Member Info for KumKuat

The oil has got to go somewhere and is this the beginning of the end re dependency on Russian oil/gas.

I was reading the same topic !
https://www.thehindu.com/news/international/imran-khans-moscow-visit-is-proceeding-****stan-minister/article65079977.ece

I'm sure we're all keeping up with events but looks like everybody in NATO delivering the same message, a unified front. Regardless of how swift this invasion may be, Putin is now in a corner as diplomacy post this invasion, will not be an option. The west has a choice to let it happen or push back. To cede is accepting aggression is fine and that obviously is not an option. Let's hope that our Putin hasn't changed the missile launching protocols !!

https://www.bbc.co.uk/news/live/world-europe-60454795

https://wise.com/gb/currency-converter/usd-to-kzt-rate#rate-alerts

Currency is a big one and often missed. H1 accounts are going to look very good. Current production @ c 2.5k bopd inc SY ? plus maybe the production from A8 if it is flowing oil ? They will be generating c $75m on 2.5k bopd and every 600bopd shallow will add $18m ($105/30) and 17 to go without SY wells.

Paid in $ and most of our in country costs paid in Tenge, a win/win for Caspian. Tenge at an all time high.

Wealth erosion day on the markets and leverage being singed. Airlines, travel, stocks like RR down 18% getting battered. Crypto back @ $35 and following the market sell off and any leveraged plays in higher risk segments will be stopped out. Casper need to clarify the position with oil sales imo and whether it could affect them and i'm sure it would quell the fears of any jittery investors.

On paper, Casper is getting richer by the second providing no disruption to oil distribution. Loads of news to follow the WHI note, they obviously want the sp up. Peeps talking about matched trades and keeping the price down, as i said earlier, that's nonsense. The WHI note is corporate sponsored and they want the SP up regardles of the debt conversion. They want the word out and more players in the game. They don't need a broker note for that, many understand the value and huge opportunity and what we want at this juncture is a run of real good news :)

Edit, 468 Tenge !!!

Crude going to get very silly. Tenge at 5 year high at 440 and all benefits Casper financials. Bulls will push Crude much higher and the world is in for an inflationary shock if this invasion develops into a drawn out war.

What a f*ckwit !

I asked the question of the company but no response as yet. I suspect that Asia will be benefiting from supply as a result of this.

Despots like Putin need to dealt with as they are a risk to global security.

I can’t believe he’s done it and thoughts for the Ukrainians and the loss of life.

https://www.caspiansunrise.com/investors/analyst-coverage-research/

Clive has sent me a note to advise that WHI note is now available on the website under the analyst coverage and research tab. I suggest everybody read it :)

JD.....LOL. I heard he was buying Sheikh Mohammed has asked him to join the Palm salvage consortium so need a few extra Tenge to join the club ;)

ODS, lets hope you're right and not another well timed little P&D. Hopefully the WHI note has attracted a little interest to tie in with the avalanche of good news coming our way over the coming days/weeks/months. KO is 8% richer than he was this morning and lets hope he's not offloading a few pre his little 140m tranche on the 9th, just to fill in that missing bit of regular interest income ;)

Every day that crude is at this level, it's a good day for Casper. Looks like a 3p feeding opportunity could've gone so let's be seeing the news that breaks this northwards and rapidly :)

To add to the financials piece and looking back to the latest nos from the Interims ,H1 2020 V H12021. Gross profit up from 48% to 77%, Op Profit @ 39% v a negative position and PBT @ 34% v negative position. The market is going to get the message soon and a 'strong buy' from me. Must be No 4 on the leaderboard ? ;)

I though Boriskovsky was ok as already in the public domain , something to do with Coughidovsky, cummins and goings on.

