Jadestone Energy Share Discussion Threads

[fardels bear] 08/8/2024 13:02

Maybe you should stop wasting your time lecturing us.

[yasx] 08/8/2024 12:48

Proactive events are a waste of resource - the Co needs to get on with delivering abd stop wasting time on promotional puffery to retail holders.

[11_percent] 07/8/2024 07:52

They are in town third week of September.

[croasdalelfc] 05/8/2024 10:37

NB the 2P resource for Akatara has grown from 18.7 mboe to 25.8mboe since the GSA was announced in Dec 21. That is will no more drilling than planned - a 38% increase for nothing.LPG and condensate which is more lucrative in terms of $/b has grown 50% to 12mb. I fully expect the resource to grow to over 30mb and perhaps as higher as 40mb - doubling the size of the acquisition for no extra cost.Also a back in by government (for 10%) has yet to be announced ..... will it happen .... Probably but we shall see

[bubbabubbabubba] 05/8/2024 10:20

Hedging profits are going to be immense if the price keeps dropping Got to find a way of getting rid of montara and stag. It's holding the company back

[sea7] 05/8/2024 06:52

Thanks paduardo

[paduardo] 05/8/2024 06:33

Great find sea7 and thanks for posting

[sea7] 04/8/2024 15:53

local comment on akatara...



Dated 4th August..

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) said
Jadestone has distributed gas from the Akatara Field, Lemang work area, Jambi, to PLN Batam to support electricity supply. Head of the SKK Migas Representative Office for Southern Sumatra (Sumbagsel) Anggono Mahendrawan in a statement in Jambi, Sunday, said that the gas supply from the Akatara Gas Plant Facility (AGPF) has been flowing well to PLN Batam since July 31, 2024

[mount teide] 04/8/2024 12:33

Oil Price - although recent data points to a softening of the economic outlook across much of the West........many Asian countries like India and Vietnam are in a new boom cycle with recent growth close to or exceeding double figures.

I would like the economists who are suggesting a softening of the economic outlook in the USA is the reason for lower oil prices(rather than the Democrats, their politicised Government Institutions and Wall Street Investment Bank friends in election year manipulating the paper oil price), to answer a few of my questions!

Since stock markets have a long history of being leading indicators, why is the recent negative data not affecting the election year 'feel good factor' S&P 500, which is booming, up 13% year to date, after a huge 22.3% increase in 2023?

And why, when global oil consumption is at an all-time high, is the paper short on oil now greater than peak covid when demand had collapsed by over 15 million bopd?

In addition, such is the growth of the economies of SE Asia, intra Asian trade is now over 60% of all trade conducted by this economic block. Many with long first hand experience operating shipping to the SE Asian economies and the growing impact of globalisation, scoffed when in 2000, a survey of leading economists forecast that intra-asian trade would not overtake trade to the high spending West before 2050.....how wrong can you be? It blew through parity by 2018.

Why does slowing economic growth in the West matter to oil consumption when over 90% of oil demand growth comes from emerging economies which collectively have a greater consumption and, continue to grow at multiples the rate of the West?

Why did oil consumption in the west continue to grow throughout the 5 year period between 2010 and 2014 when oil averaged close to $150 bbl adjusted for inflation?

From an economic perspective, SE Asia and its 4.8 billion population does not now need the West like it used to do. When you consider that if the fast growing oil consuming nations of China and India had an oil consumption per capita equivalent to the US, they would jointly consume over 200 million bopd, close to twice the world's current production, before taking into account the other 2.4 billion population of SE Asia where oil consumption per capita is growing even faster.

Almost every factor determining oil pricing apart from the record paper short position would suggest higher pricing today, certainly relative to 2010 to 2014.

[mount teide] 04/8/2024 11:49

Every current and forward economic indicator strongly indicates that Jadestone will continue to be based in the largest, fastest growing and highest energy consuming region of the world for decades.

Epicentre of the global economy? Look East my friend!

Publication of Freight Container traffic volumes for the World's top 50 Container Ports in 2023, demonstrates well how China/SE Asia is now the centre of the global economy and, the global shipping and ports industry with daylight second.

