Member Info for KumKuat

https://www.yahoo.com/entertainment/tokayev-says-front-putin-does-171706009.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAAAGVyyIl55bR00NhmfctKebUJRk5a8VBbmwRSaaYHEL_ELaFal9VsWC9b1jL_tcL8Q4BbfsjT3zs8NoR4BAkmxvyo7b40XJbwM6zIjcQCKuP_zIdvlMWs3hYJLdnEEBl3hAp4TpR4cMaAA7icYdgYMYsSGUBTZ6jGrRVERE5n4xE

Would be good to see a new shallow flowing. Clive had alluded to the fact that 2 were close to completion and 142 already in. Would be good to see that pre AGM and to build production and revenue further pre any Divi payment.

Going to have to address the infrastructure challenges at sone point ie storage of oil. Transportation etc. local Korean refinery, mini refineries ? the pipelines that were discussed etc .

Clive has the opportunity to get Casper on the radar but as soon as that’s done, the comms need to be detailed and accurate, especially with the drilling on the deeps.

Going the right way and double figures in sight !

Oh dear FF.

Back to Casper.

June
FY accounts
AGM and Investor presentation

July
141 result
Divi announcement - first payment Sept ?
152 result

The Investor Presentation will hopefully hit the spot and give us all a clear understanding of the path ahead. Follow this up with sone effective PR and the start of the Divi payments and the journey north will accelerate.

Good times ahead for all Caspians :)

Btw CC, nothing wrong with trading and good luck to those who do it well, it’s a skill :)

Yep, you hot me CC. I am a trader ie I buy a load of stock and probably the most consistent Bull on Casper unlike the Fickle Fecker who trades his agenda and most with a modicum of intelligence can see that but hey, as I keep saying, everybody entitled to their say.

Next week for FY results hopefully and we can all analyse how well they’ve done and looking forward to the positive commentary.

Tick, tock :)

I can do the math Adrianz and i qualified out the comment last month just to test my understanding. Maybe a good idea that you send a note to test yours. FY accounts out soon, are you going to the AGM ?

$40+ netback for export if Urals @ $85. Any reduction in the Urals Oil discount to Brent would flow straight to the net price so if achieving $100 now then export netbacks would be $55 or maybe better still, more if KEBCO plays a part.

Let's see what the FY accounts show and then we can ask the questions at or probably better after the IP delivery.

Adrianz, you're out by some margin. Domestic in May was c$25.

Serious stuff for gass supplies. Freeport LNG in the US shutting down one of their major terminals for 3 months supplying 10% gas to Europe, Russia reducing supply and now the fire.

Meanwhile we still have sellers in Casper who obviously don't believe the story and don't want to pick up some divis later this year. Urals spot will soon be over $95 and i'll be asking CC whether KEBCO is upping that number towards the crude price ? Where is Casper going to be at year end ? how many shallows are they going to drill across SY and MJF ? 141 and 152 at MJF and 3 for SY in short order so is 6 reasonable by year end ? 802 dep at NY is allegedly our best chance of a deep success to date, add in 1500bopd + ? If export prices achieve $100+ which is very likely, the revenue spike could be huge. 10000bopd in early 2023 if shallows and NY come in ? Revenues could very silly indeed .

Adrianz, you're stating it could be as much as $115m in 2022, i know i'm stating the obvious but depends on so many factors. Success and timing the key factors plus the bigger wins like 802 which could throw the cat in. Really don't get the selling.

Somm, don’t take this as gospel butZ hotels good and reasonable. Another one they know is the Hoxton . .

I’ll ask my kids, they work nearby.

Somm,

They’ll need evidence that you’re a shareholder so a letter from your broker or if online print evidence of your holding and send to company. Take iD too .

I’m hoping to be there too.

Production will go up if they're drilling multiple shallows and hopefully the IP gives us the planned work schedule and timelines. Initial expectations on MJF were for 24 wells and 8000 bopd, they're well on the way to that now BUT they didn't factor in horizontal drilling.

Also deeps ? an 802 result would add 1500bopd+ probably and more importantly reserves. They then have the opportunity to do the remedial work on Airshagyl block and one success there really throws the cat in. 3AB, they will drill it and nothing priced in for that, actually nothing priced in for anything !!

