Member Info for Getmeout

Let me make it clear I have a significant holding and benefit enormously on just a 1 p move . If my post is not resoundingly positive it’s purely because I am sceptical that they can deliver . The daily production level has been the same for 10 years. The reserves the same. The average price has been roughly 4 p for 5 years. The cash for sale of the shallows was around the market cap . I get there is news due which we hope will be positive. Few holders will be more delighted than me to see a change of fortune. But I re iterate we were optimistic a year ago and the price is unchanged .

I think MrBMW has admirably summed it up. We pin our hopes on the management delivering. At the start of 2025 we had a series of due announcements so that we were optimistic about the future. A year later the price is unchanged. We are now in the same situation where we have news due and we remain hopeful. Will be saying the same thing in 2027 . I was looking at the chart and I am not sure we have been in double figures for 6 years. I assume if we are underwhelmed the concert party must be . But like us they seem unable to break the cycle of a progress negated by failure

I am unclear what the regulations say regarding RNS’s. If any / 9 wells were gushing it would have a material impact on the share price and therefore should be announced ? Or do they behind the excuse they are testing? CC has never displayed any guile around the timing of the announcements so maybe second guessing him is a waste of time

15 years of over promising , underdelivering , poor infrequent communications , conflicted bail out deals, dry wells, suspended stock prices , late filings , incompetent dividend policies , undeliverable strategic plans, poor relationships with permitting agencies, an ineffective management team , static oil production , static reserves , worrying plans to diversify out side the oil sector, over paid management , share price suspended at all times lowsetc. yeah that’s going to take some forgetting

Money thru for the shallow sale?

What do we think the price range is when it comes back from suspension?

When do we ask ourselves whether the shallow sale is ever going ahead?

Just the dump …..

Leveller what do these tenders actually mean please? I hav not seen them. Whose name are they in and which field are they attached to ? What does it actually tells us do you feel and if significant why is it not reflected in the share price ?

CASP has done a series of deals over the years. Bar the CE unclear if any have created and revenue. WS and Block 8 etc being case in point. The outlook may look positive for them but as of today they are non productive

These related deals where the CP sells non producing assets to CASP , maintain some sort of ownership but no liability for the capex to get them to production don’t seem to have a great ROI for the the rest of the share register . Let’s spend money on existing assets already owned by the company rather dilutive deals to bale out other investors who are broke?

Anyone prepared to hazard a guess when this happens ?

I am trying to understand what the issue is here .

-CC

-KO

- The drill team

- no oil / too much pressure

- not understanding the geology

- not understanding or unworkable regulatory systems

- some grand plan we are not aware of

- poor advice

- all of the above

Makes a change as I don’t want to be in this today

Delay 5/4 on

Collapse of the deal 2/ 1

Approved 7/1

I am waiting for the change in mentality and delivery where’d we get regular updates demonstrating operational progress .

If we get firstly if we get an update on Monday AND they have got the deal over the line it will show things are changing . If we get nothing or a further extension I won’t be surprised .

I am holder and would delight in a decent rally in the shares. But partly to manage my own expectations as it pointless to be too upbeat here bur also the companies timeframe to deliver is so glacial I predict no news this week.

I agree. And it’s more than a decade.

But it’s not unreasonable to expect them to have learnt from the past and been able to convert any of these many opportunities in to value creating opportunities.

I have been a shareholder for some time. I went to a meeting in 2017 where they presented their strategic plan of expansion and delivery. Not sure really what progress has actually been since then or in post any of the subsequent presentations.

It’s basically deliver that’s required and that’s been lacking for years .

Why is the board so limited. They need industry experts with experience and critically a pedigree of success.

Are you CC?