Member Info for NicetoMichu

Thanks for other AIM name tips. Instead of reciprocating with any other fav. AIM name of mine around now, I'm comfortable just offering back:

At anywhere around this price, this is one of the favourites for further topping up in my - approx 25 name - AIM p/f around now/into new tax year:

A 2026 high mid price of v approx 1.15p versus now v approx .77 p mid is an approx. one third fall 'ere.. and that feels well over done by most any definition to me... ie not just fundamentals basis, but macro comparative basis too:

eg versus an AIM fall from year peak of v approx 15 p/c and copper fall from year peak of of v approx 10 p/c (happy to stand corrected on any figures as figured v quickly just now)

imho & dyor

By a distance, yours is my post of the month here, realist_abroad....thanks for making me laugh out loud!

Even including Iran war AIM market melt, what's on the 26/27 'orizon 'ere has me pretty shocked that this is available to buy this late Friday market for under .80 p ..

And towards doing my small bit/putting my money where my mouth is etc, to help, I've small topped up 200k shares just now.

(For context, I though the recent 1.10p ish s/s was non stretching, versus the assets/production pipeline 'ere.. and I still think 1.5p to 2p s/p range is doable 'ere whenever further out in 2026.. )

imho & dyor

The key potential meaningful share price appreciation drivers here are still very much 'in play', and on a relatively short term time horizon too.... eg Receivables pay down plan, Chad etc compensation.. - and I believe these are much more 2026 bottom line important than Niger licences renewal (which. for - imho - very good reason save.l management have been extremely slow to commit to implementation on).

So I'm fine remaining patient here.

Extreme droopiness?!

I'm fine with keeping rock solid faith here, as I'm reasonably confident this s/p will stiffen up soon enough. And maybe even a hard rally to come in due course too!

I'll second that Deeko, and also finally get to tick up a post from Charlie!

These guys have their noses so deep in the trough it's ridiculous. Their number one objective seems to be to get themselves as rich as possible as quickly AND easily as possible.

Ouch..

You may well be right codejunkie, hopefully.

But so much s£*t happens so often with this stock for so many years that's I've moved well beyond annoyance and sadness to realms of the hilarious....

to the extent the word circus is first thing that comes to my mind on the - rare - occasions I think about my holding in Landore.

PS No surprise/worries if the 'gang' here get this post removed.. as have happened to some other of my previous posts here.. all part of the circus

Charlie throws any semblance of balance out of the the window, towards talking his own agenda/book, almost every single post.

He's so basically blatant about it that it's blindingly obvious, at least.

PS Also see page 34 of just updated Corporate Presentation pack (link RNS'd this morning)

I cut and paste some contents from that page here .. but format way clearer in pack and some parts have not pasted across at all eg the blended forward hedged oil prices for q1 and q2 and q3 26.. etc..

ACTIVE RISK MANAGEMENT THROUGH HEDGING AND LIQUIDITY FOCUS

Note: (1) Hedging schedule per 11.03.2026

Commodity Price Hedging Treasury

Reduced market risk through

active risk management, combined

with a robust financial position

✓ Jadestone has a very active risk management

culture with commodity, FX and interest rate

exposure continuously being monitored and

managed where applicable

✓ No exotic hedging products

✓ Strong focus on liquidity with monthly

cashflow forecasting

✓ Material assurance of cost recovery from

PSCs in Malaysia and Indonesia

✓ Projects will only be sanctioned where they

are fully funded for downside outturns

• The Group’s hedging policy is a key component of its

financial risk management framework, balancing

operational protection and market volatility while

maintaining oil price exposure

• Current group policy allows for 20 – 70% of oil

production to be hedged, in compliance with RBL terms

• Current hedge book extends through to September 2026

• Rolling hedging strategy adopted to maintain flexibility

and mitigate oil price volatility

• Cash and bank balances held in the currency of likely

future capital expenditures to minimize the impact of FX

fluctuations, with majority being held in US$

Insurance

• Bespoke insurance package from reputable insurance

companies

• Insurance covering property damage, operator’s extra

expense, third party liabilities (payout per occurrence),

FPSO protection and indemnity, and business

interruption

Hedge incrementally.?!.. including a tranche at 80$ dec futures .. and plenty of other tranches at various futures price points taken out across a number of weeks / months .. giving a 'good' blended average price across a significant amount of forward production hedged ?

