Member Info for BubbaBubbaBubba

New Ceo appointed i also have never heard of him

Just waiting on side track well results

Vietnam farmout news

And share buybacks

The board seem to be doing a good job this year

We are in the same area but they seem to be so much more clinical than we are wish they would buy us out

Im so jealous off Valeura Energy, every thing they release is good news

We

Opulentia

You dont seem to be factoring in the Vietnam asset and its value, on its own its worth more than the whole of jadestone current market cap

Probably worth $200 to $300 million

Hope they do the same deal tullow did where they can buy back in for free

Vietnam and akatara are the only exciting things about this company

Vietnam could be worth $1 Billion on its own but with Jadestones track record of letting us down, I'd discount that valuation heavily

Side track well news due end of June, capex is more than expected due to 3 cyclones in one season

They said buy back if approved will happen frequently rather than tender offer

Vietnam might have 1.5 tcf of gas which is a very large amount and worth a lot of money

There still basing estimates on $75 brent

If oil drops to $55 to $60 they can still operate normally

The interest on the loans is ridiculous like 10%+

They need to pay that off ASAP

£20 million in share buybacks and spend everything else on full debt repayment

Akatara is the only thing of real value we have its just about putting a value on it

Montara and stag worth probably 150 million together due to how mature they are and decoms

Oil will drop again this week

Hopefully tyrus try and sell the business at 55p or 60p a share

If oil drops to 50 its going to be painful

Should have results this week unless I'm mistaken

I bought more today the share price is sad

Brent up

Time to buy more jadestone

Need to find a way to get debt free

I'm guessing they can't delay this rig cap ex

Oil are 60 is fine we need to hedge everything

The business is cheap now, imagine it at a market cap of £70 million and opec cut supply which will come if oil keeps dropping

I think the company needs to shift towards gas projects rather than oil fields

We need more akatara type deals where they can fix the price with foreign governments who are friendly with foreigners

Hopefully brent oil holds steady between $65 and $70 i wouldn't even mind jadestone hedging again at that price

Going to be alot of asset up for sale over the coming year

Not saying tyrus will try and sell the business but valeura energy is a perfect partner

The company have similar profiles both asian Pacific both 20000 boe

Only difference is that they have a lot of cash and no debt

They could buy us for £300 million with ease and create a power house in the Asian Pacific

50% of

Group’s

planned

2PD

production

Commodity

swap: swap

component

Oct

2023 -

Sep

2025

Weighted

average price

of

US$69.69/bbl

(H1 2023:

US$70.09,

2023:

US$70.51)

We have a lot hedged which is kind of a blessing

Will be buying more when isa window opens

Too much debt imo for it too work

Also the anti monopoly people would probably get involved

Senior finance facility is absolutely brutal, it basically wipes out all of the profitability