded in 2 weeks and down 16% while over same period oil down 16% ??