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DD the company can buy its own shares on the open market. This is good news for those who continue to hold as it reduces the free float. The debt conversion was done at 4.43p so directors won't want to see the SP drop further IMO
There is more than one way of transporting oil, the pipeline being one. Khazak authorities will be keen to ensure that Putin has very little effect on oil revenues. Even if there is a delay, the oil hasn't been lost , local traders might find that they have an opportunity to stock up and CASP might have to a few deals to keep production going.
Unusual for CASP to RNS on a Monday...I can't think that these financials were reason to encourage shareholders to the AGM. A lot of what is in here is historical...personally I think there will be more news before Thursday
They have done a lot of drilling over the last 10 years....A5/6/7/8 801 etc and just spudded another. They'll use cash generated to pay dividends whilst bringing these wells into play. There is a possible 20000 bopd already there....that's $1.3m a day...not sure why further exploration is required...that's my point
KK the BOD haven't structured the business the way you suggest...they've created a dividend structure and a mechanism for receiving dividends. They can bring more wells into production and still pay themselves huge dividends. I don't see anything to suggest that they are interested in scaling this operation up beyond what they have already