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Next week, looking forward to a more positive outlook from Paul, on the update next week, once results are out Directors will be free to buy a few more shares??
they have had a great run on the oil prices of late,
i would like them to do new reserves report this year too once AKATARA up and running
A few more, while sat under £1.10 with cash approaching $100 million in a couple of months GKP is in great shape,
ive written of the past invoices, i wonder if GKP will do the same to get the deal done ???? with SOMO get the pipeline open and start to build the cash and output, we should get a huge re-rate, great for all the stakeholders.
Looks like it could be Pivotal. on setting the scene for oil production out of the Kurdistan region, ?
with the official visit by Erdogan due to commence on Monday, it could send tounges wagging that a potential deal is about to be made,
im sure there will be a trade of between the water and the oil and gas developments to bring both sides closer together,
Tomorrow's trading could be interesting !!!!
Has slipped back a Tad to around $87 , which was expected since the tensions in the middle east have eased somewhat these past few days, and lets hope it remains stable ,
however, JSE penciled in $75 oil as their target price for growth, and cash positive in early 2025,
We are doing much better than that, imo and still receiving a premium for most of our oil production, probably around $90 oil price.
we will get some slight re-traces, but going forward over the next two weeks once the results are out , im pretty confident JSE will break out into the 30p range,
More Patience required, sit back and relax!!!!
In a couple of weeks, should see Paul coming to the Market with growing confidence that we have turned the corner and JSE will soon be cash positive end of year, with some great assets now bringing in heaps of cash going forward .
Looking
i cant buy anymore until end of the month, but in any case, i have a decent holding now at a very good average 31p after my last few buys last week
We should hear something soon about the RBL redetermination, taking Stag out of the equation and replacing it with a far more reliable and quality asset the CWLH which we now own 33% should give the banks much more confidence of increasing the RBL available to JSE if we need to purchase another asset or develop our huge Vietnam gas prospect,
looking forward to the weeks ahead!!!!
plenty of news to come over the next few weeks
ISA allowance al used up, happy to see how JSE performs this year