Member Info for Jacksdad

You purchase shares and gain some equity within a business....the price of those shares at anytime has no bearing on your equity. You only make a profit or a loss on your equity when you sell the shares you own. So despite a falling SP I have in fact having bought more shares increased my equity. Only when I sell will a realise a profit or a loss

CC ouch...I think I'll wait for the next RNS before posting again...

Sorry Mc don't see it that way....look at the growth in turnover...same cost base...look at the ownership structure compared to three years ago...of course they are stringing us along..why because they don't give a shit...they are going to make a fortune and those pis left will do also

Dave...you are wasting your time on here....I keep buying and you keep whinging ...long term one of us will be right and one of us will be wrong...who knows? One thing for certain that everyone posting on here has a BMN and an SXX story to tell ...just as they can all tell you when their horse won the grand national...personally I am seeing this through to the end. It will either be a great investment or it wont and as per usual I am backing my own judgement and not that of a self confessed expert.

There is only one person who is looking to mislead and be dishonest on this board and it isn't the CASP bod...if you can stomach it try looking in the mirror Dave

Dave you are obviously suffering from CASP tourettes....please follow the following link you may find it helpful https://www.nhs.uk/conditions/tourettes-syndrome/

After all the issues with A5 its clear to me that bringing these deep wells into production is going to get easier with experience...really good RNS on reflection and happy with the drilling strategy going forward.

Sounds good to me...no smoke no mirrors. 801 looking good A8 spudded on time and A5 still in play. RNS on time ...looks like the tide has turned.

The market is shot at the moment...so best not to look at anything too often. Can't see a lot of news coming so no short term rise here...may see some additional capital drawn down at 7.4p to fund sinopec or whoever it is who are drilling the three new wells....could see MJF sold off in the new year with funds reinvested in BNG...may also be the reason that 3aB deal has stalled...

The reason they are drilling to 4000m is that they have negotiated a fixed price for the three wells with no contingency. The risk of an overrun is back with the Casp team which as they are basically on the directors payroll is more manageable...I also think that 4000m may be the depth and CASP need to drill to satisfy the licence criteria for new wells...1 deep flowing and funding the finishing of the rest will be easily achieved from cash flow

Dave before I bought this week at 7.01 I averaged 7.4p...I now have an extra 84000 shares...the risk of losing it all, but the possibility of many multiples...very happy with my position here and not interested in your with profits success...I have a pension for when I am old enough not to enjoy the money...

Yep apologies I meant the UK based directors..

Dave so whats new with your theory? You need to steer clear of the AIM and go back to your post office account. Any company on the AIM has the potential to be taken private and therefore isn't really a consideration when investing.The idea that they run the company into bankruptcy and then buy it back is of course possible but highly unlikely. However shoddy this lot are, they are regulated. At best the British directors and accountants here would face investigation and possible sanctions, their other directorships would be suspended and any company that they are associated with would have difficulty raising funds in the future. If directors start resigning then it would be time to sound the alarm bells, but until then I am holding and adding....

They would have taken it private before the rebranding exercise...this is all about the directors maximising their holding and reducing their tax liabilities....A5 isn't blocked IMO....801 and A6 are both able to flow and MJF is providing enough cash in the meantime...bit left field no apologies.

May be this tweet on the 30th was a clue to what's really going on here #Kazakhstan’s state-run #oilandgas company KazMunaiGas is finalising plans for an initial public offering #IPO that could raise as much as $6.5bn, in what could be central #Asia’s largest ever stock market listing. Read the full @FT article here: https://t.co/kkOimX4GKy #OOTT

CC makes sense....another play thing for the owners.

If you were looking to purchase Caspian, would you be interested in doing your own due diligence on 3ab? As this deal hasn't yet been completed, with the area to date producing no oil I think our directors dodgy deal has been put on hold. Wouldn't be surprised to see an offer for CASP in the very near future.

The licence has been issued which is good news...under the terms of the licence they will need to spud some new wells. Whether the 3ab deal will ever be good value only time will tell.

MJF revenue could be £25m a year. Add a deep at internal prices and you've got £42.5m in revenue next year.

They spud that well in November...that's all it will need for sentiment to change. Edmund was buying at 10.25p only a few months ago and he hasnt reduced his holding.