Member Info for bobsson

T. Agreed, although we had the strike(s) many years ago. We know the oil is there we just need to produce it.

Its not a general ops update, its two specific bits of news, lumping it as one RNS saves money. CASP are cash strapped, have breached terms of a number of their licences, so have to act in such a way as to try to stay in favour of Kaz ministry. So 3AB is a necessary step and could bring in substantial money. Yes the CE deal is a loss leader, but pays the rent and will hopefully prove the boat is still shipshape and lead to more lucrative contracts. But as always CASP is all about the deeps, the shallows are chicken feed, the only way to make money here is for a deep well to flow for three months on trial, then another well and then another.

There is no doubt this is a risky share to hold. Therefore instis will steer well clear. To me the main risk is now, not in the future so long as there is some good news. The relatively good relationship with the Kazakh govt could sour, it could come down hard on CASP for the breach of licences. The deeps may not flow, they may not hire out the drilling barge, the shallows at MJF may become uneconomic, the controlling family may take the company private for a nominal sum. These are the risks. But the daily hire rate of the CE is around $65000, the deep well have high quality 30 degree plus oil, as soon as one starts producing the 2000 bpd we expect a reserve report for it can be obtained, repeat the process with other deep wells. The share price will respond, I am sure the Koreans will show an interest in the oil assets, its possible CASP will become an oil services company.

Been in CASP for years. With a top up the other week got my average down to below 5p. My target is 15p. If the first deep well fracced successfully produces the 1500 to 2500 bpd we expect from them for a trial period of three months, 15p easily achievable in my opinion. But forget the shallows, very heavy oil, limited market hence rock bottom prices. Shallow wells only good for 150 bpd each and even to achieve that they require workovers at least every 6 to 9 months. It is all about the deeps. Oh yes and a contract for the drilling barge would help. IMHO DYOR

Topped up here this week. Bought and sold these a few years back for around 100% profit. My average is around current share price. To me this looks a new and growing market for these tech products. It is an approved "green" investment New factory ramping up production and existing and new customers taking that production. I am here for the exciting prospect of a victory in the Maxwell/Tesla court case and the subsequent sharp rise in the share price. If CPX lose the case, not much downside, but not much upside in the short term either.

Bought into EVG this week based on MMs research and enthusiasm. Made money on another MM stock years ago after a "the train is about to leave the station" post. It did, I was on it, and I made money. Will I make money on EVG? Who knows?

I agree. The bar for these incentives should have been set a lot higher.
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