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QED.
I rest my case, m'lud.
Hi CC
No problem with you trashing a share you are invested in 😂
Please can you provide a link(s) to this info that’s apparently available online?
Cheers
Don't worry Mango,
As I know u like studying mind games, the great thing about AIM is you can stand in front of someone ( metaphorically ) and tell them the truth and they will be 100% convinced you are lying to them.
Bought a miniscule 25 sqkm block of land with zero production, just a dead camel next to an old drilled well that had started leaking ... complain to the Government after you'd bought it and then did a site visit - all online to be read.
Or if you want people to buy your stock tell them they've bought a piece of land where oil has been found rising to the surface ... and you are going to pay them in stock at 4p and final cash at $5m.
If the plot cost you say $50k and you redrill one well with a G40 rig for $2.5m ( CASP pays ) , sell those shares at 3p each? great business to get some easy cash.
Another question is, why didn't CASP buy this piece of land for $50k? it was in the Government auction and they had RNS's that they were looking for other projects you would assume they were aware the Government had announced another block sell ?
Why have they waited 8 months from auction sale and then bought it from this New Co owned by the nephew that have been registered in the UAE?
The Nephew that runs 3A - Best, is a shareholder in Casp, they are very careful to point out he has nothing to do with running the company so everything is arms length because he also now owns Block 8 and West Shalva, which while they never realised was for sale have now realised a great piece of business it would be to buy them for multiples over recent acquisition costs.
It stinks and I realise i'm trashing my own investment.
I am with Jimmy, although my optimism is starting to show the possibility although NOT confirmed signs of despondence.
I am unable to get a doctors appointment to get any of this confirmed!!!
Divermike
Mostly 4.5 for me too. Despite having moments especially in the last few days of it being pushed lower, and questioning.
But in an odd way, the more the obvious traders show their cards and try to use this forum to help them, the more it reinforces my own view.
Quaytec,
I'm with you.
I would add footy commentary words like gutted, blindsided etc etc.
I'd figured Kuat had handsomnly repaid himself for the cheap boat price by ripping $60m out for block 8, another unproven field with an expired licence and no firm production figures.
The nephew bought West Shalva in 2023 with a dead camel next to a leaking abandoned well, hexwill have gotcit on the cheap as the Govt said no ones buying, last auction some blocks failed to sell so now invite buys from individuals who can band together and kazak nationals.
It's only a 25sqm block, they were selling 500 to 5000m blocks for $430k to $1.5m ( all info online - look it up)
How can they put this through at $15m 8 months later , with no work done and an assumed ecological clean up bill to be paid?
Straw that broke the camels back ...
Yeah, he's right you have to watch out for newly invested, either a bit clueless or pretending to be,rampy 7uckers like this poster...
"What ages are Carver and Kuat? Presumably they will be seeking a comfortable retirement at some point in the not too distant future. Look at it from their viewpoint and with the extra info they have at their disposal.
Do they and the Concert Party in general want an exit at a much higher valuation? Of course they do, and the time for that exit is probably drawing a lot closer. For holders who have been in this a decade or more, who feel this has gone on forever, it may not seem like it, but that has to be the reality. If people don't like or don't understand some of the strategy, then go along to the GM in a couple of weeks' time and get some explanations.
No way I'm parting with any shares until this multi-bags from here. Period."
Bluemango
Neutral
Optometrist
i'll go "concerned" for the fact it looks to me the kazaks are offloading more **** onto us.
BM, No4 and No5 for me 8-))
Influences enough to move the price, that is. Sad that it even needs to be said, but that's life and human nature. Even understandable.
Worth bearing in mind, that's all. Way too many posts from me today, so I'll stop there. ...
And for anyone thinking 'nobody posting here influences others in their buys or sells', I'd say it it was a FTSE 100 stock, absolutely right.
But with a very limited free float, thinly traded Aim stock, largely news driven?
I think you need to add in
Wary
As in wary of poster's posting positive or negative news
These forums are great for exchange of research and opinions.
Unfortunately they can also occasionally be used to influence the unwary. I'd love it to be possible to have a weekly tally of how many people reading this thread are
1. Frightened
2. Concerned
3. Neutral
4. Optimistic
5. Excited
And how the average of those ratings varied week by week.
