President Energy Share Discussion Threads

[dimpkins] 07/8/2022 16:43

Sounds like they are the seller, maybe wish that Santa is real?

[piperpeter] 06/8/2022 22:22

I wish something the size of Trafigura would reverse in to President Energy plc.

Pp.

[bengal1] 06/8/2022 22:14

Some crazy numbers....Trafigura’s total credit lines reached a record $73 billion at the end of March, split across 140 banks globally and up from $66 billion at the end of September, the company said.

[bengal1] 06/8/2022 22:09

The trader posted a record first-half net profit and core earnings on the back of extreme volatility across commodity markets. Net profit was $2.7 billion, up 27 percent on the same period in 2021 while EBITDA was $4.7 billion, up from $3.7 the previous year.

[piperpeter] 06/8/2022 21:36

How do Trafigura's interim results look?

Pp.

[bengal1] 06/8/2022 20:58

Interesting. I remember you from Urals Energy.

[piperpeter] 06/8/2022 19:00

March 15?

Pp.

[brasso3] 05/8/2022 09:03

Sells at 1.24p today.

[brasso3] 05/8/2022 07:29

56 days until Q4...

[brasso3] 04/8/2022 18:33

What happened to well 4 and 5 from DP/PG?

[crimestoppers1] 04/8/2022 17:13

it makes no sense at all to have a share buyback program unless all legal issues are %100 settled. The BOD has already taken the first step in sending PL to greener pastures. Trafigura wants no part of the PPC risk ,no matter the upside, so they are running away as fast as they can. We will see what the next concrete steps the BOD will take in cleaning up this mess. the first rule in getting out of the hole is to stop digging deeper. with PL out I believe it is a step in the direction. although the PPC legal issues are still there but with main perpetrator PL out, it allows PPC to make rational decisions in resolving it.

[bengal1] 04/8/2022 16:11

Where is the Paraguay drilling news?

[bengal1] 04/8/2022 16:06

Why don't they publish the Q2 Argentine Regulatory Report. Must be good on the cash.

[brasso3] 04/8/2022 15:37

The BoD do not look at the share price so maybe someone should send them an e mail to inform them we are at 1.25p!

[chris cat] 04/8/2022 15:35

And the never ending drip goes on

[brasso3] 04/8/2022 14:47

57 days until Q4...

[brasso3] 04/8/2022 10:07

Argentina Vows End of Money Printing to Battle 60% Inflation

- Massa became Argentina’s third economy minister in a month
- Massa outlined new strategy focused on increasing exports

Argentina’s new Economy Minister Sergio Massa pledged Wednesday night to stop printing money that helps fuel runaway inflation, outlining his strategy to turn around the country’s deepening crisis.

Massa rolled out his economic roadmap after being sworn in by President Alberto Fernandez as the third such minister in a month. Massa’s measures also focused on boosting exports, reducing the country’s fiscal deficit and increasing the central bank’s dwindling reserves.

Massa inherits the enormous challenge of taming inflation that’s now over 60% and expected to reach 90% by the end of this year. Cut off from international capital markets, Fernandez’s government has relied on money printing to cover its chronic fiscal deficit.

“Magic doesn’t exist,” Massa bluntly told reporters in Buenos Aires. “We have to confront inflation with determination.”

The government will finance its budget by reducing its deficit or via private lending. The country is considering four loan offers by three international banks and a sovereign wealth fund, he said, without providing a figure of the potential deal.

[brasso3] 04/8/2022 10:04

IGGs recent share buy back is also working well.

[rizzzla] 04/8/2022 09:59

I would imagine the share buyback would have been the preferred route from the majority of shareholders here

But its clearly not going to happen with the consolidation

[brasso3] 04/8/2022 09:28

Bengal

The 500k at 1.255p looks like a sell to me!

[brasso3] 04/8/2022 09:04

The market was already aware that the above would take place as JSE had already risen from 80p to above 100p on anticipation of the news.

[bengal1] 04/8/2022 09:03

Buys showing as sells.

[brasso3] 04/8/2022 09:02

Jadestone Energy PLC

02 August 2022

Launch of Share Buyback Programme

2 August 2022 - Singapore: Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia-Pacific region, is pleased to announce that it is today launching a share buyback programme (the "Programme") in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 30 June 2022.

The Company will enter into a buyback agreement with Stifel Nicolaus Europe Limited ("Stifel"), who will conduct the Programme and repurchase Jadestone's ordinary shares of GBP0.001 each ("Ordinary Shares") on Jadestone's behalf. The buyback agreement will grant Stifel the authority to enact purchases and make trading decisions concerning the timing of the purchases under the Programme independently of the Company. Purchases may therefore continue during any closed periods of the Company.

The maximum pecuniary amount of the Programme is US$25 million and, in line with the authority granted to the Company at its Annual General Meeting on 30 June 2022, the Programme will not exceed 46,574,528 Ordinary Shares. While the Company has launched the Programme, there is no certainty on the volume of shares that may be acquired, nor any certainty on the pace and quantum of acquisitions.

[brasso3] 04/8/2022 07:58

Is there a reason that you did not post the June production figures from Argentina? lol

PS I already know the answer!