Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
In time Tom, this time next year hopefully we will be over that line, getting past 45p-50p will take time , as Tyrus have warrants set at 50p , but im sure they will take them as we move into a higher production ratio once Akatara on stream,
Nice increase on the back of the update, copied from the other place?
Analysts at Peel Hunt, however, point out that this still amounts to a 45 per cent year-on-year increase. The broker duly reiterated its 60p target price.
Think we could easily see that target hit this year, its a fairly modest price , sit back and wait for the Akatara gas to flow in a couple of months
Again, historic results with nothing new to report, the figures were nothing to write home about as expected with impairments to boot. Also, guidance for this year was trimmed due to the weather which clearly took the sting out of the share price.
But the webcast was understandably positive, there is much to be positive about with Akatara imminent and the numbers from there can only go one way. So I think that they will beat the guidance and as Paul Blakeley said, Jadestone is moving back onto the front foot but for now it’s all about delivery.
Nice to see the director's who put in healthy chunks at 45p
A. Paul Blakeley 336,311 $188,000
Bert-Jaap Dijkstra 71,556 $40,000
Dennis McShane 178,889 $100,000
Iain McLaren 22,222 $12,000
Robert Lambert 111,269 $62,000
Cedric Fontenit 333,333 $186,000
Lisa Stewart 178,889 $100,000
David Neuhauser 447,222 $ 250,000
Jenifer Thien 89,444 $50,000
It will be in their interest to get the Sp up much higher than it is at the moment.
Very well covered in 2024, The STAG oil premium over$15 per barrels, puts the selling price around $105 dollars per barrel.
with a new drill planned later this will generate a decent amount of free cash going forward
JSE not for widows orphans or Charlie boys !!! everyone else can pile in
The most important statement today, says it all , imo
"With stronger oil prices so far this year and our production growing, we expect 2024 to deliver a much better outcome, with the recent March 2024 RBL redetermination setting a borrowing base of US$200 million for the next two quarters, more than double the predicted lending capacity for this period only a year ago and underpinning near-term liquidity".
The banks fully support the Company and its ambitions going forward,
with over 100 Million 2c resources THE ASSET VALUE multiples of present Mcap
Very Strong buy!!!!!imo ill be adding more over the coming weeks
To a much more confident and uplifting CEO as he lays down the plans for 2024/5 with a great team of Directors now in place Jadestone will soon become the money Tree, we all wished for , imo
planning to go to AGM June will be a Pivotal period in JSE history
To the year ahead as oil prices have rebounded from lows , AKATARA soon to be in production with gas flows already exceeding expectations. , revenue flows from this alone will soon pay down the debt,
Vietnam the next big production uplift , hopefully we will hear some news updates on this in 2024
anyone going to the AGM ??
Company Builder , superb news today
I think we could all be in for a very nice surprise over the next few days and weeks,
im beginning to wonder why????, we have not had the AKATARA monthly video release,
an early announcement that we are moving to the testing and production run is imminent. imo
Have a great weekend everyone , tune in Monday for some past results update and maybe an update on where we are going over the next few months ahead.