Jadestone Energy Share Discussion Threads

[winnet] 03/7/2024 08:22

I'm pretty pleased for us, and his family.

TBH he never had any skin in the game so this comes as no surprise.

[kaos3] 03/7/2024 07:49

the issue is they are or were basically a team of the SIMILAR AGE (and now it shows) group from previous occupations. mentors, successions etc is a very serious bussiness building stone. i can not feel it at smaller UK oil companies.

probably also eu (i am EU) vs anglo cultural issue

i just mention it on txp board - lack of a competent HR department. this business like engineering is not like marketing or finances where one can simply recycle the talent. it is built.

it would be good we get some info on HR politics at the next Q session

[pughman] 03/7/2024 07:39

That's 2 CFO's who have left the company in 2 years to spend more time with their family. I think the market would be more responsive if Blakeley was to depart and spend more time with his family.

[kaos3] 03/7/2024 07:36

my close friend was on a board of a top german conglomerate. each member was getting psychologist hours regulary. like sportsmen.

before he moved to take on a continent he was asked - does your family support moving.

because if they do not we know no man can battle two wars and win.

it is a very serious issue. either or.

[nigelpm] 03/7/2024 07:31

Guessing family didn't like lifestyle out there and went back? Two years a long time for anything to happen.

[ashkv] 03/7/2024 07:27

It comes across as such / and repeatedly your tenor has direct or undercurrents of negativity towards JSE!

I would convey a target price mid-way between current price and 12 month analyst consensus around the mid 60s (Excluding Jefferies)!! About 48-50p to start with !!

And with deleveraging hopefully it translates to the market cap component of EV increasing!!!

1AJM2 Jul '24 - 19:10 - 22035 of 22042
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Not a single part of my comment was 'trolling'

What do you think 'The Montara effect' included..... Very sceptical costs at montara and stag will drop like their multi year forecasts predict, is there a new COO yet? The current personal got JSE into this mess.

Ash, where do you think the share price should be now and predict will be year end?

[ashkv] 03/7/2024 07:23

Tyrus have been kind - didn't boot the CFO out post the RBL debacle / have eased him out!

Hopefully we get a finance exec who is hungry and proactive - rather than a reactive lifestyle executive...

[paduardo] 03/7/2024 07:21

Also interesting the RNS states one of the reasons is to rejoin his family when in his appointment rns (28 June 22) it states

"Mr Dijkstra will relocate with his family to Singapore, in line with Jadestone's strategy of ensuring that senior management are positioned close to its assets and finance teams in the Asia-Pacific region."

[paduardo] 03/7/2024 07:13

Sounds to me like he has been manoeuvred out after all of the debacles last year, now that the company is back on a more solid footing. Hardly effusive - thanking him for his efforts and for a smooth transition. Nothing about achievements!

[sea7] 03/7/2024 07:10

Sounds more personal....moving back to Netherlands for family

[dunderheed] 03/7/2024 07:06

Jumped before pushed?

[upwego] 03/7/2024 04:58

I thought we would be at 50p now.
Volume traded has been so low its unbelievable, having said that no ones dumping and big buyers probably waiting for flow rates. I think this is a cracking price to be buying.

[1ajm] 02/7/2024 19:10

Not a single part of my comment was 'trolling'

What do you think 'The Montara effect' included..... Very sceptical costs at montara and stag will drop like their multi year forecasts predict, is there a new COO yet? The current personal got JSE into this mess.

Ash, where do you think the share price should be now and predict will be year end?

[fireplace22] 02/7/2024 16:24

Wood pigeon's bloody everywhere now, worse than grey squirrels, will gobble everything put out for songbirds etc in a flash. Fat Turkeys.They need a cull as do the Geese shi..ing all over the parks. Maybe in the coming recession......

[pughman] 02/7/2024 16:16

Are your risk limits permitting you to add?

[ashkv] 02/7/2024 12:35

JSE production has to average around 23k boe/d to meet lower end of guidance - assuming June production is static from RNS notified update on average production to End May 2024

1AJM/R123/F1987 trolling on JSE YE Share Price versus present - he forgets to mention the 2024 update on one off extraordinary Montara and Stag 2024 costs that JSE is recovering from.

Share price will recover!!! Great time to add for those that their risk limits permit!!!

Akatara has been derisked, Brent very supportive, news on Vietnam Gas Project Farm-out, Deleveraging, other deals in the works per management!!!

May the force be with Montara/JSE shareholders!!

paduardo1 Jul '24 - 04:36 - 22019 of 22031
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Does anybody have any thoughts as to how long it will take Akatara to ramp up / achieve commercial gas sales? I have been looking online and cant find any information about how long this might typically take. Has PB ever discussed this or has IT been included in a presentation or RNS - I have had a look but could not find any reference.

[mount teide] 02/7/2024 10:36

Weather - very strange year. Despite the cold, wet spring, in one of our garden fruit trees we had a pair of pigeons nest and raise two clutches of two chicks by the end of April - the first clutch fledged before there was a single leaf on the tree.

[sea7] 02/7/2024 10:34

Correct link to jadestones announcement dated today.

[fardels bear] 02/7/2024 09:39

Well, you must admit it has been a funny old year weatherwise. Funny peculiar not funny haha..Looking at that jet though it's hardly surprising that the butterfly has gone to live in the Brazilian rain forest.

[mount teide] 02/7/2024 09:36

First BP and now Shell, who today made public another major 'U-Turn' with respect to 'renewable' and 'green' energy.........Shell announced it's stopping a major 'Green' biofuel project in Europe that's ALREADY under construction!

'In another sign Shell is turning away from its (unprofitable) renewables bets, it just announced it's halting the construction of one of the largest biofuels plants in Europe.

Shell is likely to take a write-down as a result. Another misallocation of shareholders' money.'....Javier Blas - Energy/Commodities Columnist @ Bloomberg this morning.

'Beryl' becomes earliest Cat 5 hurricane ever - The Atlantic hurricane season is running ahead of the pace for the time of year, with three storms already.

[ashkv] 02/7/2024 07:31

Notice of Trading Statement

2 July 2024 - Singapore: Jadestone Energy plc ("Jadestone", or the "Company"), an independent upstream company focused on the Asia-Pacific region, announces that its trading statement for the six months ended 30 June 2024 will be published on 29 July 2024.

[Correct Link Updated]

[paduardo] 01/7/2024 14:07

Thanks everyone, hopefully not to long as the 24 production guidance was based on first commercial sales in June 24. Interestingly we might hear something soon on the Puteri Cluster bid as it looks like awards from this are starting to be made

[nigelpm] 01/7/2024 11:25

I think it's weeks and perhaps 2-3?