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My gold miners are the salvation of investments this year. I sure hope this acid works. The other acid they were talking about must have been the Purple micro dot variety.
Buy Cheap Buy Twice ...
a deep online weve been down this rd so many times if you cut corners in anything you do you pay the consequences. Drill a deep right and youll reap the rewards. Drill one like a5 and it ends up knackered. How many years been trying. Nice placing to support caspian explorer docking fees. What is our bod thinking
18 wells to Spud - third done and 4th to start (152well) this month.
4 deeps to acidize this month and the 151 well to add to production.
Call me an optimist.
Hopefully no more whining and more wining and dining very soon.
Don't be like that Rhertig, 7DIG and Syme are flying today its not all bad fella .... both look great year long holds ....
Dam so much for a monthly check in. You guys are depressing. ;(
jmr hope you are not bricking it already.
IMO, BoD will want to exit their 3.2p shares first and then the placees at 2.75p. Nearly 50mil shares to be dumped ... same as the rig seller who caused a 100% drop. The boat guy might want to join in too. What will that do to the sp from this level.
It's not held the support at 2.90p .... so where's the bottom now??
This looks like a poor mans ENRON !
Yeah i've sat on some stuff for a while, theres loads that could be picked apart.
There is another Company that has 118 subsidiaries .... what a potential house of cards a Co structure that complex could be.
interesting. didn't notice that before.
So let me get this straight ... KCE (o/b KO) lends money to Casp (o/b KO) which is used to pay KSEK (o/b KO) and then Casp (o/b KO) pays them both in shares to buy out their assets (o/b KO) ??
1. The acquisition of the Caspian Explorer will mark the Group’s first step into off-shore exploration, which is typically more expensive and complicated than on-shore exploration -
IDEA SCRAPPED - with oil at $40.00 and all the majors pulling in their horns and cutting costs ?
2.Annual cost for Boaty McDrill Face $1.2m.
KC EXPLORER lent Caspian an amount identical to the boats mooring fee's, at the time we didn't know the boats annual mooring fee's were .... what was this $1.2m used for ?
"a) During December 2017 Eragon Petroleum FZE (a subsidiary of the Company) received a US $1.2 million loan from KC Caspian Explorer (KCCE), a 100% subsidiary of Prosperity Petroleum Ltd ("PPL") under a loan provided by PPL. PPL is a company controlled by Mr Kuat Oraziman and therefore a related party of the Group. The loan is interest free and matured in December 2018. On 21 December 2018 the loan was extended till 31 December 2019. On 23 December 2018 Eragon Petroleum FZE assigned the loan to Mr Oraziman making it interest bearing with the rate of 7%. The loan extension represents a substantial modification of the terms of the existing financial liability and has been accounted for as an extinguishment of the original financial liability and recognition of a new financial liability."
PPL lent KCC Explorer $1.2m, then KKC Explorer lent Casp $1.2m at 7% interest charge, then that loan was negated and transferred to Mr Kuat Oraziman at 0% interest.
That is a coincidence isn't it ...... was a 7% coupon but then re "assigned the loan to Mr Oraziman" at 0% ...
LOAN CANCELLED.
Sept 2018 https://investegate.co.uk/caspian-sunrise-plc--casp-/rns/interim-results-for-the-period-ended-30-june-2018/201809280700032322C/
Inclusion of the Company's shares in the AIM 50 index
We were pleased to accept a recent invitation for the Company's shares to be included in the AIM 50 index.
IDEA CANCELLED - lack of research from CASP led to them jumping the gun.
Sure this is going to come good .....