Member Info for Roxi

$120 in the next couple of weeks, if not next week, imo

some Analysts are saying were headed towards $150

Going to be an exciting time for JSE holders over the next few months, hope you all have a great weekend

The market will take notice when the numbers are out there,

So far we have the license signed of, , next we will see how much will be farmed out and at what price,

Meanwhile were being paid handsomely for our production and getting ready to drill in Malaysia

I wonder if they will be holding the AGM in the Shard, be nice to get a visit there. and take in the views🌇

Brent $112. we have now moved significantly higher,

i might need a new calculation table, $100 Plus oil prices are here for longer than anyone expected , JSE is going to have an exceptional 2026, imo

looking forward to the weeks and months ahead. inflation set to rise, but i can put up with that.

And Justifies all my ramping these past 3-4 years, im now sitting on a decent profit, with loads of upside still to follow

The best comment from Mitch

Beyond the approved development there is significant upside potential within our existing licenses, which, if proven, will position Jadestone as a key contributor to Vietnam's gas supply for decades to come."

Mitch is talking about the 1.5TC that the Company believes to be there.

Ill be even more please once they have partnered up with "PetroVietnam" the state oil and gas Company and we see the numbers which will be out soon enough

Great news for all those long suffering JSE shareholders who have stood firm with the Company

think ill have a small celebration drink tonight 🍾🍾

Brent holding over $100, currently sat just shy of $104

Nice cash boost to JSE as we wait for Vietnam news, and drilling updates on Pen Mal

Have done some rough calculations on what it means to JSE in terms of revenues based on the 14,000 BPD average production oil

starting from the base line of profit oil were we are making profits ie $75 Brent oil price

at $80 brent were making an extra $490,000 per week

at $85 brent $980,000

at $90 brent $1,470,000

at $95 brent $1,960,000

at $100 brent $2,450,000

at $105 brent $2,940,000

at $110 brent $3,430,000

im pretty confident that Brent will stay above $100 for several weeks at least until the end of April even if the war stopped on Monday as it is forecast to take at least 4-6 weeks to stabilise brent

my rough estimate of extra income above $75 Brent for a period of 8 weeks will bring in an extra $20 Million FCF for that period

the cash build will be huge over next few weeks especially as Brent increases over the $100 price as many are saying Brent will rise by $2-3 every day this war goes on lets see how brent reacts next week

Settled above $100. now $103

Could we see $110 opening Monday??? I'm quite happy for it to remain around $100 for next few months, should enable JSE to reduce Debt faster than anticipated

Oil Price still sat at $100.00 seems this could be the new norm, if anything im expecting it to go to $110.00 next week

the strategic oil reserves release, are having no impact on reducing the oil price,

reading the presentation, it looks like they have agreed a gas selling price for the Vietnam F.I.D.

Hope you all have a great weekend.

OIL PRICE back over $100, even after the announced 400million emergency release , which is around 4 days of supply , but this will be dripped fed into the markets over the coming weeks and months, hence the market response to this futile oil release to the markets,

Iran still has the straights blocked and hit another 3 oil ships in the region, i cant see anymore willing to take the risk of sailing through this small corridor.

now the Brent futures are all on the up.

Still Hovering around $90 and now with the straights being mined this will stay higher for a much longer period than Trumps matter of weeks prediction,

Iran is out to beat America into an economic crisis

Meanwhile JSE will be trading stag premium in the mid $90,s with the rest of the production achieving very good profit levels.

Vietnam must be taking longer due to the discussions on the current high gas prices, which have imo, made the case for investment even stronger than before.

when the valuation of those reserves are added to the bottom line it should double the SP immediately.

were all patiently waiting for that announcement to follow any day now, which could come in a mid -day announcement

Still hovering around $93 , Global supplies not totally convinced this war will end anytime soon,

JSE, will be receiving this unexpected revenue influx with open arms.

hope you all have a great day, $100 will return by the end of the week, imo once the market sees that Iran is not giving up the fight

Still $99 even after Trump declares Iran is all but finished and war will end soon, maybe within weeks?

