Member Info for hand-some

Firstly, I am the LTH owning few million shares here.
Secondly, I consider this absolutely terrible update:
- No clarity or just clear up front explanation from the CEO or COO on huge drop in production in Romania which can not be explained juts by around 3% natural decline drop/month
- AGAIN no clear timeline on completion of seismic - do they do project management? do they have ay plans? is contractor bossing them around? surely they should be able to say what their target or milestone is?
- Is a huge drop in production in Romania explained by a facilities maintenance shutdown? IS compression working to stop this decline?
- Same for Sabira pumps. Everything is in place but they still can not give any target dates- Amazingly bad management and reporting here. You are now claiming everything is in place but still you can not say what is at least your expectation of the start or when the rig will be on site?

Update should provide answers and NOT raise so many questions and doubts!!

i dont want it to be..BUT i am afraid its gonna be the same old presentation with same old regurgitated slides...show us some real progress otherwise its going back to 1.7 p level again. Cmon Senx get your act together otherwise please Do Not present the same slides we've seen for past 2 years

excellent flow rates result from SV-31 well and to do this in these circumstances is impressive and better than previous SV wells driled in 2021 and 2020, namely SV-25 well (450 boed) and SV-54 (565 boe). As they were at 2,500 boed this should lift it to 3,250 boed which is bringing it back to respectable levels closer to before the aggression. sp should reflect this and go back up towards mid 30s level. lets now see what they achieve with SV-29 well

They are really ****ing me off now. Consolidation? Share buy back? Like they are trying to do anything EXCEPT doing the work they are paid to do. They seem so incapable. For crying out loud .install ESPs, produce more, finish your seismic processing (how long does that take Serinus!!) and get drilling more..do THIS FIRST and get some results and then worry about share consolidation!!

I bought a lot on the drop before the Russian aggression and now it is back at those levels. I think Russian withdrawal and defeat in the north and opening up of Kiev is a good news for us. I am expecting Quarterly update which is due any day. Hopefully they will announce the increase in production to pre war levels and more importantly progress on all those wells. What happened to SV-29 after all the delayed testing? Have they completed and tested SV-31 and SC-4 wells plus other workovers? Lots of potentially good news here if the access to their assets and the overall situation around their acreage has improved

haha...maybe
another suggestion is Arrow Exploration and their CEO and also their presentations. It's simple and easy if you want and know how to do it

I agree with many comments here but to be fair he was apologetic on many issues and his inability to answer.

What is really bad is that in the Annual Results presentation they again focus and harp on about the retirement of debt and historical production growth. That's great BUT an old news from 2019 /20 - what have you done for me lately? And then they again complain about how the past and their successes are not appreciated - how on earth can he say that?! The worst thing is the fact the they only had one basic bullet point slide about the future plans? Are you kidding me? They couldn't have made Gantt chart with project and key activities schedule for 2022? or they don't want anything to be accountable for?
They were also deceiving with production numbers grouping per 3, 6 and 9 months as this hid huge production drop in last quarter (partially explained by facilities maintenance shutdown). Why not just say it? or why not have a paragraph about 'Post event' such as about current Romanian gas prices they are getting (how much through trading company they set up?) and current cash balance-as Arden indicated it to be around 6M much less than by year end. Even for simple easily planned thing as seismic processing they could not give even approximate dates?! arghh

Well done to Enwell management to be able to restart the production at any level in these horrible circumstances, Share price should have responded to this better!

Hopefully not the dreaded pullback to 1.6 p..go on senx!

At laaast...2.10 ask

you are mentally unstable. go and heal yourself urgently or try putin madness clinic..either way you remain complete moron

its on https://www.youtube.com/watch?v=-EEL2-EZikc from 28th min

Sounds very optimistic for upcoming Columbia wells!

https://www.brrmedia.co.uk/broadcasts/61f7ca1e12956e448c996b23/arrow-exploration-introduction-video/

Where did you get this? Maybe a good sign that we are still alive

I agree with you and that's why, after doing some research and following it for a week or so, I bought 400,000 shares today. The oil price and the upcoming drilling gives it impetus and as you said the CEO's history and credentials are to be respected. Credit to them for growing production so quickly

doing some research and like the company, management, acquisitions and growth. I respect them a lot for paying the very decent dividend.
I am just confused about the debt. They have cash in bank, growing cash flow so why would you need this minimal debt? Sounds like a strange decision by management. How much is this minimal debt and why maintain it and lose money on interest when you have cash etc. for capex and growth?

Let's reiterate again - in last 3 months (Oct. especially) gas prices are at huge and unprecedented level not seen in last 10 years and that has huge impact on JKX revenue that I believe has NOT been reflected yet in its sp. This is despite drop in production as currently (and last 6 months) the impact of this is in my opinion marginal comparing to gas prices growth.

Lets do some simple calculation just for October and just for gas in Russia (assuming quoted $65 per mcm as in last quarterly report) and Ukraine (assume average price for Oct of around $1250 or around UAH 33,000). That gives revenue of around $23.5 Million or GBP 17 Million which is a quarter of market cap in revenue for just one month (excluding oil). And you are telling me all this revenue has been priced in? Even if gas prices drop the potential is huge here based on how much money they are making just in Sep in Oct and sp should be much much higher.

in the report it says that initial agreement was signed to sell Hungarian assets for $3 million and that it should be completed by end 2021. it seems that is pretty much agreed so more cash to add to JKX's existing and growing pile

I am not complaining. I am LTH and have more than 2.5 M shares in this. I am just of different opinion of how they could have done this. This news is good but its confusing to market that is looking for/expecting hard figures like flow rates. Interim results are exactly what they are, concrete results that can be valued. This is good news but indefinite in terms of value until they perforate and gas flows. But I take the point that this is new field so from proof or resources point of view it might make sense to publish it now. Here is hoping for good flow rates and best wishes to all LTH.

this RNS is excellent news but why issue it before the flow rates? I think this half way news confused the markets, better if they waited to announce flow rates, like they did for previous wells.
Even if they are so confident of good flow rates better wait a couple of weeks and then announce it when they have concrete results to which value can be assigned