Jadestone Energy Share Discussion Threads

[croasdalelfc] 26/2/2021 08:01

I find the guidance figures low . I understand Montara has 20% decline and Stag about 8-10% so that explains some .But h6 target is 3000 bopd. Maari is currently producing 3800 net to JSE according to Horizon .Also original rig contract was for two drills

[croasdalelfc] 26/2/2021 07:43

Poised: on the brink, about to , in a self confident manner

[lord gnome] 26/2/2021 07:35

Positive and confident without hyperbole. Route to growth set out. Dividend growth confirmed. What's not to like? A sound investment.

[spangle93] 26/2/2021 07:34

All looks very measured and achievable

I wonder what current production is?

[lauders] 26/2/2021 07:22

"At the same time, we are working to complete our acquisition of a 69% operated interest in the Maari asset in H1, and for planning purposes, have assumed closing and transfer of operatorship at 30 June 2021. With the combination of our organic production growth plus Maari, we are forecasting a greater than 50% increase in production in H2 versus H1. Other acquisition opportunities remain in focus too, and with our strong starting net cash position of US$82.0 million, we are poised to continue adding value through inorganic growth this year. We have seen a marked increase in both the quality and quantity of potentially suitable inorganic opportunities coming to market which the team is evaluating against our strict acquisition screening criteria.

All looks positive. Hopefully the trend in share price will continue now. Look forward to developments over the years to come.

[buffythebuffoon] 26/2/2021 00:41

FB,

Nothing is stacked against you if think about what sort of returns you are envisaging from owning shares in JSE.

A serious question...when this is sitting at several times today’s price, will it have made sense not to buy for the sake of a penny or two?

Buffy

[tens machine] 25/2/2021 23:58

Overhang.... auto correct

[tens machine] 25/2/2021 23:57

Not sure there is much of a over hand here as I have brought x5 tranches of 10k shares in recent weeks. Each time I had to go to market for them . Certainly not my preference but needs must .The quickest of them being filled in 30 mins and the longest was well over an hour .

[fardels bear] 25/2/2021 20:02

Quite. It is stacked against us, I fear.

[tens machine] 25/2/2021 19:35

Perhaps more ii taking up larger positions before tomorrow's news . Seems extraordinary volume considering how hard it is to get a quote based on a 10k buy.

[thedudie] 25/2/2021 18:46

Apart from the 26million in mid Jan volume was quite flat till last week in Jan. Since then volume (and share price) has looked to be generally growing - so if an overhang a very controlled overhang.
This time I am hoping the buyers know something I don't.

[lord gnome] 25/2/2021 17:55

Looks like an overhang is being/ has been cleared.

[fardels bear] 25/2/2021 17:32

I smell leaky.

[duckdown] 25/2/2021 17:27

Some very chunky trades showing up now.

18.5million volume traded.

[fardels bear] 25/2/2021 17:21

Alien invasion? ;)

[lord gnome] 25/2/2021 16:42

Good volume today with some big trades going through. It definitely feels as though somebody has taken off the handbrake. Could be an excellent day tomorrow. Can't think of any bad news to come. (Famous last words).

[mount teide] 25/2/2021 15:52

L2: 3 v 1 / 78p v 80p (then 3 x 81p, 2 x 82p, 3 X 83p and 1 x 84p)

Rising on strong volume - 5.84 million.

[thedudie] 25/2/2021 14:56

Can currently sell small quantities above mid at 79.2.
Presumably the buyer is still interested

[sporazene2] 25/2/2021 14:46

Hi all - excellent thread. I have been picking up a few here over the last 2 weeks as JSE seems very well placed with regards to oil price recovery, stable financial position of the company and options for organic growth over the next 12 months. Likely to throwing off plenty of free cash. Looking forward to tomorrows guidance call and I see no reason why this cant push on past 94p resistance in the coming weeks/months, assuming the oil price doesnt drop back below $50-55

GLA.

[mount teide] 25/2/2021 14:13

2 x 750k at the full 79p offer price.

[sga64] 25/2/2021 14:03

I use HL, you can buy JSE not using limit order facility. You may need to play around with size of order to get it through but deffo shares available to buy.

[fardels bear] 25/2/2021 13:31

As usual HL won't let me buy any. Most days I put on a limit order at the ask, because it never gives me a real time quote, and every time it fails to be achieved because the ask increases by a penny half way through the day to above my limit price.

[mount teide] 24/2/2021 16:30

Brent jumps again to $67.25 - up 2.83% for the day.