now i know he is deluded, the only thing that will allow the oil price to drop back below $80 anytime soon is when Israel say the war is over and a new peace area can begin.

were weeks if not months away from that call being made, imo

I think im right when i say that the STAG OIL price income we receive benefits from higher premium prices as the oil price goes up,

so in reality we could be receiving $110 dollars when the Brent price is $100 per barrel, that's a hefty mark up and decent profit

G7 go into panic mode, saying they are going to release 400 Million barrels into the market, whilst this may have a temporary halt on the huge spike in the oil price which is now above $100 it means once these reserves have been swallowed up, that card wont be played again anytime soon, hence the longer this war continues there is more chance oil will top $200 over several months

Apparently, the surplus has vanished, with the U.S. lifting some sanctions on Russian crude that will now go to India, but will be nowhere near enough to do much about the global supply squeeze, hence the stockpile release discussion. Even if the G7 and IEA agree to release 400 million barrels of oil, chances are this will not have too marked an effect on prices in the absence of signs that supply will normalize.

JSE earnings will be quite significant over the next earnings period , this could easily move to 70p in 2026 right on the Analyst buy price

Well nice little rise these past few days, even if it did take a war to start the re-rate, at $90 oil price this should be hitting over 50p, imo

the next big news should be very close now, all this rising energy prices, must now make the Vietnam deal very compelling, and hopefully push the Vietnamese government to get this deal signed of sooner rather than later.

hope you all have a great weekend, bring on Monday and $90 oil price, its becoming more of a certainty now,

i noticed the local garages have pushed up the prices, last week diesel £1.41 now £1.62, it hasn't taken them long

I see we still have that 100K blocker, interfering with any rise in the SP,

who would be selling during these high oil prices????

New note, from Goldman Sachs

The all but halted flows via the Strait of Hormuz will deplete oil inventories in advanced economies, prompting a rise in oil prices, Goldman Sachs said on Wednesday as it hiked its second-quarter projections for Brent prices by $10 to $76 per barrel.

The U.S. investment bank also raised significantly the forecast for WTI Crude for the second quarter, expecting the U.S. benchmark price to average $71 per barrel between April and June, up by $9 a barrel compared to the previous projection.

Early on Wednesday in Asian trade, oil prices were about $6-7 per barrel higher than Goldman’s Q2 forecasts, with Brent above $83 and WTI topping $76 per barrel, as the market grapples with the now real supply risk with the stalled tanker traffic via the vital Strait of Hormuz.

“If Hormuz volumes were to remain flat for 5 additional ‌weeks, Brent prices would likely reach $100, a level associated with larger demand destruction to prevent inventories from falling to critically low levels,” Goldman Sachs analysts wrote in a note on Wednesday carried by Reuters.

$100 oil price target if this continues for another couple of weeks, then after the war? settles back to mid $70,s for months?, imo

changes the outlook for JSE significantly , imo

Brent Up!!! $84.00 per Barrel currently, we must begetting close to $90 PB for the premium STAG oil

certainly will bring in meaningful free cash flow

Opec have said they will add 200,000 BPD to help ease the situation, however industry experts say this could take weeks or months to ramp up,

UAE and Saudi would be the main source of the increase on paper, however most of that oil has to transit through the straights of Hormuz,

The challenge for OPEC is will the spare capacity be reached?, many Analyst are doubtful

even if and when this war ends, it will take weeks get the oil flowing again back to pre-war trading

going to be an interesting few days

lets see if the 100K block seller continues to sell into this rising oil price market??

Very strange trading today, with a number of 100K shares keeping the SP in check all day,

either someone wants to keep the SP from rising or Institution selling, ill go with the later, possibly Tyrus working on a Bid, imo

They want it cheap as possible.!!!!

This would make financial sense for Tyrus to launch a bid 25-30p range , imo not sure if it would get through, but they are the largest shareholders, and at some point will want to recoup their losses and maybe take this private as it enters the cash generation stage when VIETNAM kicks off

i wouldn't be surprised , they have millions of Warrants that will be retired this year, so in effect they kept the Company afloat for no payback

it must be the worst investment they have made over the years,