Greetings from Avignon to where I have escaped from the dodgy English spring.
A good critique of Crony Capitalism going on here, but didn't we all know this already?
I mean we are all invested in an AIM company which is owned by a family of tax dodging elitists in a country with questionable democratic credentials.
To those of you new to this company, there are some posters here whose opinion on its prospects blows with the wind, or more precisely with their latest strategies. I advise you to wake up and smell the.......
DM, - Is camel meat cooked in 38 API oil, let me knowvl how it tastes ;- 0
Coffeemug, - as per mind your clueless wobbler, Whoooooshhhhhh!!
That $15m is deffo a steal, get Yr missus to look up the register...
Positives .............. Camel meat is over £34 per Kilo, now there is something not to get the hump about
There's a lot of negativity re the timing of buying the WS block and finding one dead camel, oh dear!
Anyway let's talk about the positives instead.
The reservoirs anticline is wider than the next door Shalva block and better sealing.
The oil is around 38 API.
It has 3D seismic across the 25 km2 block.
Closer to treatment and distribution hubs than BNG/ Block 8 - less transport costs.
The important thing for me is the Triassic reservoir being shallower around 1,100 meters apposed 2,000m+ on BNG, which means drilling a well might only take around 8 weeks to complete with production kicking in pretty quickly, and less challenging to drill.
I think $15m will prove to be a steal though timing could have been much better as discussed.
A CPR next year would include the WS OIP number and may be some initial 2C/2P Reserves with a few wells drilled adding to the T/O value. IMO.
In the short term I don't expect an Op's Update until next month (end of) when we can expect the 155 and 806 Wells to hit TD, A5 Deep Well news will probably be included, so I see the share price drifting down further in the meantime, especially when 99m shares hit the shares issue count month end.
A Specialist onboard to remove 141/ 802 wells stuck pipes and Block 8 license renewed could come out anytime so only see these two event having a positive impact on the share price, Specialist talks after months of negotiating a deal seemed more advance two weeks ago.
If the share price declines further that's fine by me as it's a huge buying opportunity, it's all about Q3-Q4 and having as many shares as possible to start off-loading then etc..
Re WS we'll see soon enough if it was p iss poor timing/ buy......
Joe,
Good post.
I don’t believe that they will lose the vote to get this through. Pis only own 15% max and the other 35%, the Al Marris , Benny, DAE Han hold 20% and the other Kazakhs , Sagdievya, Kerimbayev, Ramazanov, Zoldybayev etc all probably amount to 10% and then there’s the odds and sods. This gets voted through.
I’m hoping that this is the last sweetheart deal before they release positive news, their last feed at the trough before selling the shallows and getting CE cash.
Next 3 months are definitely going to be VERY important, good, bad or indifferent.
Spot on there CC, ill admit i,ve cut mine down this week. These family sweetheart deals are getting a bit ridiculous now.
You might Jimmy.
I think it is fantastic news that we are buying another oil block with no production and a dead camel by the side of a leaking oil well, on top of the other overpriced oil field that may or may not have 100 bopd but is no longer producing anything ( info courtesy of Somm / Flawless Hicks via the Companies RNS ).
I wonder at what depth that well is blocked at ; )
Give it a go mate, just don't bet the farm I think that's what most of the longer term posters are saying.
We are still invested in here but if you ask around everyone's cut their position's, even Smarmy's admitting he sold a load although it looked like he was buying some back earlier.
The MJF and South Yelemes being sold news was good, as was the discussions for the two boat contracts ( now one ) as was the sale of 50% of the KC Caspian Explorer ( fixture cancelled due to rain ) ...
Blue mango
Your not going to get the price to drop by talking it up ????
"forced to buy the boat from another Oraziman company"
A boat that looks like being highly lucrative for the company, but I get it - today is clearly 'let's have a downer on casp' day!
"had parents who were ' Generals ' under the old soviet system" -- this is why the Soviet military were all about quantity rather than quality -- because anyone with the right connections and a love of uniforms could be a General !