Member Info for KumKuat

Crude back up 10% from recent dip and I don’t see it coming back anytime soon. Urals spot averaging $95 over last month and H2 will be a period of considerable profitability for the company.

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Another day another $. What does today hold in store for Casper investors.

I have read the accounts, I can see where money has gone, clearing debts, increased selling expenses but need to understand the $9m CAPEX entries especially cars and other. The impairment on 3AB turned a $7m profit to a$5.5m loss . They didn’t sugar coat the accounts, they could’ve done that and I expected to see a far more upbeat Chairman’s statement . As we know, the accounts are 6 months ago and a lot has changed since then but we have to get a handle on costs to see the real ROI from the production effort.

H2 should be fantastic financially but they will have increased costs with 802/A7 but at 4K bopd, probably more with the additional MJF/SY wells. they could exceed 1m barrels in next 6 months. Will the oil discount reduce, probably and revenues will be considerable inland who knows re the other assets ie barge, 3AB and the deeps. 802 they’re best chance, not long to find out, also the interims will be out in 3 months.

Loads of upside but I want to get an understanding of budget forecasts and the ROI.

Badge,
No 3p annual divis and a TRILLION pound company.....lol

I’ve sent several questions off to see if they can be answered pre AGM. Aas you say, many assets that could break us out of this bleeding sp range and maybe the Investor Presentation sheds some light on plans and timeline. Could get 141 result pre AGM ? take us to 5kbopd. Even if they did nothing extra they’d be producing 700k +bopd v 305 for H2 21. 5k bopd takes us to 900k+. Another shallow and SY plus the rest. I just want to get a handle on the costs I don’t understand eg CAPEX.

I suspect there will be lots of questions at the AGM. PNE for the list, CAPEX at $8.9m, $2m motor vehicles and $4.5m other ? would be good to understand what’s in that pot and maybe our Orazimans have bought a few Lambos to run the Dubai strip.

H1 22 turnover should be very healthy, why only $1m in the bank. Has to be a considerable hike in costs otherwise it doesn’t make sense.

Paying Divis and going through this process to issue a meaningful divi ? Something not right there either. The barge must be a done deal or very close to or the Divi is going to be very small.

They will be generating considerable revenue in H2 with 141, oil prices will probably increase and another shallow and SY wells adding too ? Sell the barge, get the 3AB licence sorted deliver 802 and show me the money !!!

Lots of questions for Clive at the AGM methinks.

As flippin usual, I’m in the car to work and no time to read properly. CAB at $1m June22? costs must be sky high !! Appreciate discounted revenues but don’t get it until I analyse costs.

PVI1

So would I bit wouldn’t surprise me to see 0.15-0.2.

We all want to see sp appreciation and production increasing will do that but will the Divis bring in new investors, possibly funds. Soon find out.

Somm, they haven’t, that’s a ppwk exercise.

1p pa at 5 returns 20% which is higher than any FTSE company, Rio, Persimmon etc. would take £22.5m and they won’t be doing that UNLESS they build production then yep that’s doable whilst deploying more cash to operations .

We’re going to find out the effect of the Divi on new investors, let’s hope the first is meaningful ie above 0.1 and the Dec declaration is the main one as communicated, find out soon enough.

And there's the extra sales to erode the bid, obviously our CC is flapping and selling pre news or was that buying....lol

Back to square 1 coming and ready for a 'meaningful' divi declaration soon.

Save your £800k Mike, my eldest makes a mean MS :)

If we get back to double figures, i'll make a concession ;)

That could be arranged :)

MMs continue to mess around and late reported trades have definitely been more evident over the last week. The 300k @ 5.15p is a sell and bid reduced accordingly. Probably end up at sq 1 come close today and needs next weeks activity to break it out. Maybe they don't want sp moving on until Divi announcement made. Lower sp increases the Divi yield so makes sense that forward traction is proving difficult. 5p at the close anybody ? Also maybe some more Options coming ?

Was that last trade a rollover or a BednIsa ?

Bid and ask tightening. Bid moved up from 500k to 600k @ 5.10.

UK Red,
Yep, first time for a long time but probably the most important one to attend. Looking forward to the IP and the future plans.

Diver,

9.55p delivers a nice round number with divis on top :). Hopefully we get to see multiples of that nice round number if they get a deep to flow.

You need to contact company to state your coming, bring proof you're a shareholder and some ID on the day.

Posted this on ADVFN. Just the facts but just highlight the changes and current position.

- MJF/SY - 4000bopd currently v 1448 average over last 3 years Uralhttps://uk.investing.com/commodities/crude-oil-urals-spot-futures-historical-data

Urals Oil price average over last year $85 v $57.53 over previous 3 years https://uk.investing.com/commodities/crude-oil-urals-spot-futures-historical-data
- Tenge devalued v $ - benefits Casper as paid in $ and operational costs in Tenge
- No debt Shallows The financial position has improved dramatically and compare the sp now to the average of last few years. They have the cash to fund an expansive operational campaign and the shallow program at MJF/SY could increase to 8000 bopd or more dependant on the continued success of the horizontal wells. They are targeting new structure at SY so that may increase production and reserves.
- Deeps - 802 being drilled and completion by end of September A7 drilling suspended as rig needed for shallows but will be drilled A5 - another side track but i'd prefer a new well A6/A8 - Remedial work needed following A5 Intermediate
OtherOpps - 3AB prospect farmed and awaiting licence. Casper retain 85% until conclusion of first well
- Barge - Discussions ongoing re charter/sale
- Divis - we’ll soon se magnitude of distribution but added bounce for all investors and hopefully will attract new players
Broker valuation WHI - estimates @ 21p fair value and £1.04p on Airshagyl/Yelemes/Shallows success case but that valuation was some time ago and things have materially changed. 5p is our current price and i think we all know that's a flippin joke. Let's see what transpires in H2 as it's not staying down here for much longer !! Pays your money and takes your chance.

https://astanatimes.com/section-archives/?at_year=2022&cat_id=15

Always good to see a Kaz biz developments, encouraging trade across the world. Certainly will not be getting trapped by supporting Russian and risking sanctions. Their economy is growing much faster than ours !

Edit, and a 1m buy ! probably more to come.

Well, 1.5m, there's your reason for treading water today, not rocket science. Why sell ? don't get it.