Member Info for chessman2

Dick,
I assume he means the investment community [is that us and institutional investors?] will be asked for more dosh during the second or third quarters.
I still rate JOG as a great prospect and a snip at the current price level. It is clear that oil will be needed for the next few years and I believe as does our leader Andrew B that a farm out will soon occur!!

Yet another article this morning about about Peak oil demand coming and a lack of supply coming on stream, this time from the Telegraph. Goldman Sachs estimates that 9/10m barrels a day of future supply have vanished and that in normal times a swing of just 1m b/d can flip the market from slump to price spike. Supply from non Opec producers continues to fall.

No wonder our CEO is positive about the future. In the meantime I assume our big buyer has returned and his trades will be published at the end of the day. Or did MMs realise that future demand means the JOG project will be much sought after and that the current price level is absurdly low.

Many thanks for your post Dick and as usual most helpful words from our elder statesman.

All of your previous thoughts are coming to fruition which hopefully lifts your spirits.

I would suggest that trade was a buy from earlier today. All is looking good here.

Jim333 is being proved right as is Dick. Both are long time holders as am I. Much more to come I think during the next few weeks

PC01, yes we are clearly very under valued and I expect the SP to begin with a 3 or 4 in the not too distant future.
On the other hand I could not say that a predator had not started stake building. Either way the future at JOG is extremely bright imo.

I hope Dick is able to look in occasionally as todays rally will surely put a smile on his face and raise his spirits.
We may not be able to reach Dick's value of £43, [was it?] but I do believe we are on the right road.

Please try to remain positive...…tomorrow will be a better day!! Or one day soon before the end of the month; after all the current well could have as many as four wonderful surprises for us.

Ricky, yes it's very interesting that the price has held up despite a wave of selling. Perhaps a large purchase will be disclosed later in the day. Otherwise the explanation is that the market makers are aware of a buyer in the background.

I regard it as good news.

I'm taking the view that higher salaries were awarded and the options granted as they realise the company could soon be taken out.
We all understand, especially Dick, that JOG is worth a hell of a lot more than the current price. However, I cannot help feeling that any bid in the region of £5 per share would probably succeed in the current climate. Why else would there be so many newcomers joining us?

I find it strange that more deals were made on AQSE than on LSE today and can only think that market makers on LSE do not have any stock. Normally AQSE only shows up with a handful of trades at most.
If correct we only need a strong buyer on LSE for the SP to jump. I'm very confident that 2021 will be our year!

Always good to read your input DU. I'm a confident and firm holder of JOG and also believe the SP will in due course begin with a 2. Not 22p but 200p plus followed by even more!
The way things are looking we could have an interesting few months next year. The big question is when? However such matters have a habit of seeping out so keep a close watch on the market price as that could foretell the answer.

As usual Dick you have found the information that newbies have been wondering about. Many thanks for all your contributions.
Hopefully 2021 will be better health wise for you.

Ignore my last post. It was incorrect as only 10,000 were purchased!

Two buys totalling 1,010,000 shares, by the chairman and his wife, are a show of great confidence in DLAR.

IMO this is a share to continue holding.

With two good buys after 4pm I expect JOG to move higher tomorrow.

It's good to see some steady buying pushing the price up. With the 10,000 buy at 16.13 I see the price moving up again on Monday unless a seller appears. I wonder what has caused the recent steady buying. Is news on the horizon or do more investors realise how undervalued JOG is?

Ken4, 23,566,032 were bought for 119.20 at market close, so another good day tomorrow I think.

Velo, I do believe you've summed BT up perfectly and agree that the SP has much further to travel.

A massive turnover for JOG today and as ajax62 says there were buys for 94p at the end of the day.
I wonder why? Perhaps the news of a farm out is close or we have another big buyer accumulating. We certainly know the true value is a lot higher.
The post by PC01 at 7.37 this morning gives the clues. ajax also pointed out the article here...https://www.petroleum-economist.com/articles/upstream/exploration-production/2020/jog-goes-back-to-the-future.

I think the future is bright!!

Yes best wishes to Dick. I much miss his insights about JOG.

I certainly agree this is a strong buy at the current level.