Member Info for JerseyCrew

Please forgive the typo - it should read SELFLESS not selfish -

Interesting tweets today on the support the company is giving to the local community in helping to rebuild a bridge washed away in heavy rain conditions. Great to see the selfish act of support and no impact on business as usual activities which is an additional plus. The SP range seems to be moving north - even the tin pot platforms ranges have moved it seems from 0.3 / 0.4 to 0.35 /0.45 - all going in the right direction and the POG 2K story is continuing to play its supporting role as well.
ATB

Big day - smelt Monday
Big week - VIP visitors due on site to carry out technical due diligence for the prospective financiers
Big month - processing 24/7 and new generators will reduce power outage times
Big quarter - we should get news on the replacement financing
Big year - if (when!) the finance is in, it should be full steam ahead to complete the strategic upgrades and move to 24K oz/pa run rate.
Big increases in the MRE JORC compliant resource numbers will hit at some future date - its in the ground and waiting to be discovered. We have had a taster via the new high grades found at Killi - just scraping the surface.
Big movements in the POG forecast over the next few years and the SP will follow the substantial increase in sentiment when the news starts to break and break and break.
Is this a big ramp? I don't believe so - ramping is trying to create an artificial termporary increase in the SP. I think the SP and MC is just undervalued / unloved at the moment. Do your own research and decide for yourself. For balance one of the unknowns is the prospectus and the question of potential diluition but we know the company are working on this. As it's Easter - what comes first the chicken or the egg - the prospectus or the funding? If the funding is non dilutive and based on forward selling gold, the prospectus should have little correlation surely? Feel free to correct me.
Have a great Easter Monday.

Long term hold for me Nubi
ATB

I mentioned the other day that I was surprised that the company were so quiet on Twitter - not any longer...
https://twitter.com/hashtag/GreaterBuchanArea?src=hashtag_click

This is most certainly not a gloat but I’m wondering if some are muttering oh bugger …. and buying back in after selling earlier?

Looking at the latest SP movement it seems like the world isn’t going to end this week after all …..always a relief.

Can't help but feel that the rapid rises seen over the last few days were the result of FOMO and traders and we are seeing the other side of the coin this morning as the herd try and beat each other to liquidate for the next best thing. The thing is though that for me we were moving towards a realistic price and once the froth is blown off the top from the trading activity, investors will move the SP onwards and upwards again. Its a long term play for the big rewards for me.

Hi Suggins. As we have seen the interims were delivered on time and I understand that the incoming CFO has the Holdings filing in hand. Good spot though mate - you are all over this.

CrudeTrader - did you read beyond the first paragraph?

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, is pleased to announce that it has agreed to farm-out a 50% interest in the Greater Buchan Area ("GBA") licences to NEO Energy ("NEO").

Game on!

Thanks for taking the trouble Ben - this is certainly a stock to watch so glad you have it on your radar. I know it's an incredibly small MC but it's not on AIM it has a full LSE listing. Do you do interviews? Maybe reach out to Robbie McCrae - you never know - he loves to spread the Caracal word and we should have some very exciting months coming up in the life of this fledgling company with huge growth aspirations.

My post from 2018 on major shareholders at the time....

Schroder Investment Management Ltd. 2,227,287 10.2%
Hargreaves Lansdown Stockbrokers Ltd. 1,698,000 7.78%
Legal & General Investment Management Ltd. 1,500,000 6.87%
ICBC Standard Bank Plc 1,184,000 5.42%
Ronald Lansdell 925,000 4.24%
SVM Asset Management Ltd. 900,454 4.13%
AXA Investment Managers UK Ltd. 788,000 3.61%
City Financial Investment Co. Ltd. 750,000 3.44%
Andrew Benitz 627,142 2.87%
HSBC Global Asset Management (UK) Ltd. 521,000 2.39%

With only 22M shares in issue, when the results that we expect come in, shares will be in short supply....
GLA

There is a timely reminder on Twitter from the company that the expansion plan numbers published in Dec 2022 were based on POG at 1700 for 3 months and thereafter 1650 for the 10 year life of mine - POG currently 2025 and plenty of analysts out there forecasting potential to get to 3K over the next 2 years.
Next set of VIPs due in on Monday - no Bank Holidays for this company.

Interesting that the company doesn't use Twitter more than it does - presumably they don't feel the need and / or they are just too busy in negotiating the Farm Out deal.

On a positive note -what a positive start today to the SP.
Positive - my word for the day.
ATB

I think that bar the other day was 188oz but maybe they just had an exceptional pour that day. We know that they are heading towards 500tpd and at that the engine is still in first gear - get the funding in place andmove towards 24k pa and for giggles let’s say gross profit 700 usd per oz - equals usd 16.8m / 13.4 sterling - but we know gold is going north so pick a figure. At the moment the MC is priced in at Robbie not getting the funding- personally I think the market is wrong. Thd smart money is looking to gold and financial backers know this. Unproven explorers are one thing - Caracal has JORC reserves of 1.3 m Oz and targeting more. Do your research and get your calculator out.

So using those numbers that equates to £13.45M GP roughly and our current MC is circa £7M....
Mmmmmmmmmm........I know that NP is another number but mmmmmmmmmm

I recommend watching this interview - if you dare. Non company specific but if the predictions come true, the world is in for a very rocky ride...https://www.youtube.com/watch?v=1BZl0CpYtDQ&feature=youtu.be
It does feature a potential outlook for gold - 3K within the next 2 years.
POG currently 2020