Jersey Oil And Gas Share Discussion Threads

[leewain] 08/11/2020 08:07

Several factors to consider including the cost of production, the forward oil price, the profit margin and the changing landscape towards oil. Most big producers now are turning to green energy and away from fossil fuels. ESG scores are now the major factor in investment decisions which doesn't bode well for oul explorers or producers. A speculative punt at the best but not at this price, too expensive at this price. Await a drop to the 50s at NAV.

[mariopeter] 06/11/2020 12:13

Will not be saying that when some farm outs happen. 120 mmbo recoverable in the North Sea will not be ignored.

[kakapo1] 05/11/2020 16:19

Now erstwhile committed PI's are getting very nervious having realised only recently, the levels of remuneration the Execs are recieving. Did highlight the enormous pay increases a few months ago and an informed poster thought it small change in the scheme of things. With the cash reserves and share price moving progressively lower,high wealth holders are becoming extremely jittery.

As can be seen from the changing dialogue confidence in the BOD is dissolving, never a good sign.
Is the writing on the wall now majors are retracting or delaying operational/investment decisions?

[catchingmice] 05/11/2020 13:56

Fair point you have made there but I'll hold out in here I'm in no rush

[catchingmice] 04/11/2020 10:40

How do you know the stock is under investigation Can you please elaborate on that and what source this is from ?I await your response although i don't expect anything back from you that can confirm what you have stated

[johndoe23] 03/11/2020 17:38

Are you shorting?

[hsfinch] 03/11/2020 14:13

This share should be well below 50p. It's way over-priced at 77p

[catswhiskas] 02/11/2020 21:02

If you are referring to the board of directors at JOG I have not posted anything libelous as I have not insinuated they are liars in any shape or form. This stock is under investigation and I think you will find in time my insinuations are not far wide of the mark.

[catchingmice] 02/11/2020 20:51

I would be very careful if i was you insinuating that several members of the Board are liarsDo you not realise what you are saying?Have a hard think about it and in future give that brain of yours a wobble before you start spouting off otherwise you could be liable for what you have writtenTheMICE

[catswhiskas] 02/11/2020 20:31

Bulletin Boards are only the tip of the iceberg a tool used by some very clever and cunning individuals to suck in the herd build momentum and create sharp share price rises especially in illiquid stocks such as this.Benitz will probably come up with the news everyone's been waiting for after these con men are long gone but make no mistake thats exactly what they are.

[36redhill] 02/11/2020 19:49

Do you seriously think that someone who has invested that sort of money would be influenced by a gossip board. FFS?

[bones698] 02/11/2020 17:20

I see my post from 13th october turned out to be spot on . The decline has continued . Funny how some people have now gone quiet after saying this was turning and may hit 110p within days only for it to be 77p now . Some people really need to look at who the liars are in these boards and it's not the bears but the bulls . Oil in feline as the second wave kicks in and high cost high risk projects will become uneconomical to take on .

Still expect this to fall further as the cash declines and the chances of development recede .

[kakapo1] 02/11/2020 11:15

Is someone dumping or the trades are wrong?

50000 sell at 72p.

What is going on here?

[hsfinch] 27/10/2020 21:45

Heading into the 70s.

[rbonnier] 26/10/2020 23:41

A full complaint and a report of the trades has been sent this morning I hope the perpetrators behind this share scam get what they deserve large fines they will need the profits they've made from this scam to pay them .

[mariopeter] 26/10/2020 18:58

The words "reporting trades to the FCA" are a trigger to buy for some with good market knowledge!

[highlyunlikely] 26/10/2020 12:46

CW - I suggest you check the relevant sections of the Companies Act on this. It is a listed company's responsibility to issue RNSs relating to significant holdings based only on disclosures about holdings made to it by significant holders, either existing, joining or leaving the list. Thereafter, it's only obligation as far as I know is to disclose significant shareholders in its accounts (usually in the Directors' Report?) as recorded in the independently maintained share register (JOG also provides quarterly updates on its website - the latest to 30 Sept already linked).

In summary, a RNS relating to significant holdings is only triggered by disclosures made by relevant holders. It is not JOG's responsibility to issue RNSs setting out what the share register shows. You might find the linked article helpful. There are no real penalties imposed on individual companies/individuals for failing to make the necessary disclosures. Griffiths didn't make the required disclosures either and nor do loads of other individuals/companies across AIM. Pitiful regulation as usual - the powers that be don't want effective regulation because they would make less out of it.

jmofwiw/dyor

[catswhiskas] 26/10/2020 10:25

They sent out an RNS on the 10.9 to inform the market that legal and general had fallen below 3% and regardless of what it says on their web page the notification to the stock exchange is final.JOG need to issue a correction to rns issued on 10.9