Jadestone Energy Share Discussion Threads

[lord gnome] 16/7/2024 06:09

Oak's analysis and logic are impeccable but sadly, the market has never been logical.He has always been a big fan of DEC, so his preference is no surprise. I read his take on JSE as being quite negative.

[tim000] 15/7/2024 23:29

I’m surprised he prefers DEC, although perhaps not as despite the amount of research he does his record to date is poor. Almost exclusively he prefers stocks that have a dreadful price history but thinks somehow, once he has made the investor community see the errors of their ways, an imminent rebound will occur. But it rarely happens.

[nigelpm] 15/7/2024 23:10

Great piece of work - author is incredible

hxxps://theoakbloke.substack.com/p/the-pr-jse-is-right

[tim000] 15/7/2024 22:35

Annoying yes, but it will be resolved. Not that big an issue imho from a long term perspective.

[mount teide] 15/7/2024 19:42

f22 - 'I'll give you one guess:'

Lol!

[fireplace22] 15/7/2024 15:35

'Who in their right mind would want to be shackled to that hugely over-regulated economic three legged donkey?'

I'll give you one guess:

The new European Union relations minister is heading to Brussels to stress the Labour Government’s commitment to “resetting the relationship” with the bloc.

Nick Thomas-Symonds is meeting European Commission vice-president Maros Sefcovic for their first face-to-face talks on Monday to “set the ground for further discussions” on deepening ties, according to the Cabinet Office.

It comes ahead of the European Political Community summit Sir Keir Starmer is hosting at Blenheim Palace later this week.

Our Government is committed to resetting the relationship with the European Union, to strengthen ties, reinforce our security and tackle barriers to trade

Nick Thomas-Symonds
The Prime Minister will welcome 45 leaders from neighbouring countries on Thursday as he seeks to forge an ambitious new UK-EU security pact to strengthen co-operation and closer work on defence with key allies such as France and Germany.

[mount teide] 15/7/2024 13:16

ashkv - thanks, holding my own and feel as well as I can reasonably expect considering the formidable foe I'm standing toe to toe with again!

Took that Trump quote from 'memory' - taught me to check the accuracy of my recollections in future, as in this case they proved about as accurate as some of Biden's!

Trump's actual quote was made in 2018:

“Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!,”

[mount teide] 15/7/2024 11:41

ashkv - Ref: Trump and global oil prices - be careful for what you wish!

During 2016-2020, Brent averaged $55.31/bbl - largely the result of Trump strong arming the Saudis and Opec to lift production while the US Shale sector was adding circa 1.0m bopd production growth a year.

When he got Brent down below $30/bbl in H1/2016, he called up the Saudi's and said something along the lines of: "We've got oil down to $30, let's go lower - oil should not be above $20/bbl on the global market".

Brent bottomed shortly afterwards at $28/bbl

[ashkv] 15/7/2024 11:27

Awful what went down with Trump - I had the pleasure to meet with him and Melania in the mid 2000s in New York City. Found him to be a super chap!!!

Now that his election odds are looking better it surely has to be tailwind for the hydrocarbon sector!!!

As Trump will likely scuttle the green agenda - more so if it is a Republican Sweep in Congress!!! Goldman's most likely scenario!!!

I was expecting Brent to bounce given the attack on Trump and Israeli bombing in Gaza!! Spread between WTI and Brent is at the lows of trading ranges - so either WTI declines or Brent goes up!!!

Rig counts fell again for oil rigs - strange how the USA is managing to produce more with drastically lower rigs!!!

[tim000] 14/7/2024 14:34

I’ve got a ticket and will be attending. I see AXL are also presenting.

[fireplace22] 14/7/2024 12:13

Thanks TGM.

[the_gold_mine] 14/7/2024 12:08

Jadestone presenting in London 19th September

[the_gold_mine] 14/7/2024 12:07

You flare the gas you are not exporting via pipeline would be my expectation.

[fireplace22] 14/7/2024 09:52

How do you get sufficient condensate for sales purposes if there is no effective gas flow yet?

[upwego] 14/7/2024 09:26

I wonder when we will get some official flow rates on Gas.

I`m also looking forward to the condensate sales figures too.

On 22 June 2024, reservoir gas was introduced to the Facility from the Akatara-A4 well, and a period of final commissioning using reservoir gas has now commenced. Condensate is already being processed to the Facility's storage tanks in preparation for sale, with first commercial gas and LPG sales to follow.

[yasx] 12/7/2024 21:02

I don’t think Millibland is dim - on the contrary, he is actually intelligent even if he lacks social skills. However, he is idealogically driven (like the rest of his family) to destroyi Britain in every way possible.

[dunderheed] 12/7/2024 17:49

Exactly fp22, then we will have the likes of Starmer claiming prestige for the "reduction" in uk hc/co2 emissions!!

[fireplace22] 12/7/2024 17:36

If we (UK) do absolutely nothing from this point towards net zero our %age share of CO2 emissions will still fall significantly.