Jadestone Energy Share Discussion Threads

[beeks of arabia] 06/10/2023 21:00

Best wishes to MT, hope he is recovering well whatever his issue.

[winnet] 06/10/2023 16:44

Crossdale - RE MT post... it's wealth second for all of us atm!!!

Although he and I almost always disagreed on political issues, he was [is, hopefully] a great contributor to these boards. In fact, I know more about the Maritime industry than ever, because of his posts.

[fireplace22] 06/10/2023 15:41

Not forgetting CWLH production, isn't that due to Jadestone shortly?

[croasdalelfc] 06/10/2023 15:20

Probably end Nov with a few months Montara production in the bag: results of infill drilling at PM and Akatara at 75% milestone . And perhaps narrowing of guidance.

[croasdalelfc] 06/10/2023 15:18

Lower capex and lower opex than Montara and with decent premiums to Brent. Lower decomm as well

[croasdalelfc] 06/10/2023 15:17

I've met him at a JSE event 4 years ago. A real person!Seems to be health first , wealth second at the moment for him. Hope he is doing ok

[fireplace22] 06/10/2023 15:15

spawny, He's not ok he's been diagnosed with a serious health problem and been told to rest. That was a couple of months ago. I haven't seen any further updates as to how he's faring since. Can only hope he's still recovering.

[spawny100] 06/10/2023 15:12

Does anyone here personally know Mount Teide? I've always found him to be a decent, honest straight-talking poster. But I've been fooled by anonymous posters on bulletin boards before. Just seems odd to pretty much disappear. Particularly when TXP and JSE doing so badly and SAVE still suspended. Hope he's ok.

[nigelpm] 06/10/2023 15:01

Took some more. Seems opportune timing

[swanvesta] 06/10/2023 13:35

OK but how does PM cashflow/bbl compare?

[croasdalelfc] 06/10/2023 13:28

The second PM well should be online soon - 4 new wells by end November. It could make the PM assets the main Jadestone producer ~7kbopd - Mitigating the Montara risk tremendously- after Akatara is online , Montara fades to 30% of production.

[nigelpm] 06/10/2023 10:39

Wish I could say the same..a torrid week.

[spawny100] 06/10/2023 10:39

Most in my portfolio are fairly strongly blue today

[nigelpm] 06/10/2023 10:33

Not just jadestone falling.. everything is. As others note patience or buy more if funds allow.

[winnet] 06/10/2023 09:53

-sits on hands-

[poacher45] 06/10/2023 09:46

The thing to remember is the first 200000000$ of gas at Akatara is tax free. Then
comes Vietnam and also new wells on stream. It will be a different company then.
Patience winnet.

[fireplace22] 06/10/2023 09:45

persistent seller today, gonna need one of them there trucks to back up in the 20's again!

[fardels bear] 06/10/2023 09:20

I don't mean pragmatic, I mean opportune.

[fardels bear] 06/10/2023 09:11

Sure but it's pragmatic.

[winnet] 06/10/2023 09:09

sea, depending on your view of the intrinsic value of 9p... if the business should be valued at a much higher price, its not so great.

[sea7] 06/10/2023 09:03

thanks winnet - I backed up the truck when it was in the 20's!!

[sea7] 06/10/2023 09:01

this is exactly what axl warrant holders are doing.

strike is 9p
current share price 18p

exercise warrants at 9p, immediately sell all issued warrant shares at 18p, then pay the company at 9p a share, whilst booking 9p a share profit for themselves, without laying out a single penny to pay for the warrant shares.

warrants are great

[winnet] 06/10/2023 08:59

sea7, i completely get it, you really don't need to explain how it works. It's a fairly basic thing.

All i saying is that there is more to fund dynamics than mere mortals such as you and I could guess at... I've seen some wacky stuff over the years.

All I know is that 30p is a bargain. So I've had a few more.

[fardels bear] 06/10/2023 08:57

Of course the will. I would. Gizza pile of warrants.