Member Info for KumKuat

JD,

I'm out and about, Qatar ? what have i missed, am missing ?

Shevek ? is there a link to that ?

Yep, PANR x 17.5 bags from the low and i'm kicking myself for not taking more. Not a fan of JC and loaded up more in Casper and trusted their leadership !!!

We've had to go through, Brexit, Covid, Kaz riots and Ukraine unrest, all headwinds affecting the sp. Hopefully the Ukraine tensions is the last of the geopolitical crap and Covid is soon downgraded to 'epidemic' and no more business interruption. Undervalued and still unloved but the right news and improving financials will see this back in double figures before you can blink. Will there be a news embargo until the meeting on the 9th March ? PIs currently control the game and articles like Zak Mir's this morning, will increase shareholder interest. The only sellers will be the PIs so if there's a tight free float and limited selling, the price will spike on the right news.

In Shin we trust ;) and hopefully his good run will continue with A8.

Weird market. Can only but 500 shares @ 4.595p and max sell is 350k @ 4.375p, 4.45p up to 250k ??

Can't buy 1000 shares, going to ping again and maybe a look at 5p on the cards today ? The market is sleeping and most PIs are probably loaded up. I broke another rule and have added a few more.

Down to Casper and the news to do the talking.

JD,

Yep, agree. It was vague and a holding statement.

Et al,

KO forsaking $6.2m cash and $420k pa interest. Deal struck @ 3.2p and he's already $2.5m to the good. Every penny appreciation gives him $1.9m, a very nice deal for the Orazimans. No more dilution, the feeding has to stop now and any future asset acquisitions need to come from company coffers.

Primed and ready to blow with the right news starting with A8.

Bull, 950k @ 4.41p

This id going north and market hasn't woken up, it will !!

https://www.bbc.co.uk/news/live/world-60372815

This is now primed and ready to go. Last to acts, options for Shin and Limerick followed by the debt/equity swap.

Russians pulling some troops from border so hopefully diplomacy the victor. Ducks are lined up guys and gals and the SS Casper is about to leave shore :)

I’m glad it’s now out of the way. It was announced 6 months ago when the sp was in the 2p range and a at a premium when announced. They could’ve done a Placing at 2p probably less, to raise the cash needed to keep Casper going at a time of crisis. They already raised a £1m to pay off debt. Also, they got shafted with the CE swap for equity, 25% of the initial deal at 12p.
Yep, they could clear debt by repaying Kuat from CAB but that’s not the deal. I take it as a huge positive that KO has elected to do this rather than take a guaranteed 7% on the outstanding loan and the decision was made when the transfer was to be done at a premium of 30% to the market price at that time.
Pointless voting against, PIs have only 12% of the SII and it will be voted through, I’ll be supporting it.
Final action before letting this go. KO clan have enough stock and the sp appreciation from here makes them very wealthy indeed.
TT.

https://www.rogtecmagazine.com/caspian-sunrise-happy-receive-6-year-appraisal-license-bng/

2 1/4 years to go for Casper to start converting deep appraisal structures to production. A7 and 802 to be completed by H1 to meet licence commitments and they'll have 2 years to convert the Airshagyl and Yelemes structures to full production. Not sure what happens come June 24 if wells aren't commercial ? extension of licence probably but hopefully that's not required !!

I love the territory map of BNG. That big puddle called Tengiz and the other little green puddles around it. Time for us to get properly lucky.

Yep, it's a fluid situation and they have to press the right buttons to facilitate the right outcome. Zelenskiy will play his cards ie he's part of Europe AND any NATO accession is their decision. Germany seem to be backing them and toing the line of solidarity and threatening all out sanctions.

Russia is the worlds second largest oil exporter and war in Ukraine doesn't necessarily mean that export routes will be minimised, the world needs oil. The supply/demand dynamic is bullish currently in the favour of demand and also there's the increasing US production plus the US/Iran negotiations could see dramatic supply increases there, that's without Saudi opening the taps.

