Member Info for simonlevert

Apologies- should read Total

https://www-ndtv-com.cdn.ampproject.org/c/s/www.ndtv.com/business/totalenergies-to-buy-25-stake-in-adani-new-industries-ltd-as-part-of-india-hydrogen-deal-3064826/amp/1

Will be 2027 before extra LNG capacity comes on line. Shows the serious money targeting alternative gas to Russia right now.

https://markets.ft.com/data/announce/detail?dockey=600-202206120738BIZWIRE_USPRX____20220612_BW5037-1

Sorry guys, I copied from the CHAR board but this applies equally to us JOG investors. Prices are not falling significantly due to tight supply that will take years to come on stream due to hostile policy towards oil and gas.

I agree with this analysis that a recession is a nailed on certainty but so are high oil and gas prices. Over 40% of all US corn production is now diverted to petrol but because fertiliser costs are out of control that leads to higher Ethanol prices as well. Biden hostility to oil and gas has removed $66bn of investment in US oil and gas - that money isn’t coming back. Similar story in Europe. Looking good for GKP investors as long as this doesn’t cause a deep recession.
https://uk.finance.yahoo.com/video/oil-tapping-strategic-petroleum-reserves-193708326.html?contentType=VIDEO

I agree with this analysis that a recession is a nailed on certainty but so are high oil and gas prices. Over 40% of all US corn production is now diverted to petrol but because fertiliser costs are out of control that leads to higher Ethanol prices as well. Biden hostility to oil and gas has removed $66bn of investment in US oil and gas - that money isn’t coming back. Similar story in Europe. Looking good for CHAR investors as long as this doesn’t cause a deep recession.
https://uk.finance.yahoo.com/video/oil-tapping-strategic-petroleum-reserves-193708326.html?contentType=VIDEO

I agree with this analysis that a recession is a nailed on certainty but so are high oil and gas prices. Over 40% of all US corn production is now diverted to petrol but because fertiliser costs are out of control that leads to higher Ethanol prices as well. Biden hostility to oil and gas has removed $66bn of investment in US oil and gas - that money isn’t coming back. Similar story in Europe. Looking good for CHAR investors as long as this doesn’t cause a deep recession.
https://uk.finance.yahoo.com/video/oil-tapping-strategic-petroleum-reserves-193708326.html?contentType=VIDEO

The most important point is the exercise price of 230p
I’ve taken part, as an employee, in these kinds of option incentive schemes before. The employees will have an opinion that the probability of making money on a 230p strike is very high - otherwise it literally is NOT an incentive. I was really surprised (pleasantly) with how high the strike price has been set.

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces that, on 29 April 2022, it granted options over, in aggregate, 990,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") to directors, senior management and employees at an exercise price of 230 pence per Ordinary Share (the "Options"), being the middle market closing price on 29 April 2022, the latest practicable date prior to this announcement.

Whilst on holiday a month ago I met, by chance, with head of investor relations and corporate development a Canadian investment company specialist in mining. He was on a mining course at Falmouth university. We chatted about juniors and a couple of stocks. I wonder if you can guess the only name he mentioned as a “well funded” prospect?

SHC - not a panic statement - my holding currently valued at around £102,000. But I have investment management experience - so always good to look at risk/reward. I also work in business research around energy - so I listen to senior people who manage gas portfolios and those who are deciding how much money and in which Green Hydrogen and Ammonia projects to invest. We also talk to folks making huge investments in solar and wind. I’m the first to agree that oil and gas will be profitable for years to come but don’t assume that the Chinese and Western economies will just take higher prices without reacting.

A few other downside risks to consider;

1. China boosts domestic coal, oil and gas production to decrease imports and soften oil and gas prices. Linked to this is the record Chinese investment in solar and wind in 2021 and aggressive expansion into nuclear. https://uk.finance.yahoo.com/news/china-coal-gas-boom-may-021810143.html

2. High gas prices accelerate investment and production of green hydrogen across Europe - Chariot has a stake in this but much bigger players come on stream first ultimately reducing prices of hydrogen and traditional gas. Linked to this would acceleration of gas alternatives in terms of domestic heating eg air source heat pumps.

3. Recession depresses domestic and I industrial demand for gas.

4. Global production of gas increases in short term incentivised by higher prices.

5. European demand is actually falling in the medium term despite short increase in prices according to IEA.

https://www.naturalgasintel.com/iea-expects-global-natural-gas-demand-to-drop-on-ukraine-war-market-disruptions/

Fun facts, kids. Netflix are set to spend around $17bn on content in 2022 with new global spend on all new mining exploration in 2022 set to total only $20bn. Glencore turnover $200bn pa. Can you see the problem. As the outgoing CEO of Glencore noted - we’ve had a decade of underinvestment in mining. Interestingly of that $20bn 60% going into Gold and only 10% earmarked for Copper.

Should be able to buy under 80p before April. PXC really just retracing losses from last year. News all positive, particularly drill results from Red Star and Navarre Creek. When you look at global copper demand by sector Construction is just under 30%, infrastructure (5G) 16% and transport 13% but transport and infrastructure will accelerate with EV’s and 5G/6G - think about all those charging points and all the copper cables needed. Now think about 5G/6G rollout and all the extra cables needed. Smart buildings need a lot more copper cabling. No left wing governments in the USA, no striking miners, maybe some extra tax but nothing on the scale of South America, minimal corruption, easier supply chain and route to market. There’s a reason the chairman of Canaccord personally authorised their investment in this company.

The nominal value of a company's stock, or par value, is an arbitrary value assigned for balance sheet purposes when the company is issuing share capital – and is typically $1 or less. It has little to no bearing on the stock's market price.

To all those Shorts out there - burn baby burn! Disco inferno, burn, baby burn!