Member Info for Charlie156

I'm cautious Roxi, whereas you continually post misleading nonsense. 6.6 pence dividend for 2024, 90% of output is hedged, plucking numbers out of the sky with no accompanying research.

Read on another forum that the 40,000 production on December 9 might include 5000 barrels in the OCP pilot. River levels at Manaus rising everyday, but barges might not be fully loaded yet.

Roxi's posts should come with a mandatory caveat, 'Can seriously damage your health and wealth'.

It works out at just shy of 8,000bpd, so the percentage is dependent on production. I see there was an incident on the Stag platform at the end of October that has been reported to NOPSEMA. Emphasises how JSE need to be squeaky clean for the next 6 months, with a lower oil price leaving even less room for mishaps.

BP could be having a buyback rest for a few days, they're ahead of where they should be. They will start up again before the DRIP kicks in, £4.50 might an opportunity on the horizon.

The 8.18 trade was mine, and was a buy. Last week in November production was 20,000 barrels a day, if they maintain that in December the yearly average of 14,000 will be reached. Good to see a couple of 34,000 days.

Simon, your correct. With a sizeable capitalized development spend to be depreciated over 3 years, aligned with a collapse in revenue, the prognosis is terminal .

Roxi, in future could you limit yourself to one exclamation mark per post, it's doing my head in.

Roxi, it sounds like you think your prediction of a 6.6 pence per share dividend for shareholders in 2024 might be a bit conservative. If you keep making daft comments like that, they'll never let you out of your padded cell. In a year's time we'll see how that pans out.

JSE need to produce half a dozen of these RNS's on the bounce to restore confidence and an upward trajectory in the share price. The PM infill program is going well and shareholders are getting more bang for their buck than with the Stag infill. Blakeley said the water cut will soon kick in, but it is a pleasant change to read good news on JSE. I won't be getting carried away, my investment scars here run deep.

Closed in Canada up 2 cents at 88c, which considering it went XD yesterday and the yearly high is 89c, is reassuring. Bizarre the markets in the same share can be so distorted. Huge volume in Canada, average day's trades 353k, today 13.1m.

Price unchanged in Canada now 86c. Big volume, it's an opportunity to sell there, or buy here.

Price in Canada 85c, down 1 cent, big disconnect with the AIM price.

I've always thought Auchincloss would be a considerable upgrade on Looney. With Auchincloss playing a key role in reining in Looney and slowing down its retreat from O&G, he's listening to shareholders. If he gets the job, he might tweak those numbers again, which the market will like. BP is firing on all cylinders presently, with the exception of offshore wind, where everyone is hurting. I'm on board with its integrated energy strategy and see Auchincloss as the man to deliver that. With a 4.7% dividend and 7% buyback in the last 12 months, considerable value is being created, which might not be reflected in today's share price, but which the market will recognise at some point.

Market likes the deal, endorsing its integrated energy strategy. Can't argue with the numbers, valuing the business at £508m, with a FY22 EBITDA of £287m and debt of £1.5bn.

Not sure what the incoming oil man from Texas is going to make of that. They'll probably round up a posse of similar minded investors from here like Theaky and Happy, and come out all guns blazing.

Roxi, I won't be adding to my holding here. Three months since Montara restarted with no mishaps, the market continues to be wary over JSE. 15 months of abject management have left JSE with very little credit in the bank. Buying a further share of CWLH has put further pressure on cash flow. The end of June 24 investors will know where they stand, until then patience and prayer.

Roxi, you said you expect JSE to pay a dividend of 6.6 pence in 24, costing $46m, and a special dividend in 25. Considering that in their history as a plc they have paid out 4.2 cents totalling $19.6m, that fully shows your investor credentials.

Biggest one day increase today in the water level at Manaus since Jan 30 this year.

Investors who normally take their dividend in shares might want to jump the gun and get those shares now.