Member Info for Beynon

12p means less shares than 10p to create a degree of arms length.

Easily buried in an exploration company in khazakstan - just don’t look at it until the oil price goes up. I doubt casp’s Auditors look that close in any regard. I am sure the “data” available supports a value of immaterial difference. Considering the deal was permitted to go ahead is quite frankly disgraceful. Note aswell we have a commitment to spend another $2m on development which will no doubt be with the related party family drilling contractor. I was chuffed back in November when a5 flowed. We are about to cross into June and we have taken but steps sidewards and backwards. How on Earth we get three wells flowing and a fourth spud when we are sharing rigs, pipe and mud between them all. Rigs are at an all time low cost, drill pipe is overflowing yards amd sold for scrap prices and I am sure mud be as abundant as at a Glastonbury festival.

flawless - do you think the market believes that a5 is flowable at 1000, or that the decline from ~3500 to 1000 would continue thereafter to nil?

Well wouldn’t that be lovely. Again, though, with the rns - is it a stuck pipe or coil tubing that is the issue at a5 - is the coil gone and it’s just the stuck pipe again? The reason seems to change every time. As of the incestuos use of drilling equipment that is a recipe for delay laden with predetermined escape routes for Clive’s next rns. I still think a5 is chuffed and will be p&a. Good news on 801 though and I will be staying tuned

Hi rhertig- will give you mine for 13p the was this is going at the moment

Just so dead at the moment - classic casp communications. All to play for but no idea what the game is, same old. Let the price languish so this deal can be put through ..... just get a move on this is dull even for casp

Hit $80 - this is the time to start putting news out!

adz - likewize - @david02797653 cheers

what happened to the old aim anecdote that when the trolls were around news is just around the corner, lol. The news flow from casp has been slow enough to drive those boys away like weeds in a nuclear winter.

Here. Mobilising the rig for a5 will definitely take time and they have not confirmed if they have or will or where that rig presently is..... could be many many story book endings for that one. I still believe that a5 will be a p&a as the 1000bpd will likely not be maintainable. Only when one of the other rdeeps comes in will it be dropped. No doubt a bird in the hand until a later date. I have no idea what they are up to at the moment. Riding the price down holding cards or with a mixed suit lower deck hand holding for the river.

Accounts are not far away

I believe it is their dislike of dilution to their shareholders that is causing the delay. Pad it out from operational cash and no dilution. Do the math on results now with dilution versus results maybe tomorrow likely now would be better to us.

Eggs and 801s basket..... now. I still think A5 is p&a and they are just waiting on some news to offset that which will likely be 801 and commencement of a new deep. Feel more and more like a mushroom

Tubing not riding - that’s what they are doing to the sp

No timelines now just as long as it takes. Sounds like they have the riding stick again if they have to drill it out? Thoughts?

Has punted Iran. Could be an interesting time for the oil price if demand continues. Maybe a good time to release some news...... Clive - just saying.

Lol

Cynical as ever but Clive will have his work cut out with the annual results now being CFO. Possibly this will be rolled together or possibly this will be delayed per track record

The chestnut of old chestnuts my good man.

Sorry - the shallows are producing not the deeps