Jersey Oil And Gas Share Discussion Threads

[hsfinch] 07/9/2021 15:38

Looking at the PR, they ain't planning to find a lot more gas. Just proving up what they think is there and that it flows ok. Coz without that they cant even think about raising money for the project or even farming down. Failure to get somebody onboard to share the well cost will simply confirm that there's very little interest out there. Let's see what unfolds.

[mariopeter] 06/9/2021 16:58

Thanks for the warning hsfinch only in for pre-spud rise but you should look at KIST.

[hsfinch] 04/9/2021 23:34

Look at all the gas projects down the west coast of Africa...they don't happen. And Chariot's project ain't gonna be no different. You could be waiting for years with cash raises along the way to pay the overpaid chancers who work for the oilies.

[mariopeter] 03/9/2021 16:12

There will likely be another event that causes the share price to gain in value and shareholders should be on major alert when that happens. Not ready to come back in here but good luck to all holders.

There must be a way of gradually building from a much smaller cap-ex for example and expand it when necessary but new management thinking might be required.

Always an outside chance someone will love the work that has gone on and will fund as is. Boy the rewards would be titan. Apache Oil are not far away on the license map.

Not dead yet.

[rbonnier] 03/9/2021 14:37

Hi kakapo1 I think I will hold off on those buys this is in free fall and looks to be heading for a cash in the bank valuation .Considering there has been no material bad news even I am astonished by its demise and spectacular collapse in such a short period of time.

[chessman2] 02/9/2021 14:23

Hd, I’m still here with a sizeable holding and am happy to continue following our team leaders at JOG. Hopefully they will look after us holders! Most reasonable holders are now at the lse site.

There was quite a flurry of buying on 31st August but certainly less so today. I hope you noticed the large 300,000+ deals last week. I couldn’t make them out. Perhaps we have found an interested party after all.

Fingers crossed!

[kakapo1] 02/9/2021 13:41

RB your weak confidence is commendable, however unless a Trader, LTH are being stung big time. The way matters are being handled is almost like Chinese Water Torcher for LTH's.
The departure of Equinor, who had seen the data of GBA and knew everything to know about Verbier, was the warning signal. It was stated JOG wanted to retain operatorship whereas Equinor with it's vast experience could not accept being understudy. Believe what you will, but Equinor are a commercial company who want to achieve profits, which they clearly could not see given a 50/50 partnership.

RB this is a traders stock, it will spike again on news and slip back as time goes by.

GLA

[rbonnier] 02/9/2021 12:36

Time to start buying in here the bigger holders have sold and the herd of smaller pis have followed them like lambs to the slaughter.As if AB and RL are going to raise £15m in a 165P placing to let it all crash and burn 6 months later !
The likes of Amati would be furious with them for being led up the garden path and stung for millions .The BOD would probably face a shareholders revolt at the next AGM and face being kicked out so AB and RL would be on the dole with a load of worthless shares to their names RL in particular with 3%.I don't think so somehow .
It would also mean all the brokers covering JOG and Malcy are also wrong nope its time to buy the larger holders and small private investors have got it wrong imo and will be sorry I'm buying .

[rbonnier] 02/9/2021 09:58

I think the majority of the positive guys on the other thread have sold out hiddendepths even highlyunlikely may have thrown in the towel I sincerely hope he is ok .As you say someone is propping the price up and I have a feeling the sellers here have been a bit too premature as it was clearly stated on Tuesday the Farm out was ongoing with no mention of any change to the time scales already advised .If they have sold out and that news hits the 7 am rns there are going to be some very serious regrets .

[hiddendepths] 02/9/2021 09:42

There doesn't seem to be even one positive poster on this stock any more. Makes one wonder who is propping the price up - and why.

I know that some of the negativity emanates from usual suspects but not all of it.

[hsfinch] 01/9/2021 08:06

Lol...management will keep on taking big bucks until there's nothing left. Then they'll ask for more. Two years to carry out studies that should have taken 6 months....and now the Greens are in power in Scotland. Get out of JOG (and Scotland) whilst you can.

[jtsouthern146] 31/8/2021 13:30

The goalposts move and the believers believe even more strongly. It’s just textbook it really is. The salaries continue and the poor PIs of this world continue to talk confidently about which they know very very little. Nice spin.. let’s not talk about the lack of a farm in and the lack of funding and the lack of 2022 FId but lets talk about how we get rid of a few mmscf/d of fuel gas and what good people we are for doing so because we want to do the right thing. All hail the emperors and their very very finely stitched clothing.

[xxnjr] 31/8/2021 10:44

Kicking the can down the road again.
May never get developed.

[dawallwork] 31/8/2021 09:39

This is heading sub 75p very quickly, CEO now fobbing off investors with that last RNS. Originally bought sub 75 and in 50s and sold at 220p+ will look at doing the same again subject to more positive news feed in future. Why would anyone buy this right now?.....and if you wouldn't buy it right now why hold it particularly as positive news looks a long way off now!

[kakapo1] 31/8/2021 09:31

More if's and buts'. Timelines appear to be slipping. Is 1st Oil to be 2025 or much later? Prototype Electrification may be a great innovation, but it still has to work efficiently. Investor should have read the RNS in it's entirety. It talks about conversations taking place regarding Electrification, the OGA and 3rd PARTY Funders. Does this indicate JOG are prepared to go it alone??

[paleje] 31/8/2021 08:33

More BS from these weasels but, according to todays Times, applications for new UK O&G development licences over the next 3 years number 16 so far despite the concerns about climate change.

[cantrememberthis2] 31/8/2021 08:30

Yes had this a while backHTTPS://mobile.twitter.com/DeepValueHunte1/status/1432606548526829572