Member Info for dai2belts

Mmmm?

Block 8

Shareholders are reminded that the option to acquire Block 8 has been exercised with the timing of completion now largely dependent on the usual regulatory approvals.

Drilling at the two deep wells undertaken by CTS, the Group's wholly owned drilling subsidiary, has been completed with both now preparing for testing. Success with these wells, once the Block 8 acquisition has completed, could also significantly add to production levels.

Some work rate, how many wells are they drilling

Mid-November.

At Well 142 the side track is almost complete and ready for testing, which if successful would lead to the well contributing to increased production levels from mid-November.

December 2023

Well 141 is the next shallow well to be worked over with a horizontal side track with work expected to commence in December 2023.

Q1 2024.

Well 155 is due to be spudded before the end of November and drilled to a depth of approximately 3,000 meters with drilling expected to be completed by the end of Q1 2024.

Q1 2024

Wells 54, 805, 806 & 807 are to be worked over using a G20 rig starting in Q1 2024 at depths of approximately 2,000 meters targeting the previously unexplored Dolomite.

Stuck Pipe

At Well 802 the problem has been our inability to remove a stuck pipe to allow the well to be properly tested. Work at Well 802 has now stopped to allow the rig to be used to drill Well 803

By March 2024

Well 803 the last of the deep wells in our BNG work programme, which is due to be spudded in mid-November and drilled to a planned depth of 3,950 meters. Drilling is expected to complete by March 2024.

Suggests the sanctions, when released could see a doubling in price per barrel, ( piping via russia)

https://www.lse.co.uk/rns/CASP/operational-update-dz431lbf6vndsf4.html

This reads wrong :(

Caspian, looks trade-able over a week

(But Volume looks low, so maybe £1500, for £500 profit)

But Volume looks low, so maybe trading £1500 at at time from the low in August offered a total profit of about £500..

https://invst.ly/12b8k9

@Mischief23, thats been a little Gem, from the August low, trading £3000 offered +£1000 profit

https://invst.ly/12b8j4

Mischief23

The week ahead

I think CASP is on our free float list? Should be due news this week or before months end about bringing some wells into production. Not guaranteed with them as news can be sketchy but worth keeping an eye on for a quick spike possibly for you day traders 😉

On Friday, Caspian Sunrise PLC (CASP:LSE) closed at 2.95, 18.00% above the 52 week low of 2.50 set on Jun 30, 2023.

Average volume 572.78k

Shares outstanding 2.25bn

Free float 173.56m

P/E (TTM) 8.28

Market cap 66.10m GBP

Small free float compared to shares outstanding ?

Oraziman family

================ =================

Aibek Oraziman 1,046,909,031 46.52

Altynbek Boltazhan 26,851,612 1.19

Boltazhan Kerimbayev 15,784,149 0.70

Total Oraziman family 1,089,544,791 48.41

==================================

Dae Han New Pharm Limited 224,830,964 9.99

Midiel Engineering AG 110,812,501 4.92

Ahmed Al Marri 110,812,500 4.92

Take a look, just need Tro to call the low and wait to multi-bag

https://invst.ly/12b90t

@KevR, do you recall that article about those companies with unknown investors behind them, was they from Kazakhstan?

Lol, you have given me a couple of opportunities, unfortunately I failed to execute, missed or messed up...

Caspian, looks trade-able over a week

But Volume looks low, so maybe £1500, for £500 profit

https://invst.ly/12b8k9

@Mischief23, thats been a little Gem, from the August low, trading £3000 offered +£1000 profit

https://invst.ly/12b8j4

Mischief23

The week ahead

I think CASP is on our free float list? Should be due news this week or before months end about bringing some wells into production. Not guaranteed with them as news can be sketchy but worth keeping an eye on for a quick spike possibly for you day traders 😉

Typo

But Volume looks low, so maybe £1500, for £500 profit

https://invst.ly/12b8k9

But Volume looks low, so maybe £1500, for £750 profit

https://invst.ly/12b8k9

@Mischief23, thats been a little Gem, from the August low, trading £3000 offered +£1000 profit

https://invst.ly/12b8j4

And me, Gtech lol

But this company has clients, but wont say who :(

Stuart Hawthorne, not CEO... cant find who he is, maybe google not googling.. :(

Mixing up, sounds possible..

Last new year, companies were announcing new contracts, in their RNS titles, and numb nuts just glanced past them, they were big gainers...... fool

CEO, position getting larger as a percentage of company, without increasing number of shares. How can that be without a reduction in shares..

https://invst.ly/12b7ox

Tro's bear trap, ;)

Over the last year, Getech Grp share price has been traded in a range of 13.275, hitting a high of 19.375, and a low of 6.10.

Year low, 1 trade Friday.. Ave Vol 39k...

17-Nov-23 09:28:30 6.078 12,608 Sell* 6.00 6.30 766.31

Average volume 39.20k

Shares outstanding 67.47m

Free float 43.14m

Market cap 4.15m GBP

This years blips

https://invst.ly/12b7fv

So for £100, based on 10% from a 15% blip

6p, 100k, £6k profit £600... but 100k is big volume, so a lot to shift..

