Jadestone Energy Share Discussion Threads

[tom111] 18/1/2023 08:41

May have noticed but on bad news sp,s always crash on good news it can sometimes be muted like now.However over the coming days the penny will drop up 20p +

[horndean eagle] 18/1/2023 08:38

They made no comment on whether they have seen sight of the report so its difficult to make that call. Better safe than sorry

[pughman] 18/1/2023 08:37

All down to NOPSEMA now. I hope this RNS delivers. 'The company anticipates' and 'production is expected to recommence in Feb 23' reads like previous RNS's. I won't be adding until it's official.

[nigelpm] 18/1/2023 08:23

Are you joking? Of course they'll have seen sight of the report!

[thommie] 18/1/2023 08:23

We are not even at the share price we have been in the last weeks with oil price lower and without todays very positiv news of a probable restart of 12 000 bopd at montara in the next weeks AND better than expected stag infill drills...So the share price will spike over today is my guess after people realised what those rns means!Like Mt outlined before. Reinstating the class of the fpso by one of the leading companys on that field will lead to nopsema approval of restarting the production soon!

[arlington chetwynd talbott] 18/1/2023 08:22

Nice, and all the while they have been quietly adding shareholder value via the buyback program.

[horndean eagle] 18/1/2023 08:21

Lets hope they have seen sight of the report. THey have been repeatedly too optimistic on getting this back up and running and I hope they haven't jumped the gun again. I guess market reaction suggests I am not the only one waiting for official confirmation.

[nigelpm] 18/1/2023 08:19

Market is a funny place at the moment. With the buyback also in motion it has absolutely no right to be anywhere near these prices.

[kaos3] 18/1/2023 08:12

added lol ...

[sea7] 18/1/2023 08:05

excellent news

[nigelpm] 18/1/2023 08:03

Slow market reaction..... late RNS I guess caused it.

[11_percent] 18/1/2023 07:57

Indeed....and the Guidance (after Montara start-up) should blow your socks off.

[thommie] 18/1/2023 07:52

Finally, good news. A really bad habit by MM to drive down the share price just before good news hit the market... This should lead the so back to 80-90, back to 100p plus after the expected reopening of montara in february.

[11_percent] 18/1/2023 07:52

Financial Calendar


Jadestone intends to issue a trading statement in respect of its 2022 operational and financial performance in early February 2023. The Company's 2023 operational and financial guidance will be announced once the Montara Project has resumed production.

The Company's audited 2022 financial results will be published in April 2023. The Company's 2022 Annual and Sustainability Reports are expected to be published in May 2023.

[royalalbert] 18/1/2023 07:39

Wakey, Wakey, RNS out.

[spangle93] 18/1/2023 07:38

Production at Montara slated for Feb

Stag wells successful

[11_percent] 18/1/2023 07:38

Rns.....Ops update.


Montara........."and production is therefore expected to recommence during February 2023."


Stag Field Update

In late 2022, the Stag-50H and 51H wells were brought successfully onstream at an aggregate initial rate of approximately 2,000 bopd, in line with expectations

[holdbucket] 18/1/2023 07:38

Operational update RNS out

[yasx] 17/1/2023 22:48

" although, of course, we both know that you are just making this up as you go"

Indeed - that is what Mount Dud tends to do.

Anyway, I have just noted his last response to me - I note that he decided to avoid mentioning the port Co. this time given I confronted him with the evidence in terms of my posts form back then and all of a sudden he remained silent on that. I can confirm in terms of crystal clarity that he was unrelenting in his optimism for Tethys at a time when over a period of several years I explained why the Co. did not deserve the rich rating it had, and I can also confirm in terms not uncertain that I suggested to Mount Dud and others that Globo was an outright fraud but he dismissed that as baseless twaddle.

He spouts drivel about Advance Energy being 'independently assessed 95% CoS" - as anyone that knows that Co. is aware, it was never that - this is more incorrect interpretation on the part of Mr Dud. again, if he wishes, I can prove yet again by way of reference to the actual documents advanced by the Co. and the relevant independent assessment to which he alludes that this was not the case.

As far as JSE is concerned, he initially declared it to be minor impact damage (I have that post in case he now tries to edit it) and ridiculed anyone that suggested it might be a more widespread issue.

He refers to his alleged impeccable trading/investing record - well, I have no way of proving or disproving his overall claims, other than to say I over the years have encountered him only on five different Co's (Tethys, Globo, SPL, ADV and JSE) - on those, his track record has been one of consistent failure and four of them resulted in 95%-100pc wipe out. I hope, given I am long JSE, that for once he manages to call something right.

Given his boasts, if he wishes to engage in a trading/investing challenge over, say, a one year period, I would cheerfully post live trades/exists on a notional sum relating to say, five different shares, and tot up at the end of that period and evaluate the difference. If Dud manages to beat my performance (and he won't), I will happily donate a decent sum to a charity of his choice.

Dud is a master of spin and nothing more.

As regards his general political views, well, those I essentially am in agreement with. However, the problem is far wider, more serious and more deep seated than he even realises.

[sea7] 17/1/2023 15:41

malcy's comment dated 13th Jan 2023, in his bucket list post...



Jadestone signed their own death warrant last year by committing the cardinal crime of responsibility for leaking oil at Montara and whilst it wasn’t meaningful it certainly ruined the year. One of the best management teams in the business will mean that JSE will return but having missed a year.

[mount teide] 17/1/2023 15:06

402k at 71.6p of transaction volume at the 2pm Auction

[stemis] 17/1/2023 14:33

I have Stemis and Winnet on filter

Of course you do, Mount Teide

They were both filtered on the basis their voting history shows they add little if anything to the collective knowledge of the investment case of virtually every company they comment on

I'm flattered that you've been through all my 5,800 posts over the last 20 years of posting although, of course, we both know that you are just making this up as you go. I doubt you've even been near most of the boards I've posted on.

Considering the share price performance of JSE over the last 2 years when oil prices have risen so much, I wouldn't have thought anyone could offer this thread as evidence of their contribution to investment research...

[winnet] 17/1/2023 14:16

tanners, normally I am a very modest kind of chap. I would never classify myself as great.

However, I would say I was lucky.

[tom111] 17/1/2023 14:14

In the meantime OPEC today came out with a bullish report stating demand for oil will increase by 2.2mbls a day for 2023