Member Info for maestro1

There is always one.. the infrastructure is getting built wells are being tested, very soon we will be generating revenue from akatara.

Akatara - the expected daily revenue contribution from Gas Condensate and LPG is highly material and, will not only generate a much higher sales price/boe but, considerably more daily revenue than the Nat Gas production.

JSE - 'On 1 December 2021, Jadestone announced that it had signed a gas sales agreement for the Akatara field with PT Pelayanan Listrik Nasional Batam as buyer. The key terms of the Akatara GSA are:

* Daily contract quantity (“DCQâ€￾) of 20.5 BBtu/d commencing in H1 2024

* Gas price of US$5.60/mmBtuAnnual take-or-pay quantity set at 90% of the adjusted annual contract quantity

* Maximum daily quantity set at 110% of DCQ

The Company anticipates that the Akatara gas field will deliver a gross plateau production of approximately 6.1 kboe/d, based on an estimated gas production rate of 18.8 mmscf/d gas (gross), plus associated condensate and LPG, for a duration of seven years.'

So, based on 6.1 kboe/d this equates to:

3.13k boepd - (51.3%) - Nat Gas @ circa $31.5/boe

2.97k boepd - (48.7%) - Condensate @ circa 85% of $Brent price plus, LPG @ circa 80% of $Brent price

AIMHO/DYOR

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We all forget about the condensate. Great consolidation at this level, will see steady move.

Roxi its been 3 days you havent posted..

Jse to the moon.

Good aet goin up mkt cap 140m another of my stock jse with over 17kbopd and mkt cap just 180m.

Hoping jse does what aet is doing...

The funding concern has been going on for over 1 yeaf when they had $10m. Now they raised another $9m.

Will the funding concerns begin again..

After the GM in june and all share settled and overhang cleared this will rise above 2p.

Paul this will not fall below 1p.

Bigslick

What is your average here?

How can you be positive with what they just released in the rns.

Paul cant read.. :)

Nasty placing..

Feel sorry for holders who hold from teens..

Roxi

What price will they get per mcf in akatara?

30mmcfd is decent production. They wpuldnt have invested $100m for nothing..

Even the 17kbopd is not fully valued into the mkt cap.

Akatara should take it higher..

Dont worry sp will go under 1.5p for awhile..

5p will be mkt cap around 25m what do they have to even justify that?

Lifestyle company this is..

They are only producing 2.5mmcfd in 25% share is to moroccan govt.

They need to find bigger gas resource. Lets see if the 50bcf comes in...

Exactly last year they produced around 13kbopd, q1 2024 they produced 17kbopd. So already massive improvement. Adding 70m to mkt cap will add 50% to share price.

They are doing ok, akatara will be up in around 8 weeks.

Charlie

Facts are they are producing over 17kbopd now. Mkt cap is 140m.

Akatara wells are being tested and they have stabilised rates of 30mmcfd, 2023 bad news is out of way. Now the summer recovery.

How much will they get for 1mcf?

We all know 2023 was rubbish due to montara shut down, q1 2024 they managed 17kbopd and expect to produce 20kbopd.

Akatara is still on time, before end of q2.

The recovery has begun. Hold on to them..

Results out, akatara on still expected in q2.

Hopefully this is the year for JSE.

Results out tomorrow, jse is alot stronger than last year.