Jersey Oil And Gas Share Discussion Threads

[nestoframpers] 04/10/2022 20:58

360 to 330 in 30 mins PMSL . Hold your course all hands on deck.

[chutes01] 04/10/2022 20:31

Parkmead chart will follow in next few weeks

[pcok] 04/10/2022 20:03

Surprisingly few comments for such a trampoline day. Could be speculation, pumpers pumping and the rest but it could just be the first real indication of smoke on the wind. And you know what they say about smoke...

[catchingmice] 04/10/2022 15:58

Still some Gas left in the Tank until 4.30 Like i said plenty of NT trades to come through before then

[thedudie] 04/10/2022 15:57

I think we are still some way off an RNS of a Farm Out/capital event BUT the company has indicated they have engagement with multiple counter parties with multiple optionality on the approach to extraction. It is getting clearer to me that a deal is likely to be done. I think evaluation of proposals will still take more time. It is complex.

[marvelman] 04/10/2022 15:49

An RNS must be close now

[catchingmice] 04/10/2022 15:48

I expect this will creep up a little higher before close once all the NT trades are finalised3,500 and above now for NTJust shows theres not a lot about in circulation

[catchingmice] 04/10/2022 15:24

On the move up once againnot quite sure where we will finish come friday closeMaybe a little sell off or more BuyingHappy Days

[catchingmice] 04/10/2022 12:54

Still NT Trades 4000 Shares & above

[catchingmice] 04/10/2022 12:38

That's the 3.35 HITMuch sooner than i imagined

[catchingmice] 04/10/2022 12:34

No leak in my opinion This has been coming for a long time especially when the former CEO of Ithaca energy was appointed.Quality appointment which brings just rewardsThe whole purpose of LT with his 35yrs of experience in the Nort Sea was to take the Company through its next phase of growth.You pay good money for the right people and it certainly bears fruit

[x54v] 04/10/2022 12:22

“the best assets will be developed first and Jersey has undoubtedly one of the best underdeveloped assets in the UK North Sea. In fact, it is one of only three pre-Final Investment Decision (FID) projects with resources over 100mn barrels of boe.”

“it doesn’t take a genius to work out that a successful farm-out to a well-funded counterparty could create substantial value for the company’s shareholders. In fact, analysts’ target prices – Arden (700p), WH Ireland (722p) and finnCap (572p) – could be erring on the low-side in the event of a major liquidity event materialising.”

“The majority of interested parties are expected to complete their technical due diligence in October 2022, so shareholders shouldn’t have long to wait to discover if a company transformational deal can be done.”

“The company’s share price … could easily double or treble if Jersey hits the big time with its farm-out discussions. Buy.”

[thedudie] 04/10/2022 12:13

This business is either worth £20 / £30 / or whatever per share or there is no interest and it is worth virtually nothing. The odds have tipped firmly in favour of the higher outcome. As they said a couple of weeks back ....

GBA farm-out process advancing as planned, with continued active engagement with multiple counterparties

-- Substantial progress has been made, with the majority of interested parties forecast to complete their technical due diligence in October 2022

-- Constructive commercial discussions are taking place with potential counterparties

Doesn't sound to me like there is no interest.

[marvelman] 04/10/2022 11:57

Tempting to sell for many with even the last two weeks increase giving a very good profit. Something happening to cause this frenetic share price movement so not the time to take profits until news which is surely imminent

[catchingmice] 04/10/2022 11:41

Well it could be HIT imminentlyLOL

[catchingmice] 04/10/2022 11:38

Bang on the 2nd resistance @ 3.20If this holds there is a possible move towards 3.35I'm not saying it will happen as we may see a few taking profit but it's on the CardsStick or Twist?I am certainly Sticking with what i have

[catchingmice] 04/10/2022 11:19

4000 Shares and above is Currently NT

[marvelman] 04/10/2022 11:14

Thanks CM..

[catchingmice] 04/10/2022 11:07

I wish you well and sincerely hope this rewards us all

[marvelman] 04/10/2022 10:55

Bought in here after reading those Interim Results which looked superb. The relentless move on the offer and consistent difficulty to buy in volume suggests a serious buyer rather than PI's. Patience and nerve now. Edit... and not to forget this is still only circa £100 million market cap

[catchingmice] 04/10/2022 10:51

Let's see how it plays out and then we can give him the Thumbs up if he's correctGL

[36redhill] 04/10/2022 10:20

Zak Mir. Cursed.

[catchingmice] 04/10/2022 09:43

Plenty of interest in JOG now Pi's taking their positions and holders adding for what we hope is game changing news coming our way