Member Info for Varnish

Nice piece in proactive with a comment from finnCap that the GBA development "offers a highly commercial project, the economics of which are supercharged by the major tax shelter the investment provides." The piece ends with a reminder that finnCap's target price is 660p.
I would be surprised if we don't hear from ST today (or perhaps Monday) which could give the shares another boost.
Feeling so much better than I did yesterday!

I think the key words come right at the end of this Hunt article when he talks about scaling up cheap renewables & new nuclear "while maximising economically viable North Sea oil and gas as we transition. Today we deliver that."
Surely JOG has a role to play in that - hopefully we'll know tomorrow or Friday.

Am I the only one that feels like this is Christmas Eve?
I know some will mock but it seems to me the stars are aligned so I'm expecting to hear from JOG tomorrow.

Not at all - I'm with alsoppc, the headlines from the energy security day will be leaked on Wed evening/Thurs morning as they normally are. So I do think Ithaca's results were probably delayed by 24 hours to coincide with the government's announcements around energy security. That said it could of course be immaterial to JOG.....but we live in hope (or at least most of us do).

As it's so quiet, let me pass on what might be a useless bit of information. The Times in it's 'Week Ahead' item has Ithaca Energy's results announcement as Wed 29 Mar. I mention this because that was the date I had too & so they have recently changed it to Thurs 30 Mar.
It does perhaps suggest the release date was changed to coincide with energy security day (or fossil fuel day if you prefer). That may of course have nothing to do with JOG - hopefully it will.
I'm sure JB will love this!

Let's hope Ed Miliband is right (it's got to happen sometime) and the 30th is Fossil Fuel Thursday! What with Ithaca announcing results the same day it could be hugely significant for JOG (and of course all of us).

Sorry now moved to Thurs next week..... & still in Q1.

LTH but first time comment.
Results due from Ithaca next Wednesday (were always going to be in Q1?). With an 'unwavering commitment to the North Sea' they seem an ideal partner for JOG and like all of us I hope a deal can be done.

A good start and trading update shortly.

I agree, the fundamentals look sound. I've topped-up based on the pre-close trading update last month that seemed to indicate no further surprises. I'm less concerned about the overhang (it doesn't change the fundamentals) but I'm keen to see them exit LionFish on favourable terms.
If this drops further on no news I shall top-up again.
DYOR

Due in January, so that's tomorrow then.

No surprise

With average month-end cash more or less equivalent to market cap & no pension liabilities. Share buy back will make a relatively small dent in the cash pile but should propel the share price higher. They're doing a great job!

URI just posted record Q1 results & raised guidance for 2022. Currently up over 3% in after hours. Should be a good read across for AHT tomorrow.

Planning application on the agenda tonight.