Member Info for JAS78

Expecting £3 plus ready for March

As I say one step at a time!

This week I'd expect

Maybe today but one step at a time

Be nice to close above 1.80 today

Atleast they have the integrity to award them at current market price

Seen AIM companies offer them up with huge discounts, feathering their own nests.

That'll be why it took the full 80 days then

They do have a habit of finding oil, now into UK waters.

Showing up now

Are you unaware JOG has fund raised and diluted?

Even taking that into account, the market is currently valuing Verbier and surrounding acreage at £15M

Seriously undervalued at the moment, large bounce due.

Market cap is about the same as pre dilution

Seismic results due mid December will be interested to see what that provides

Either way Verbier will be drilled around March, and the end of Feb is now only 12 weeks away. Investors will position themselves as that approaches.

Maths on what? Outside market forces has dropped this below 1.70, nothing to do with the Verbier project.

This will bounce up quickly soon enough.

'be greedy when others are fearful'

Back in under 1.75

Problem is 4 months is a lot of drift time on aim

Will bide my time for a large top up.

Has drilling been halted for the investigation?

Not very clear

First time I've seen that officially written, Verbier to begin mid Feb

That's if Bigfoot is spudded next week which doesn't look likely

Will be a March drill I would think.

Yes this Norway drill is pencilled in for 80 days, to shut it down after 35(?) would seem odd. Stat oil are still to start the UK drilling unfortunately as we know Verbier was moved to third in the queue, which in my book means late Feb at best

I have no problem with that, I’m still hoping to collect some more in the current trading range. Though does seem strange JOG still stating Q4, unless they are waiting for official confirmation or there has been a change in the sequence we haven’t been told about.

Still think the 1.75 -1.95 trading range is still in operation for another month atleast, then the real rise will start

Hope so anyway because I want another large top up around £1.80.

I assume they should be able to give a rough estimate on preliminary results on this appraisal, atleast narrow the figures low base to high

Currently valued well below cash and the minimum 25Mbl at the well bore

November now here, time to quietly build a position.

Spudded RN yet?

I think people will be waiting for the end of that drill before loading up. Should be much clearer on the time scales at that point

Looking touch and go Statoil will start their second drill in Q4, let alone Verbier