Annual Container Throughput at World's top 50 Ports - Percentage of World Seaborne Freight Container Trade in Brackets

Million Containers(TEU)
411 (76.6%) - China & SE Asia
47 (8.7%) - Europe
35 (6.5%) - US
23 (4.3%) - Middle East
12 (2.1%) - Africa
10 (1.8%) - South America

The World's top container port Shanghai(49 million annual throughput), handled more freight containers than all the US and EU ports in the top 50 put together!

The top 9 ports in the world are all in SE Asia - with 7 being in China. They collectively handled 271 million TEU of Containers - Europe's largest port Rotterdam is at number 10 with 14 million TEU.

Singapore, a small island with a land area 1.5 times the Isle of Wight has the second busiest container port in the World handling 39 million containers annually - more than Europe's three largest container ports (Rotterdam/Antwerp/Hamburg) put together.

The scale of Chinese and SE Asian GDP growth over the last 40 years from the impact of globalisation (West outsourcing manufacturing to the region) is staggering.

The region only had two entries in the World's top 10 Ports in 1980 - Hong Kong and Singapore. Now they have 31 of the top 40 ports, handle more than 76% of global seaborne freight container trade, and have a combined GDP of circa US$35 trillion, 2.4 times that of the EU and 1.5 times the US. In 2000, the region's combined GDP was circa $2.0 trillion, and China's was $0.8 trillion.

Intra Asian seaborne freight container trade(finished goods) now represents over 60% of all container freight traffic shipped from Asian ports - intra Asian container trade overtook that to Europe and the US in 2018, and has since accelerated away at an astonishing pace.

AIMHO/DYOR

[mount teide] 04/8/2024 09:34

f22 - that's exactly how the ludicrously self confident(bolshy) Australian trade unions expect business owners and government officials to behave.

They are increasingly creating enormous disorder across many industries based on the flimsiest of justifications.....particularly during the recovery stage of this latest commodity market cycle, where some have brazenly claimed that if the O&G and industrial metal mining industries are making tens of $billions, they should effectively pay their workers much more - seemingly, oblivious to the fact most new O&G and industrial metal mining projects are 25 year business decisions, where the companies will make modest profits at best during the overwhelming majority of the commodity market cycle.

As evidenced by the US Shale industry between 2014-2021 (the market recession stage), collectively running up over $300bn of negative cash flow.......over 4 time's BP's current market cap!

[fireplace22] 04/8/2024 09:01

They'll probably at this very moment be assessing the Keir handbook of industrial harmony and pay them whatever they ask.

[the_gold_mine] 04/8/2024 08:49

Making a mountain out of a molehill. If you don't believe an improvement in business performance and share price is forthcoming why continue to hold ? There are plenty of other junior oilers out there to put your money in ...

[yasx] 04/8/2024 08:43

Montara is akin to a persistent toothache - it never seems to resolve satisfactorily and reappears with the faintest of triggers.

[sea7] 03/8/2024 17:30

many thanks for your views MT - Sounds far more plausible

[nigelpm] 02/8/2024 09:04

No idea where you've got that from. I've been quite critical of management over the past couple of years and given that feedback both to IR directly and on an IMC session - where in fairness management both responded to my queries and dealt with them appropriately.

All I've ever seen from you is sniping and bitterness and general malaise - I have no idea why you bother to post and troll the board.

[1ajm] 02/8/2024 08:20

It's Feral bear / nigelpm / ash job to post how good every RNS is (it will probably cause the share price to drop) and 'shutdown' anyone who might bring a rounded or critical opinion. Only to feel it's unfair when the share price doesn't skyrocket. Don't worry about them.

[fardels bear] 01/8/2024 22:52

Feels like it to me.

[pughman] 01/8/2024 15:34

I don't post often enough for that to be the case.

[fardels bear] 01/8/2024 15:12

Whereas you hope yours will get others to do the selling for you so you can buy in lower.

[pughman] 01/8/2024 14:46

'I might average down'. No you won't, you hope your regurgitated drivel will get others to do the buying for you. What a weasel.

[ashkv] 01/8/2024 11:51

Wow an extremely low volume day - I might average down here given Akatara is de-risked and the Middle East issues could result in an oil super spike!!!

I am a sucker for pain :) DYOR :)

At 2:55pm GMT 1 Aug
# Trades 11
Vol. Sold 41,558
Sold Value £12.92k
Vol. Bought 16,272
Bought Value £5.12k