Member Info for Roxi

Will be put on the back burner at least until near year end ,

will wait until results are announced before committing any more cash ,

Great result on 900 meters of net pay, bad on the overrun costs, drilling rig cost must be extortionate in AUS , could drill 4 wells for that price in other parts of the world, i was expecting around $10 overrun but $30???, bit steep,

still sounds very promising if they can achieve around 4,000 bpd and more importantly, they can reduce the costs significantly, and can keep the payback to 16 months, it will be worth the investment,

i am surprised they never factored in some overrun costs????? especially in that part of the world where we know they encounter weather situations

this will obviously impact the financial position come the results update at the end of the month , its a good job they have AKATARA exceeding performance

Must be getting close to completion, i think the initial planned costs have been increased, my thoughts are it will be around $75 million, as the planned timings were extended by a couple of weeks, and unfortunately, we have to pick up the rental for this period, due to weather hindering planned start date.

this of course will push the payback period out a couple of months, though much will depend on the flow rates????,

time to chill with a few cold beers ☀️☀️☀️, its HOT!!!

JSE Looks to be in a great position, even in a low oil environment, with AKATARA providing a great source of solid incoming cash,

im expecting Brent to fall during August to around $65 when SA turn on the taps,

it will serve more than one purpose, hopefully it will reduce the revenue Russia obtains on its financing of the war ,

be interesting if we see another million shares or so traded today, have a great weekend everyone, its going to be very hot

This finally moving upwards, been a long time coming,

Must be getting busy again in Australia,

4 job vacancies showing on Linkdin

Thank you for the update Sea7, yes its been pretty obvious these past few weeks, and months that there have been large sellers in the background,

some funds have been turning away from oil stocks altogether,

its no wonder JSE in particular has seen its share price decimated, even when the numbers will look pretty decent when the half year results are results, debt will be down massively, imo and capex cost will be slashed in 2026 , i hope the Company hold back on share buybacks and build up the cash position to at least £75 million before buying back

the big driver in the SP will of course be the Vietnam asset come the FID , i think the Company have been talking to suitors /partners in preparation of the FID , its a really huge Gas Asset for JSE currently to take on, on its own

i think Petro-Vietnam would be the ideal partner?

anyhow the only positive i take regarding the Sp is that if you believe that the Company will turn the corner this year it's an ideal time to continue to buy and hold for the long term

One Huge positive is Tyrus continue to hold and add, they have invested multi million into JSE and will want a decent return in the near future

Patience as always !!!!

$70 Brent seems to be the new norm at the minute, Trump happy that Gas prices are low in the USA , so he is probably content that $70 is about right

JSE should be making decent profits, at these levels

Nice to a steady stream of buys today, long may it continue

looking forward to the weeks and months ahead

I agree there has been a large seller sitting in the background for quite a while, hence the depressed Sp, eventually they will have cleared the sells, and we can move on,

hopefully our other appointed broker is working in the background generating interest from other funds/parties that can take up those that want out. and we can get back to some kind of realistic valuation over the coming months

meanwhile i keep adding when i can, next buy end of month, 😁

Trump has reversed his decision to send weapons to Ukraine

Nice to see some decent early buying, news must be getting very close now,

Brent been pretty steady around $69, with JSE premium prices and hedging in place until September we should be on target to clear debt this year, imo

will the buybacks start in the 2nd half???

Had a decent Top Up, today in anticipation of a successful drilling update over the coming days

one more at just under 21p , so very happy with those additions

Should hear something from the drilling progress , must be close to completion,

Meanwhile AKATARA producing excellent free cash on a monthly basis, think its around $8 million per month, we will soon reach the first 12 months of cash from AKATARA, over the next 12 months we will have recovered the initial investment of over $120 million

we will see from the 6 monthly report the debt position will have reduced drastically the end of year asset report on the valuation will have jumped from £1.02 to around £1.50 imo maybe higher.

GLA LTH Keep the faith, and the SP will recover over the next 6 months, imo much faster if the Vietnam Gas FID is passed

Santiago, have you not embarrassed yourself enough here??

Have the LSE got the Directors holding wrong, surely the 4.4 million shares were bought by TYRUS and not the personnel holding of Gunter as LSE show on Director's holdings below?

be nice f he did hold 9 million shares, but unlikely, imo

TYRUS, have absolute confidence in the BOD and the Company plans going forward,

expecting the big news from Vietnam in the coming weeks,

that should help restore the SP back to the glory days, imo

All helps to bring their average investment price down, only another 24 Million and they are in take over territory

its no wonder Tyrus pushing for buybacks?

this Friday we should get the news if this is going to get approval and maybe an update on the drilling progress ?

Could be a great time to be selling a large parcel of oil

As Israel strike raises fear of all-out war in the middle east