Jadestone Energy Share Discussion Threads

[oilinvestoral] 08/5/2025 09:40:53

"Why would Saudi agree to an increase in output when its break even price to balance its budget is $90 bbl?"xxxxxxxxxxxxxFireplace The Saudis have been very clear publicly that they want to regain market share. They are willing to run a budget deficit in order to regain market share. Gone are the days of subsidising poorly run shale companies by cutting OPEC production.

[oilinvestoral] 08/5/2025 09:37:40

Full disclosure guys: I have been speaking with the company recently and I robustly challenged them on the sale of the Sinphuhorm. They explained the situation to me and the rational behind the sale. Knowing what I now know, I can understand why the new management team felt that it should be sold. I personally would've liked to see it as part of the PF but needs must.


While I'm under no illusion that the road ahead over the next 6-9 months isn't straight forward specially given the current macro conditions, our high breakeven at Stagg and Montara, OPEC continuing to flood the market and the low oil price. I believe the company is doing all they can to manage the current situation.


I must admit I'm slightly feeling better about the situation and believe we can get out of it in reasonable shape. I appreciate the fact that the new management team were quick to react to the tight spot by securing the $30 million working capital facility. Who knows even my large top ups at 28p in February might even be back in profit some day. LOLZ


The 62 million CAPEX literally could not have come at a worst moment. I'm guessing we should be hearing some news from SKUA11 by the end of this month if the well hasn't been completed by annual results.


As I have mentioned on Twitter, I have asked the new management team to host an investor meet company webinar and they said they will discuss and consider it. Here's hoping they oblige.

[fireplace22] 08/5/2025 09:22:30

Why would Saudi agree to an increase in output when it's break even price to balance it's budget is $90 bbl? They are already cutting back on capital projects. It's a political move probably orchestrated with Trump. Maybe to further weaken Putin?

[nigelpm] 08/5/2025 09:16:23

I think there's some confusion there.

They didn't "have to issue a liquidity update to clarify its liquidity position"

It's important to keep the market informed particularly post RBL updates given the materiality.

[winnet] 08/5/2025 08:59:56

Using what cash exactly? The company literally had to issue a liquidity update RNS to clarify its liquidity position a mere 10 days ago!

---

And liquidity is okay... Enough to pay a small divi. Once china and the us sort the tarrif situation out oil will rise a little.

[the_gold_mine] 07/5/2025 13:42:49

China and USA going to start Tarriff talks in a couple of days, https://x.com/ChineseEmbinUS/status/1919909430939865300?s=19Common sense would suggest a deal should be forthcoming to the mutual benefit of both parties

[sea7] 06/5/2025 14:15:04

Local news on the same inauguration of akatara



indonesiabusinesspost.com/4113/investment-and-risk/government-inaugurates-us-130-million-akatara-gas-project-in-jambi

[oilinvestoral] 06/5/2025 08:52:42

RNS : Results due on the 20th May.

[oilinvestoral] 05/5/2025 21:47:17

"IMO they should pay a modest divi to ride out this price stagnation."â€"â€"â€"-

Using what cash exactly? The company literally had to issue a liquidity update RNS to clarify its liquidity position a mere 10 days ago!

[34adsaddsa] 05/5/2025 21:27:19

If Tyrus make an offer at a decent premium then I think shareholders should bite their hand off.

[winnet] 05/5/2025 11:15:47

There's a mention that Tyrus might try and take this private over on LSE. Is that realistic? Could this be another case of Joe PI getting fingered? Most, if not all holders now underwater. IMO they should pay a modest divi to ride out this price stagnation.

[ashkv] 24/4/2025 20:07:29

Does anyone recall what level or reserves move to 1p once the ongoing Skua well is producing?

Thanks

[oilinvestoral] 24/4/2025 07:39:06

Indeed with 62 million to be spent in 2 months on Montara capex, the lending review happening and oil prices plummeting due to Trump tariffs. It clearer why they sold Sinphuohorm (as I suspected liquidity was a little tight for comfort given the capex in Q2).

All in all 44% is not too bad but I prefer to get 440% ROI over many years when I invest in risky oilies but will give these guys some slack until I see the annual results.

More details of my thoughts on Twitter.

[fardels bear] 24/4/2025 07:11:56

RNS out. Talks about liquidity and cash balances. Somewhat higher than current mkt cap.

[fardels bear] 23/4/2025 22:37:34

Because he's an idiot, nige. He can smell another fifteen hundred quid.

[forrest1987] 22/4/2025 18:36:34

Just strange the losses people are willing to take here

Will stop

[nigelpm] 22/4/2025 14:35:53

Not sure why you feel the need to parrot the share price constantly?

[forrest1987] 22/4/2025 08:38:39

More extreme losses being taken

Sp never been so low

[oilinvestoral] 19/4/2025 13:45:56

Thank you Yasx! The feeling is very much mutual and I appreciate your kind words but sometimes I honestly wonder why I bother.

What else can be done more than to block & filter someone on all platforms as a sign of not wishing to engage with that person on any level whatsoever? Yet he continues to antagonise & troll to the degree of snooping around my Twitter page (which he has been blocked from). Unfortunately Musk has recently given read-only access to those who are blocked on Twitter - so there's nothing I can do about that.

Some like like the pugnacious Nigel and the poacher (who decided to come out of a 6 month hibernation since the winter of 2024 to bestow us with his investment wisdom in the form of his first post this year) seem to struggle to understand why someone who holds a negative opinion on the recent sale of a good asset still holds or continues to buy Jadestone. It's because (despite my critique of management), I still like some of the assets (Montara & Stagg aside) & the cheap valuation.

Anyway life is too short. Enjoy the long weekend guys!