Member Info for Thunder2040

This company does not make a profit, so contract wins in the normal course of business mean absolutely nothing other than another year of successfully losing money.

Look where this share price came down from though..it was well oversold as I think the profit warning was not explained to investors properly at the time. Still don't know what Mach49 case specifically relates to, although I can hazard a guess. Similarly I found it odd that there was no news on the huge potential legacy business disposal to private equity that was being mentioned in the sky article. But I think it's easy worth 500p on current news and performance

Current valuation based on those results is a joke, it's materially undervalued and still generating strong revenue and cash.

Seems like this is going well for you Ayecurumba, I hope you see why I didn't want the shares with a barge pole now back when Trinity was being sold for cash.

The margin improvement is a very important factor here, I think it's primed for a significant recovery now they seem to have rationalised the cost base and are growing again excluding dubbing

I mean decomms is a slow burner it's the issue with corrosion I didn't like anyway, I've held here, I think Vietnam will come very good, but until I see that the tanks are fine and threat of shut in goes down I can't say I'll buy.

Seems I am not the only one that realises the risk..sorry I said something you didn't like to hear, it's like a cult on this board

I think you need to think long and hard, I did and I don't like it at all..if it gets shut in where does the price go? It's probably a potential reason an II has said enough is enough. That FSPO has been a weight on Jadestonr for years now and I just think it's too much risk now with that news but I get your point

Https://www.boilingcold.com.au/regulator-slams-jadestone-energy-for-dangerous-corrosion-in-oil-vessel-off-wa/

You simply cannot ignore this and the decommission costs IMO.

So to add to the approach already received, now further expressions of interest, so that's at least 3 potential buyers... interesting times

Artisan Partners up to 13.8%, large amount of shares concentrated in a few big reputable names now

Was leaky ship on the way down before Bosch news so could be again

It's mad to short this over a mere 14% overhang with hydrogen stocks and data centre demand rocketing.. really find it very odd the price action disconnect between this and Bloom tbh

Ceres is going to challenge Bloom IMO and if you look at the Mcap here Vs Bloom you start to understand the scale of the opportunity - shorts could be in trouble

They never respond to PIs in my experience mate

If the license expires before hammerhead fid is unitisation really a certainty, Gil hardly ever mentioned it

I agree redwineday, but doubt we have enough % for a special resolution to act on this

I think it's just hit an all time low, but I'm glad the board were so 'pleased' in their recent RNS lol absolutely ridiculous

I agree now James, Namibia seems a long way off if they have to shoot more seismic. So now it's Guyana or 3b/4b & block 1 really. Why have company presentations just stopped too, nothing for over a year on that front unless I am mistaken

"Their support has been instrumental in the alignment of our efforts on our deeper water PEL's 97, 99 and 100 which have been the recent focus of industry partners."

Could be interpreted as saying the block they gave away wasn't getting any interest from potential farm in partners. But I agree, why not just be more straight forward if that was the main driver of all this. To give away a license seems odd and implies it was forced imo. I thought we had the licenses for 10

years from date of signature.

Any thank goodness we actually have a carried two well drill in South Africa, but I say it again Guyana farm out simply has to be close to cash or bust now