Jadestone Energy Share Discussion Threads

[croasdalelfc] 13/2/2024 07:51

hTTPs://www.offshore-technology.com/news/woodside-energy-assets-sale/75m 2P 82% gas and $150m a year cash flow until 2027

[nigelpm] 13/2/2024 07:50

Unlike management would willingly put further pressure on share price so premium wouldn't surprise.

[nigelpm] 13/2/2024 07:49

Then it's a question of price. Harbour managed to get a significant premium in recent reverse takeover.

[nigelpm] 13/2/2024 07:48

Yes.. large equity element I'd expect also.

[nigelpm] 13/2/2024 07:47

Depends on price croas... Doubt there are too many other bidders for the assets.. they must be close to a draft agreement to have suspended shares. Very interesting development..

[stemis] 13/2/2024 07:46

Paid with shares as it effectively says

[croasdalelfc] 13/2/2024 07:45

Would take them to ~circa 50k with a good chunk of fixed price gas . Montara would be 10% of the enlarged group. Would have preferred the rest of CWLH tbh . With backdating and forward payments paid by liftings

[nigelpm] 13/2/2024 07:44

Wise to suspend shares even if it give me somewhat of a fright seeing that RNS first!

[basem1] 13/2/2024 07:41

A positive as long as they do not overpay

[nigelpm] 13/2/2024 07:40

Financing presumably.

[royalalbert] 13/2/2024 07:39

How's that paid for???

[nigelpm] 13/2/2024 07:38

Didn't expect that. Would be a huge acquisition.

[basem1] 13/2/2024 07:35

A bloody placing I bet

[nigelpm] 12/2/2024 21:54

I'd guess BG have taken this down again.

[sea7] 12/2/2024 20:25

Could be FB - also...



Even better for the bulls, StanChart has predicted that this surplus is transitory and will flip into a 1.6 mb/d deficit in February. The Energy Information Administration (EIA) is even more bullish and has forecast a 2.3 mb/d deficit.

[fardels bear] 12/2/2024 20:19

With a bit of luck it'll that Baillie Gifford lot clearing out.

[sea7] 12/2/2024 18:50

with a chunky, near 2 million share trade gone through after the bell, it looks like a capitulation day for someone

[mount teide] 12/2/2024 17:34

'In the first 6 weeks of 2023 global oil inventories rose by 40m bbls. This year? They have fallen by 81m bbls, and now stand at their lowest levels since Kpler data began (2017), despite absorbing 268m net barrels from the Strategic Political Reserve. Stronger-than-consensus demand + "will and intent" matter!'
Eric Nuttall - Ninepoint Partners

[fardels bear] 12/2/2024 12:27

Cheers, dh.

[fardels bear] 12/2/2024 10:47

Thanks KS. Let's hope so..

[dunderheed] 12/2/2024 10:47

Yes excuse me manners FB. Happy belated birthday matey!

[king suarez] 12/2/2024 10:44

Belated happy birthday, FB. May JSE get back to £1+ as your/our present!

[fardels bear] 12/2/2024 10:33

I've got loads of socks..

[dunderheed] 12/2/2024 10:15

As I keep on telling people who insist on buying me presents, a man can never have too many boxer shorts or socks!!

[fardels bear] 12/2/2024 10:11

I just had a birthday, KS..News due on second CWLH acquisition this week..