6p, 20k,£1200, £120, less commission...

Vol

https://invst.ly/12b7ik

Suppose need to check news

Cheers Horult, for Kod reminder and TM1

@Tro Enet, and QBT, I never even looked at, fear of getting spiked, but GST I decided to take a look, watched all day Monday, counting the volume of sells to estimate tick down and vol to tick up, then Tues, Wed and Thursday, I played for £100 profits....so playing in the low to mid daily movements.. But if I was a little more willing to risk losing the £100 I would have made a fair bit more.. I made 3 GST trades on the 1 day, 1st I lost my commission, then I bought again but a little higher and banked my profit, later I bought again even higher and banked my profit...I did'nt realise until I checked my trades for the week...totally out of character..

Amte, 2nd day, Initial rise first thing, the usual dip, a good long pause, while traders were poised, then a nice rise..I think there might have been a few late large trades spoofing buy volume ?

Thats all got my interest up in those big risers, and the £100/week target in those that drop 10-15% and recover like Zphr likes to do... I banked 4x £100 targets in the week, I think I got 1 the week before, but £350..

But the £100 rule, would have meant I took a few that I missed , like All where twice I held to break even...

At the moment I am a novice, so best take my winnings before that eventual losing run catches me.. probably when my ego gets too big ;)

@Tro 88e, should have listed shares on friday.

I suspect, if not already done, will be sold to raise £1.25m, but why not more..

So the low last week, when the price dropped on each buy, ever so slightly, but all day, I suspect was forward selling part of the tranche... but it did,nt drop much and buying volume has'nt picked up to sell into the high ..88e is a traders share, I think they are wise to games..

Now there is another month until the next tranche... Thinking logically with a little conspiracy, they will want at least 31p

,ideally a little more....

But there is little volume at the moment, so something needs to be engineered unless they intend to sell into the flow testing.... But this could go into flow testing on a long time low, which bods well to multi-bag,.....ignoring those 2 tranches...

so for JV, 2 placings to cover 2nd and 3rd installments, works out at ~Aud0.006, or 0.31p

17/11/2023, 322,147,513

15/12/2023, 322,147,513



2nd instalment : US$1.25 million to be paid in 88 Energy shares on signing for part payment of the 2D seismic carry

3rd instalment: US$1.25 million to be paid in 88 Energy shares upon approval of the Licence working interest transfer by the Namibian government expected within 30-60 days, as a further payment in relation to the 2D seismic program carry;

Horults update, reminder :)

kod have received $117million confirmed in the bank ( 17 mill into kod, 100 million into new subsiduary) - sell on news brigade - personally think it will dip to 0.5 monday then rise back around 0.6

will be some swing trading ops as the mine/plant gets built over next 12 month

I had 1 million shares on a free ride - added another ~ 200,000 freebies on the recent rise

hoping to add more in my upcoming trade (fingers crossed ) buy in at 0.5 sell at 6.2

KOD own the mining licence , they can go full steam ahead ( but it needs to be transferred to the new subsidiary at some point )

Horults Update

TM1 and been in and out a few times last couple of years.

after the news saying they are buying out the rest of recyclus there has been a dip. I think its partially the sell on news brigade - however I do have a suspicion that some group or company is utilising this sell on news to spread further fud and do a bit of a short attack to maybe buy back in on the cheap? I could be wrong on this it is pure speculation - but for a BB which is generally fairly quiet, there have been several new faces suddenly appear and all posting negatively. Plus remember earlier in the year when lots or rumours and story came out about a fire at the factory? Yes it was true - but it was small and contained, the stories were exaggerated, that to me at that time also felt like a bit of short attack.

The lead acid battery facility is now fully operational. The lithium battery facility is completed and final commissioning taking place and ramping up. Expecting this to be fully operational between now and Q1. So that will be 2 facilities bringing in revenue. The plans I believe were to open up 2 new facilities every year over the next 5 years. Anticipating the incoming revenues to enable the factory expansion without the need for much dilution ( there is sure to be some isn't there - there always is )and also fund the resource exploration in Ireland (Lithium), Spain(Copper-Nickel-Cobalt), Cameroon (Nickel-Copper-Cobalt), and three projects in the USA (Cobalt-Copper and Manganese-Rare Earth Elements)

they may be at risk of spreading themselves a bit thin...but I like the 'idea' of the company, mining the resources and also recycling.

It has bounced before from this SP area. With the second factory coming fully online Q1, the full buyout completing Q1, potentially more drill results too....I think there is a fair chance of a bounce incoming. I believe it is a good trading opportunity between now and Q1 - I suspect it will get back to 1.7p range - with potential of it going back over 2p....

This is not an aim company ( main market listed ) but holding small caps long term is risky I know but I like these guys. I am personally going to try and trade to get myself a free ride. Just a 15 mill market cap right now, assets greater than that, incoming revenue from 2 factories 2024

If its going sideways, and not going to move fast, then why not watch the volumes and trading before buying...you might get a lower entry.... Whats the next big news ?

I need to make some paper notes, I cant recall KODs news or why it dropped, its been wiped and over written with Skittishes theories.... payment but no licence transfer ?

Will have look back later, time to go out..