Significant Update31 Jul 2024 23:21
Superb news today, that after nearly 2-years from a brown site development stage over $100 million dollars of investment, 7.5 million hours worked with not one LTI, a most astonishing!!!, result,
Gas now flowing into the regional Gas pipeline in Sumatra, though a nice steady volume at the moment, this will be ramped up over the coming days. as the processing plant goes through its paces.
With the AKATARA plant now completed, the payback starts tomorrow, the first two years will offer the best returns to the bottom line, then Gas flows for the next ten years, at least will add significantly to the cash flows for JSE and its shareholders,
the Mcap hasn't responded yet, but it will!!!!, JSE AKATARA asset is worth more than current Mcap,
Thats all i need to know, i shall keep adding on the lows, 30p levels and under and build my position towards the 1 million holding over time.
now we can plan the Vietnam Gas Production Facility which is MASSIVE!!! along with an extra holding in CWLH , will Chevron sell their stake to us this year??? a near 50% holding of a near 1