Kaz have nothing to do with this and would not get drawn in and Casper will go about it's business , filling those coffers.

https://www.telegraph.co.uk/world-news/2022/02/14/russia-ukraine-crisis-latest-putin-nato-war-refugees-diplomats/

ODS, the situation is fluid and concessions will be made. Crude price will be a good indicator of the situation and at $93 v $96, i'd say that diplomacy is ahead. Unfortunately, Ukraine will probably be the victim in this and the key ask is not to join Nato. There is a solution there or multiple solutions. Could be a neutral state a la Finland. Could delay the NATO sign up for 10 years, Nato-Russia could negotiate a new security deal, amend the current Minsk agreement etc.

Brexit, Covid, Kaz riots, Ukraine tensions.....lol, trying to make an honest buck is proving difficult !! It's bad enough dealing with bad news from companies but let's hope this really is really the SUNRISE moment, helped by a peaceful outcome on the Ukraine.

C'mon Clive, tomorrow would be a nice day for great news :)

Mike,

Crude will bob along at this level with the key driver being Ukraine tensions. Drop a couple of dollars on a chance of a diplomatic resolution, spike on escalation and that will probably be happening hourly. There has to be a diplomatic solution here and if so, Putin will be the victor as he has to take a positive back to his people. Military escalation is not a win for Putin and that will damage the Russian economy and create more unrest, weakening his position at the top. Thin lines but it's sabre rattling for me, everything else damages Putin in the short/medium term.

Current market is well bid again up to 450k @ 4.11p, 650k @ 4.06p, offer at 4.34, 5%+ spread, good ole MM's. To sell @ 4.11p and be able to buy cheaper ? yep, obviously possible with the tensions but you have to counter that with the multiple news releases ongoing this qtr and throughout 2022. News tomorrow or Wednesday, hopefully will more than counter any political negativity.

$95+ !!

Somm,

Yep, time to let the news do the talking so let's be avin a comprehensive update. 30 days have elapsed since Shin and Limerick have picked up their options and time to bring on the first commercial deep. P&D, surely not, we've never seen one of those before, unthinkable.

C'mon Clive, 14 years, 8 months 20 days since admission to AIM and time to deliver. I can still remember old Rob S's comments back in the day and the excitement in getting the Pox to become a major player in the regional oil business. About time don't you think .

Crazy spreads. Morning trading @ 4.6% average, then went to 4-4.03 and 0.1%, now back to 5.2% @ 4.16-4.38 ?? No selling today so the bid price irrelevant. A P&D for me but hoping i'm wrong and it's positive news on all fronts. Nothing wrong with a good dose of scepticism or should i say Caspier experience...lol

Lovely to see but only 1.9m buys, £75k and 0.75% of the free float. It shows how little volume can move the share when there's little selling. P&D comes to mind and how many times have we seen it on a Friday pre the likelihood of news the following week. If we see selling on Monday Pm or Tuesday am, you'll know the game. The ship isn't leaky and nobody knows what the next news will reveal. Cynical ? after 14 years, i've seen it over and over and we'll know more next week :)

Actually 800k @ 3.7p. Weird old game as Wednesday when i last tested, you could only sell 100k @ 3.71p but i missed out yesterday as i was out all day.

C'mon Clive, let's hear the news that A8 is still flowing and a with a better flow rate. Even better still, some detail as to what interval, depth, pressure and API :)

Yep CC, the market is asleep on Casper. No real coverage, no broker notes and no institutions buying selling as they're not involved. The only volume transaction was the Kairat sale off market and it's the PIs only that are controlling this. I believe there's only 250m max in PIs hands and if i can account for 20m+ held by a few individuals who aren't planning to sell, there's not a load of stock out there so the right news could see this getting silly. Many stale lth's will sell and new peeps will enter the game but if the news is positive and frequent, a tight free float is going to spike the sp.

Down to Casper to deliver the positives so that the PR can follow. Need a detailed strategic plan, a new IP as it's 4 years since the last composition and as we know, it needs to be factual, no more Walter Mitty stuff !! Under promise and over deliver and they now have a proven track record on the shallows, just need A8 to be the first commercial deep and the action will get silly.

Market is well bid as can sell 700k @ 3.7p. I suspect the MM's are expecting an update next week and need a few more Caspers in the bank.

TT