Jadestone Energy Share Discussion Threads

[winnet] 07/4/2025 14:25:20

The C8 is a bit cheap inside [it borrowed many of the interior components from the Chevrolet range], but the engine is absolutely glorious, and [touches wood] there have not been any faults in 2 years. The cost is fair though, I get supercar performance for 90k. Its an absolute bargain and will kill most Porches in a straight line. Compare one in terms of performance to a Lambo, or perhaps a Mazza / Aston and IMO, its a great option.

[fireplace22] 07/4/2025 14:12:51

Your corvette is by no means the standard US car, they are far more likely to drive a European size/type model, the make quality of US cars is quite often a reason quoted why they don't sell well elsewhere?

[winnet] 07/4/2025 14:07:09

Controlled madness. I was simply illustrating that on certain goods there will always be trade deficits, I picked one commodity.

I actually own a Corvette C8 Stingray and its a great car, but it does 15mpg is 10 foot wide, and hence is never going to sold in any numbers in the EU.UK. If you want to sell your products in other markets, make them appropriate for that market. For too long American companies have looked inwards on many products, as their internal market is huge, their currency is too strong, and their electorate don't care about the environment.

[oilinvestoral] 07/4/2025 14:01:57

https://x.com/charise_lee/status/1909065198633394535?s=46&t=ySHTOHElP3t1B4beGtacxw

[dunderheed] 07/4/2025 14:01:45

I'm with 23443.

[fireplace22] 07/4/2025 14:00:30

See where that got the EU though, it's days are numbered.

[sleveen] 07/4/2025 13:57:22

So it's OK for the EUSSR to have tariffs, but clutch the pearls when Trump does the same.

[controlledmadness] 07/4/2025 13:55:38

winnet your example of using one product does not work. consider that the US produces cars so the amount of cars sold can equal the amount of coffee bought.
All he is saying is "If you want to sell to the US then buy from the US". If you want to buy cheaper from somewhere else then sell cheaper to that place.
The US has been enriching places like China and Japan for years. What do they do - buy US bonds and make more money from the US.
So he is shaking it up and working on his aim "Make America great again".
I am not saying I agree but he has a point.

[winnet] 07/4/2025 13:54:13

Asymmetrical markets are perfectly healthy and normal. That's where Trump's logic fails—you cannot have perfect symmetry and still have all the goods and services you want; each market/country is different.

Don't like your trade deficits with emerging economies - well make them richer so they can buy your goods and thrash out a fair trade deal, or, devalue your currency. Don't just slap on huge tariffs. Its like taking a sledgehammer to smash an egg

You can't have your cake and eat it America.

[kaos3] 07/4/2025 13:45:08

tariffs -

if you like higher - you should like trump, as he is adopting to the rest

if you like lower tariffs - you should have been disapproving europeans and most of the others, including china even before the recent tariffs discussion

or do we prefer unfair eg asymetrical, which also is a possibility and a personal choice

BUT...

[winnet] 07/4/2025 12:59:21

The gold mine. Yes, I agree, but trade deals are complicated, and take time to negotiate and in the meantime, business are moving their production and sales. The damage will be done before he negotiates all the trade deals...

Universal tarrfis based on trade deficits that cannot be balanced [you cannot produce coffee in the US for example] is just schoolboy economics. Likewise, decades of R&D have gone into certain products, you can't just magic new products out of thin air that consumers want, simply because they're made in America. Its beyond madness.

[controlledmadness] 07/4/2025 12:34:25

I think he is making a point. The US is not there to hand out money. You want to sell to the US then you need to buy from the US.
No more unbalanced trade.

[the_gold_mine] 07/4/2025 10:58:07

Winnet, I believe tarrifs will stay, but the percentages will drop to something less ludicrous than current.. that is my bet, let's see how we go

[nigelpm] 07/4/2025 10:21:11

It's all about getting a better deal - lots of countries are already queueing up to do just that.

[winnet] 07/4/2025 10:20:00

I think hes serious and we're seeing a paradigm-shifting moments against globalisation. It will take years for America to onshore its supply chains.

[dunderheed] 07/4/2025 09:19:27

TGM, concur but am on a watching brief still, even though the ISA allowance is very tempting!
It could get worse over the next few weeks before it gets better?
I always get thsse "timings" wrong!!

[the_gold_mine] 07/4/2025 09:17:14

Topped up £25,000 this morning, I had a lot of difficulty making the buys so had to do it in 4 lots... Trump capitulated during COVID about lockdowns when the bad news started flooding in, I expect the same to happen this time at some point over the next few weeks regarding tarrifs, albeit with a face saving renegotiation of tarrifs carried out at some point

[sea7] 04/4/2025 16:11:48

akatara is

Daily contract quantity (“DCQ”) of 20.5 BBtu/d commencing in Q1 2024

• Gas price of US$5.60/mmBtu

• Annual take-or-pay quantity set at 90% of the adjusted annual contract quantity

• Maximum daily quantity set at 110% of DCQ

[winnet] 04/4/2025 16:07:49

But thats just Akantara right. 78% of that...

[sea7] 04/4/2025 15:39:32

As required by the RBL facility, at 30 June 2023, the Group had entered into oil price swap contracts for 4.2 mmbbls, representing approximately 78% of the required hedging volumes, at a weighted average price of US$70.29/bbl. The hedging programme was subsequently completed in July 2023, with 5 mmbbls hedged over the Q4 2023 to Q3 2025 period at an overall weighted average price of US$70.57/bbl

[winnet] 04/4/2025 14:26:13

It's getting bummed.

I wonder what the implications of all this will be in the medium term...

[fireplace22] 04/4/2025 11:30:16

Thanks, That's only about 25 days of full production or 50 days production if half hedged. (ignoring gas). Not a lot.

[winnet] 04/4/2025 11:23:15

p30 of feb 25 presentation. half a million barrels at 69 bucks are hedged.

[fireplace22] 04/4/2025 11:12:54

Cheers, then, no doubt, we'll sail through this minor difficulty! :-)