Jadestone Energy Share Discussion Threads

[tom111] 29/4/2024 21:49

I cant believe this what on earth is he trying to prove Ash just filter him he is cluttering up the board

[ashkv] 29/4/2024 19:05

oh jeez - give it rest. That is likely conjecture on possible entry...I am not going to replay posts from so far back... what a specimen!!!

You are a sad sad pathetic OCD clown trawling through my old posts - when you have been outed as a malicious player.

I was flat post the only instance in 2022 when I purchased TXP post my initial buys in the teens and the low twenties - and I don't look at exact figures when I am posting to random clowns like you on a chat board.

However, as you are an OCD I will post an annotated set of my TXP trades from 2022.

Get a life... go see a shrink.... Sad sad OCD Clown...

Apologies fellow posters - I will now not respond!!! Filtered

2 Sep 2022 Sell TXP 87.00
S-375766 TOUCHSTONE EXPLORATION

31 Aug 2022 Sell 88.5
S-374213 TOUCHSTONE EXPLORATION

28 Apr 2022 Buy TXP 89.158
P-899053 TOUCHSTONE EXPLORATION

[arlington chetwynd talbott] 29/4/2024 17:15

ashkv - your own posts seem to contradict each other. Did you sell out of TXP at 80p or at 90p? If this complete exit was in September 2022, when and at what price did you buy back in?

[1ajm] 29/4/2024 16:57

price recovered today better than expected.

[ashkv] 29/4/2024 16:27

Indeed and agree -> I didn't digress - this OCD (Obsessive Compulsive Disorder) character doesn't let go - even when caught out making up malicious fabrications.

ACT
Look back you OCD wreck and you will come across that I have sold out of TXP Totally in Sep 2022 having bought in anticipation of guidance for Cascadura to be online.

Over and out... let it rest and go back to stalking the TRIN chat!!!

[nigelpm] 29/4/2024 16:18

Just keep it to JSE please.

[arlington chetwynd talbott] 29/4/2024 15:50

ashkv - you say about TXP “Last entry was around 80p in 2022 post selling initial 2020/2021 entries - 80p I got out around flat!!!”


But you were hanging on in there at the beginning of last year with a last top up, according to you, at 90p:


“ashkv - 05 Jan 2023 - 15:01:27 - 34142 of 37150

Hopefully Cascdura online by H1 2023 - I topped up at 90p in May expecting Coho to be online per guidance but was left high and dray until end year with a gut punch placing!!!

Fingers crossed Royston lives up to hopes... CPR wasn't very encouraging... TXP (God bless it) has been a darling for me but it is not all roses...”


So you did not get out flat.

[ashkv] 29/4/2024 15:36

Exactly - this character ACT who has likely got a TRIN (Trinity Exploration) tattoo on his face - appears fixated on TRIN.. is feebly seeking to poke me post my being a tad naughty on that chat and calling the character out subsequent to him going long TRIN after an extended period of doom and gloom for the TRIN share.

For the record I have been consistently doom and gloom on TRIN since having sold out flat!!!

[premium beeks] 29/4/2024 15:31

Who....the ...hell. ..cares

[arlington chetwynd talbott] 29/4/2024 15:20

ashkv - I knocked my modest TRIN holding on the head at 40p once it became clear that no one was going to move against its inept BoD (which I see as being the only way forward there) anytime soon.I am surprised that you would recommend TXP to anyone - surely you regret topping up at 90p now that it has more than halved? Are you not asking yourself whether, like TRIN, TXP has fundamental problems (including the incompetence of its BoD and the business unfriendly jurisdiction that it operates in)?

[fardels bear] 29/4/2024 14:50

I should alter advice to opinion unless you have a license.

[neo26] 29/4/2024 14:41

The fact that jse produced 17kbopd in q1 2024 and brent close to $90 and jse receiving premium prices to that, jse are undervalued.Add akatara which will produce at least 30mmcfd come end of q2, at $7 per mcf that is additional $70m additional revenue per annum.