ODS,

Crypto, I’ve never invested although having one coin in the portfolio would’ve been a good strategy as would Tesla , hindsight a luverly thing. Re Crypto, I eas referring to kids of today gambling, whether Crypto or the betting sites. Hate the advertising and the stupid adverts stating stop, betting controls etc, it’s laughable.

I’ve got a small selection of boring stocks, sone Divi payers. Shel, Crest, RR, Vistry, Tesla, TXP a small holding of PANR but sold most of them and the elephant in the room, ole Casper.

As you say, can’t see oil going lower than $100 for the foreseeable and I suppose the only risk would be if China demand fell off the cliff as a result of Covid but they’ll be buying Russian oil.

Not expecting fireworks from FY accounts but a great improvement yoy and it’s any forward guidance that will encourage investors. SP underpinned by shallows and at current oil prices we should be at 10p+.

Re divi, I believe they’ll announce in July and pay first one in Sept so they can build up extra cash. If they do that, the first divi could be larger, maybe up to 0.2 or even 0.25 which will deliver in excess of 25% annual return at this price !! They’ll have the cash to do it but I think it’ll be lower but who knows. A healthy divi will help the re-rate and even small funds may pile in if they can see really healthy returns and maybe the first one will be an attention grabber. If they can build production to 6kbopd+ by year end, then this will get silly.

Simple advice. Buy as many as you can and enjoy a win/win, a sensible divi and sp appreciation :)

Eddie,
Re sellers, i don't get it either but best to get them out now. I'm expecting considerable churn as Casper sp moves north but maybe we get more longer term investment if peeps can see healthy dividend payments. I was speaking to a pal last week who works for an Investment Bank and he said that none of the larger players will touch Casper but some small funds could, especially with attractive divis. The higher risk finds, the recovery plays, maybe Casper will do a beauty parade as part of their PR campaign if they have a really positive message to deliver.

The general market is shoite and many companies taking a beating and who knows, maybe some of the sellers are leveraged or the hot money that entered last week and was hoping for more of a run. A profit is a profit and in this market, many punters have a shorter term outlook, let's see if a positive divi payment changes that.

ODS,
I'd be much happier without Crypto and there would be a lot more cash in the equity space. Crypto down 67% in 7 months and as you say, many stating that it's a hedge against inflation. Many who play the game are leveraged and there'll be some BOM & Dad bailing out kids that have been roasted !! I have youngsters in my office who do it and it's a distraction, that and gaming !!! I heard a couple of them stating that it'll reach $20k before a huge recovery, it wasn't long ago that it was going to $1m a coin !!!

Re 21 accounts, i agree. The cash position won't be incredible BUT a huge improvement on H1 and YOY. Hopefully our Clive will position the positive transformation, rev up, production up, CAB up but as we know. the real cash increases started in Sep 21 and have continued to date so hopefully some really positive commentary on subsequent events from Jan 1.

The inflationary pressures, supply chain issues are creating havoc and many company's earnings are going to be damaged. The latest outbreak of Covid in Beijing will cause pain following Shanghai, their zero Covid policy obviously isn't bulletproof. The world needs to wean itself off Chinese manufacturing and single point of failure but it's taken a Pandemic to realise that and a war on our borders to realise the same on dependency of Russian oil.

Casper will return to double figures on the shallows alone, the rest of the assets are the ctalyst to a real multi-bagging performance but great to have the comfort that the sp is underpinned and everything from here will be upside.

Yep, red day across the boards BUT an opportunity for you to add more. I've picked up a few more today and an chasing the price down, i should know better but it goes in the divi pot.

So many material news items due over next few weeks and hopefully the IP positions a very active shallow drill campaign which will ensure the regular news flow.

An absolute steal down here. Can you get stock cheaper ? possibly BUT not for long.

Buys outstripping sells today, especially if the 129/130k trade was a 'Bed & ISA or Bed & Spouse' trade, could have been a rollover ? If that's the case, buys in the ascendancy and down so i think we could still be seeing some late reported sells. Each to their own.