The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Only a matter of time.
There must be many sniffing around the likes of GKP and GENEL
On its way to 300 pence again.
January payment announcement due imminently which should be a gross payment of at least $20m
Dividend upcoming.
Oil pumping consistently.
Self funded for upcoming increase in production.
Very cheap!
Buys coming in at 90p
Way too low
We have 25m commercial oil
£20m cash roughly?
It may not have been the result we wanted but Verbier project is still commercially viable. Don't forget that.
RNS - "It is JOG's view that the Verbier oil discovery remains commercially viable at 25 mambo and we look forward to evaluating potential future development options, including the potential to develop the Verbier discovery as part of a wider area development plan"
Do not be silly.
News will come when it comes and a 1 share code is not going to dictate that.
Anyway, I am feeling cautiously optimistic here. No news is good news in my book. They are well over one month into the drill and any bad news we would have heard by now.
I will go for middle range estimates of apron 69mbo and anything above is a bonus. That will see JOG at 500p a share.
Am I right in saying cash currently is 58p?
The share price is 29p
Big gap in value
Look at the similar trades repeated
It is not small numbers buying either, its chunky ones.
250 pence more than a possible by close
240 pence broken
5000 share buy at 239 pence
A close of 250 pence or above would be a nice start to the weekend.
All buys. Is it someone buying in batches or something more?
Either way Jersey is undervalued.
It has been a long time coming but I think we will see some giant rewards soon.
It is a windy day in the UK.
But the wind is firmly in GKP sails.
Leak?
Over reaction here.
We are yet to reach target depth.....
Jay Cheatham, CEO of Pantheon, said:
"Whilst initial data for Winx-1 is disappointing, more petrophysical work is necessary to determine the viability of the upper horizons, and we are yet to reach the deeper target."
I didn't explain myself correctly.
Why have the intention of trading again from Tuesday when we will not have gone through Torok and maybe not even Nanushuk?
This announcement will be Seabee related and likely early oil shows in my opinion.
Surely latest trading halt on ASX is because they have found hydrocarbons?
My reason being is the asx announcement it says,
1. The trading halt has been requested pending the release of drilling results;
2. The trading halt should be until the release of the announcement by the Company, expected to be no later than market pre-open Tuesday, 5 March 2019; and
We probably would not have entered Torok by then or barely Nanushuk so why intention to start trading before that.
To me I am leaning towards that they have found early traces of hydrocarbons in Seebea. The results will be subject to ongoing analysis before released to market. We will find out very soon today on LSE or first thing tonight on ASX I think.
Alaska Oil & Gas
@alaskaoilandgas
Winx-1 in Alaska shows early signs of commercial discovery as drill goes deeper
--------
hmmm not exactly an official account.
4p now paid.