Member Info for Jacksdad

Everything that the BOD has done since the original discovery at A5 has increased the shareholding in CASP... they have chucked every they have money, assets and boats into the company in exchange for shares...the only concern I have at the moment is that the sales and cos in the last two sets of accounts mirror each other. Are they skimming the profitS into the drilling companies they co own or at some point does CASP return profits and pay dividends. A breakdown of that COS would show that the company had the intention at some point if giving the pis a ROI

At current levels of production t/o for 2020 will be $24m with the possibility of mjf delivering 8000bopd and $135m in annualised turnover. With low infill drilling costs and potential further oil from the deeps we could easily be looking at a business with an annualised t/o pushing $200m by the end of 2020. Reason to be optimistic indeed.

Or are you just not quite ready to close your short?

If you win a case against Angus. What are you hoping to achieve in terms of payout? A price per share? Compensation? Or are you just trying to strike the directors off?? Please advise...all seems pretty ridiculous to me?

There is three month clause on the shares used to purchase the offshore rig. So unless Clive and Edmund have vastly overvalued it at £25m which TBO looks unlikely I'd suggest that in three months time this is going to worth a lot more than 12p .

The licence is granted on potential flow rates...A5 needs to flow at a sustainable higher rate. That’s why the flow test has been halted.Should start early March which is only a couple of weeks away. MJF on target to produce 8000bopd and $120m turnover and dividends.

MJF worth $120m a year by the end of 2020...that’s before the deeps come on line. The deeps come on line and we are looking at at least double that. 3ab and the boat are unknown but both exchanged for shares in CASP... directors buys between 7.4p-10.5p. Poor comms holding the price in a range...they’ll let it go when ready GLA

3m buys and sells don't actually add up to much really. Best not read anything to them and wait for news. Could even be someone moving shares into a better tax platform expecting a boom in price. All going to plan so far and still a good time to add IMO

nothing to stop this going up now...oversold and too cheap imo

agree ...hold and wait

Someone is buying in 200k blocks. RNS was in my opinion CASP avoiding further scrutiny over the flaring licence. All going to plan IMO. I know that some have sold waiting for a lower entry . I've added more today.

tintin its pretty obvious that Schlumberger are involved and that's good news...going to bounce hard when all becomes clearer on Thursday.

https://www.slb.com/resource-library/technical-paper/pe/spe-133858
Worth a read...maybe the delay was more genuine than we think. Baker Hughes and Schlumberger engaged IMO.

strong finish here

The longer it takes for the sales RNS the better. My feeling is that they are busy with JV and other arrangements and that's why we've not had an update. If sales are as I imagine i think we could see as much as £2...possibly in the next couple of weeks

Short term looking a bit fragile, because we have no news!! Just wait to see what happens once funding is confirmed. Sheikh in for the long haul and so am I

Ask moving up...is there some news on its way

mms taking it down one last time imo

Calm before the storm...

Happy with my investment here....RNS on order take will have a massive positive effect on SP IMO