Jadestone Energy Share Discussion Threads

[upwego] 07/5/2024 14:25

some big stake building going on. Great Video :)

[trump45] 07/5/2024 13:42

I hold both Afentra and JSE. Held Afentra since 20p so have done well there.Afentra does have some positives over Jadestone other than production level. The main one is the management team quality and what they've achieved previously with Tullow. Secondly they don't have a Montara around their necks and all of the trouble that had brought. Third is the debt. With the backdated Azule acquisition Afentra will be virtually debt free and a pure cash machine going forward.Both Afentra and JSE are undervalued based on production levels and jurisdictions. JSE has the best jurisdiction premium I feel being fairly safe low tax countries. Angola is also supportive of outside investment which is good but it's clearly not as appealing as Vietnam and Malaysia. All of these jurisdictions are superior to the farce that is the UK and its anti oil and gas policies. I won't invest in companies with more than a minor holding in UK territory due to the windfall tax and whatever else Labour will impose.Afentra hasn't got the negative sentiment around it that JSE has due to the Montara debacle and the share dilution that was needed. With sentiment improving in JSE the share price could easily double in short order.

[nigelpm] 07/5/2024 13:40

Great video update - really coming together now.

[mount teide] 07/5/2024 13:20

JSE has 10k boepd HIGHER production than Afentra, RISING to 16.5k boepd post first gas from Ankatara, yet has a market cap just £20m MORE than Afentra, which despite doubling over the last year, is probably still trading around 50% below fair value.

Following resumption of production and storage operations on Montara Venture, a continued execution of the high growth recovery strategy, will increasingly see JSE resemble a 'special situation' stock, with the potential over a 2 year view to deliver capital growth probably as good as anything in the sector.

AIMHO/DYOR

[trump45] 07/5/2024 12:31

jadestone-energy.com/assets/indones...Video up

[upwego] 07/5/2024 08:26

Another day closer to Ankatara first production which will get us over the 20,000 bbls per day. wells already flow tested so no problems there..

Just waiting a game now could even see another bolt on aquisition anytime as the management are looking hard and probably already looking at a few and running the maths on them.

Will look hella cheap when Ankatara`s on stream.

[neo26] 07/5/2024 08:15

The charts look primed...Will be in the 40s soon... imho

[croasdalelfc] 07/5/2024 07:44

hTTps://www.ft.com/content/8f75bde0-45cf-4d6f-90c0-19a103e41417

[croasdalelfc] 07/5/2024 06:37

I few photos of Aka : hTTps://youtube.com/shorts/HU-AG97G2IA?si=z8gSJdYdu1PFJ2yM

[mount teide] 06/5/2024 00:29

Standard Chartered calls out US Energy Information Administration for misleading the markets by 'cooking the books' with respect to their weekly estimates of US fuel demand.

According to StanChart, there is a major systemic downward bias in the EIA's weekly estimates of U.S. fuel demand. StanChart say actual gasoline demand has EXCEEDED EIA estimates in 22 of the past 24 months - and that the EIA covers its tracks by quietly revising the figures higher the following month.

Distillate demand (diesel) exceeded demand estimates in ALL 24 of the past 24 months, and also saw the EIA quietly revise each monthly estimate higher the following month.

The EIA's MO is to publish biased estimated oil demand 'data' each week crafted to suppress the price of oil, and then quietly adjust the 'estimated' figure upward the following month to the actual amount.

By way of example, Standard Chartered analysts pointed out that last September, the EIA put gasoline demand at 8.01 million bbls/d, a stark contrast from the 9.465 million b/d recorded for September 2022. Across the whole month, the EIA data implied a y/y demand drop of 5.6%. This generated market talk of demand destruction and triggered a large fall in the oil price, as some 'experts' argued that oil demand was now at its weakest since 1999.

However, it subsequently turned out that actual gasoline demand for September 2023 only fell by 0.4% Y/Y, a tiny fraction of the EIA estimate of a 5.6% decline.

Source: Alex Kimani - Oilprice.com

[neo26] 05/5/2024 19:53

Financial times/investors chronicle have given buy rating with 60p target.

[mount teide] 03/5/2024 17:15

Some decent volume for a Friday of 1.7m - including a number of 6 figure transactions at or very close to the ASK price.

[neo26] 03/5/2024 13:35

But the herd are totally ignoring +17kbopd of production at the moment. Jse only has mkt cap of 140m.

[fardels bear] 03/5/2024 13:35

Let's hope not

[upwego] 03/5/2024 12:37

I would imagine a nice steady rise with anticipation of Antakara first production.
I think the herd will here very soon.

[tom111] 01/5/2024 15:22

Oil looks a bit weak, still with th driving season upon us it should improve over the next few months

[arlington chetwynd talbott] 01/5/2024 11:36

I was trying to make the argument that in JSE the short term prospects are better and more straightforward than they are in TXP. What is not to like about that?

[tom111] 01/5/2024 11:30

True but in the meantime we are back on radio silence so does it really matter

[fardels bear] 01/5/2024 11:20

But there are boards for TXP to talk about that on. This one isn't one.

[arlington chetwynd talbott] 01/5/2024 11:09

I would argue that the comparison I was making was relevant and fair. Echo chambers tend to end badly for those trapped in them.

[nigelpm] 01/5/2024 10:47

Can we please just chat about JSE on here. There are a million and one other discussion boards for the relevant stocks.

[arlington chetwynd talbott] 01/5/2024 10:31

As I said, this could work for TXP in the longer term if they are ruthless, but the path to share price appreciation seems more immediate/straightforward here - do what you promised this quarter, keep Montara incident free while you are at it and 50p is a distinct possibility. But TXP could have just played a blinder - it all comes down to whether they are prepared to completely reset the business they are acquiring. They certainly need to ditch its inept BoD (who make the inept TXP BoD look good). Which is not to say that the JSE BoD are exactly paragons of competence.

[fardels bear] 01/5/2024 07:37

Hope Susannah still doing well?