Current sp is discounted and it should be the other way as the riots are behind us and Ukraine won't affect us unless all hell breaks loose and that's going to affect everything. Crude will stay above $90 until tensions ease but i don't see the quick fix there and it will spike way above $100 if it goes further than the Donbass. Meanwhile, Casper will be building production and taking advantage of the extreme crude pricing, i suppose it levels out the period of instability where Crude contracts went negative in Mar 2020. Not going to keep this down here for much longer and the FY results in May will evidence a stronger 2021 but also reveal forward guidance on the revenues being achieved with production levels @ 2500bopd. H1 2022 will look very pretty indeed and even prettier with CE deal and any additional production in that period, could even be 10x the same period in 2021.

Won't be long folks, who knows, it may even fit Grittys timescale and i suspect there could be a review of timings if it's far rosier in the Casper garden.

Bid is weak and probably have a seller(s) in the background. Much that Ukraine geopolitical crap is obviously concerning, especially for Ukrainians, it's great for supressing the price if you want to fill your BednIsa allocations. I have a chunk sitting outside the ISAs and would like to squeeze them all in come April allocation.

Biggest buy signal, KO continuing to do the debt swap regardless of the recent Kaz unrest and the wider geopolitical crap in Ukraine. A little $6.2m repayment and $420,000 pa interest v $7.734m based on current price and exchange spot @ 1.36. Exchange rate going against our KO as a result of the conflict as agreed @ 1.39. Only semantics and a few $100k here or there but he must be confident of a return so i'd suggest that following the money is a good strategy.

Sp may retrace below 4p and another feeding opportunity for those who believe that good news coming. Watching and waiting.

WHI note is encouraging, regardless of what you think of WHI. I haven't spoken to Brendan Long for a while but he wasn't bullish last time with the BNG $32m charge appeal not resolved and MJF volumes receding, a different story now. Timing of note as a precursor to the flood of operational news we're all expecting. I was expecting to see news pre the 9th March agreement so maybe another holding statement on the lines of -;

- A8 still flowing, now producing @ 500bopd @ X choke, with explanation re next steps to improve volume further before moving on to intervals 2 & 3
Production @ 2500bopd at MJF inc SY which is now back on line
- A7 spudded in December and currently reached x metres without incident, casing laid, now drilling ahead
- 802 spudding this quarter
- Barge, I don't believe we see an update until swap agreed
- 142 & 152 spdded
- First horizontal spudded on SY
- Looking to buy additional rigs to accelerate operational activity

A holding statement that won't ignite the price. I believe the CE is chartered or sold but can't be announced until debt/equity swap done as it would beg the question as to why we don't just pay off the KO loan. We will then start to get the real picture as to asset status accompanied by more PR leading to a proper re-rate.

We’re on the cusp of a proper breakout, hopefully a mult-bagging journey a la PANR recently/currently. Shallow success alone delivers bags and crude assisting but the deeps ! Success will enable Casper to go on the PR journey and attract new players. Is it our time ?

Form TB on ADVFN. I don’t subscribe to Brendan Long Research Tree but encouraging that valuations increasing and that will continue to be upgraded dependant on success. Crude oil prices will assist this process.

WH Ireland: Caspian Sunrise (CASP) - 21p WHI Fair Value Estimate ' Having reported 2021 production of 1,462 barrels of oil per day, investors can expect significant production growth from Caspian Sunrise's shallow oilfields, namely, the MJF and South Yelemes oilfields. Already, the company reported recent production (22 December 2022) of 2,300 barrels of oil per day – all from its shallow MJF field – after bringing its first two horizontal wells onstream. The company continues to advance well completion methodologies that are intended to unlock the world-class ... ' report continues behind a pay wall

$100 oil is a reality and there are so many other factors that affect it. Supply is tight and US are a net importer currently. It will force deals with Iran who can supply quickly whereas if there wasn’t unrest, who knows. Russia is a huge energy provider to the world, this is now going to be a game of wills if sanctions on Russia include, energy, investment, finance as it will affect us all.

Donbas tensions have been happening since 2014 and Putin has taken it one step further, problem is, the Ukrainians will fight and then it gives Putin more reason to go to stage 2 and invade. That would be a disaster economically and going to turn global growth into a recession, crazy stuff.