[ashkv] 29/4/2024 14:16

For the near term catalysts ->

Akatara Start / Ramp-up
Akatara further contracts
Brent Price
Q2 Operational Update ex-Akatara
Q2 Financial Update -> Net Debt lower
Further Acquisitions?
Hire of vacant COO role
New CEO

Any others?

[ashkv] 29/4/2024 14:10

Sharing is caring - Fyi Please do your own due diligence!!!



Brent Current Price -> $89.00
JSE Current Share Price vs 52 Week low of 21p on 18 Aug 23 -> 28.57%
JSE Current Share Price vs 52 Week High of 55p on 16 May 23 -> -50.91%
Shares Outstanding -> 540,817,144
GBPUSD -> 1.2500
Jadestone 2024 Production Mid-Guidance Revised Apr 24 (20,000-22,000 Boe/d) -> 21,000
Jadestone Q1 2024 Average Production -> 17,200
Jadestone Production Average for 2023 (Including Montara Shut-Down) -> 13,800
Production Average for 2022 -> 11,487
Debt (USD) (USD 200 Million Reserves Based Lending (RBL) Draw) as of 31 March 24 -> $200,000,000
Cash (USD) 31 March 24 -> $121,800,000
Net Debt (USD) 31 March 24 -> -$78,200,000
Available Credit (Remaining USD 200Million RBL Available + USD 35Million Standby Facility) -> $35,000,000
Available Liquidity -> $156,800,000
Market Cap (GBP) -> £146,020,629
Market Cap (USD) -> $182,525,786
ENTERPRISE VALUE (EV) (Market Cap + Debt - Cash) (USD) -> $260,725,786
EV/Barrel(USD) 2024 Mid Guidance Production 21,000 Boe/d -> $12,416
EV/Barrel(USD) Q1 2024 Average Production -> $15,158
EV/Barrel(USD) Jadestone Production Average for 2023 (Including Montara Shut-Down) -> $18,893
JSE Decommissioning Expense Liability i.e. Asset Restoration Liability per FY 2023 Results -> $603,902,000
EV/Barrel (USD) JSE 2024 Exit Production 23,000 Boe/d Production [Added Decommissioning Expense Per FY 2023 Results to EV] -> $37,593
EV/Barrel (USD) JSE YEAR END 2024 Exit Production 26,000 Boe/d Production [Added Decommissioning Expense Per FY 2023 Results to EV] -> $33,255
2P Reserves (Boe) as of 31 December 2023 -> 68,000,000
2P Reserves (Boe) as of 31 December 2023 + 6.8 mmBoe Second CWLH Acquisition H1 2024 -> 74,800,000
EV/2P -> $3.49
EV(Including Decommissioning Costs)/2P -> $11.56

[ashkv] 29/4/2024 14:09

Look back at my posts - if you don't have better things to undertake!!!

Sell out of TRIN and move into TXP - you will have better returns.. my humble investment advice :)

[arlington chetwynd talbott] 29/4/2024 12:50

When were you negative on JSE?

[yasx] 29/4/2024 12:02

There is a real sense that the market lacks confidence in PB-even the positive strides in the announcement today have been overshadowed by a few mild revisions to the downside.

It just seems that the market fears a negative surprise may spring at any time, be that Stag, Montara or the prospect of delays elsewhere such as Akatara. I for one welcome PB being replaced as a fresh start is badly needed here.

I am also cautious of Tyrus and what their long term objectives are. One hopes there are no egregious intentions and PB/Tyrus have and are playing with a straight bat. I think they are, but am keeping an eye on the overall picture.

[ptolemy] 29/4/2024 11:48

As I mentioned before PB due to retire soon. Surely he'll want to go out on a positive note.

[ashkv] 29/4/2024 11:14

I was on the call today - did I miss the mention as the COO hire process?