(towards hedging our hedging bets, so to speak :-))

My request is that Charlie, even once, offers something positives about jse.l here, please.

(That absolutely doesn't stop him from having an overall negative - or very negative even - opinion here.. but could add some credibility to him being perceived an intelligent/worth listening to poster)

Excellent news and I'm very pleased with ongoing progress here!

I think 1.5p 'ere is doable off the back of Silverking short term anticipation/progress - alongside ongoing general metals bullishness - So 1.5p + arrives 'ere in coming few months, my GUESS ('ere's 'oping Ben 'Owell)

Caveat: There might well - continue to - be punchy enough s/p retraces along whatever path - 'opefully - upwards 'ere..... so that's not to say smoothly there... or that this doesn't retrace back off 1.5p ish somewhat decently if/when it were to get there.

(while significantly more finger in air than afore, my end year forecast 'ere would be 2.5 p+.... but I'd be disappointed if Ben 'Owell doesn't note back that I didn't say which year!)

A great forward hedging opportunity - via futures sell contracts at plenty elevated prices versus their more recent previous history - is a bottom line enhancement thing that stands out a lot to me here/now?

Alas, I'm no expert on how an oil & gas producer CFO works with a broker to forward sell future production ( ICE Brent Futures of Equivalents on other exchanges) but I'd welcome anyone with knowledge of this space elaborating more than my amateur thoughts here please?

Generally, on a quick glance thru more recent RNS's, I find:

Including hedges placed in early 2026, the Group has hedged ~1.7 million barrels of oil and condensate production over the nine months ending 30 September 2026, at an average Brent price of US$67.48/bbl (excluding asset-specific premiums or discounts).

o Current hedged volumes represent ~42% of forecast oil and condensate production over the nine months ending 30 September 2026.

So it seems to me that there is still plenty of opportunity to add additional hedges around now to bring the average hedged price decently to considerably up for 26 .. and also hedge some nicely further into the future too?

(Obviously how much extra hedging for when is at the discretion of JSE management .. with judgement and luck a pretty big thing in this .. but current and futures prices are well up around now versus the tranche/s of hedging done recently/semi recently previously.. and so its about a decent or good - or very good even degree - of bottom line enhancement - versus pre Iran war forecasts - that can be achieved thru 26 and beyond via futures sell contracts they're entering into the week, month, few months.. etc.. ? )

Brent heading towards mid 80's - USD p/b - now and this punk small ticking down this morning ...ouch..

But, as ever, I'm fine with remaining patient here; although granted that I'm somewhat surprised that this is not moving back towards 25p - at least - now.... (And so defo. a fair shout from Roxi that this is unloved) A pity.. but JSE's bottom line will absolutely be enhanced as this war plays out.. and value usually outs in the end....

( and I'm open to topping up here in new ISA year in April )

imho & dyor

Too early to have a view on that imho Mr Zap.

PS The earliest view I have on him - after that impressive Roast interview - is that he has a lot less appetite for bulls++t than Mr Colin Bird does. (Which is very refreshing to me)

My guess is JSE will get to forward hedge a bunch of oil in the 80 to 90 $ range now..

That would be very good news indeed for the bottom line here.

imho & dyor

Gutted I didn't get the 'wouldn't want to be out of this over the w/e' in ahead of Ben 'owell.

It was there for the taking for me.... but I was sleeping on the job.

'ere's 'oping, Ben 'Owell, 'ere's 'oping

Is that you 'oovering these - formerly doggies now - puppies up Ben 'owell?!

'ere's 'oping, Ben 'owell

(for a strong rally this arbo... this rest of quarter.. ..and this year)