Member Info for KumKuat

DM,

….lol . Currently Surrey Hills cyclists and moving onto to Dorset. A different car for each day into town., making a noise and my new neighbours will be saying, what a kn*b , growing older disgracefully :)

DM, not me but the Tucker clan, Mrs and daughters have amassed that number. Was cheap to add the additional 2.7m so let’s hope we all get lucky next week BUT not counting any chickens as always.

Un,

As you say, Casper are certainly not the darlings of the city. An AIM player without any institutional involvement apart from Daehan Pharma which I find very odd, especially as it’s more than 10% of their m/cap !! Trust is an issue and unfortunately, until they move onto other indices, the regulatory powers are negligible and they can do what they want with little recourse.

If the news is positive and the price is lower than your spreadsheet, that’s great news, but loads more. Shallow production is underpinning sp and everything else is a freebie. Poor 153 and back to 3.4p before bouncing again or good news, through 5p. Both outcomes are a bit opportunity as so much on the go.

Let’s see what next week brings.

25000 @ 4.115 / 4.01p max sell 50000

True market 4.01-4.115

Un, everything above 4p is a buy. I tested with a little buy and impossible to buy stock online. The 4.035/4.045/4.115 all buys.

Can sell 100k @ 4.01 and can't buy any online. Playing games ready for next week news.

153 result upon us, barge rental ? i think that's close, A8 updates a couple more before perforating new intervals ? 3AB , more shallows and the star of 802, Market has got this wrong, big style.

4-4.035p, that's what you call a skinny market...lol No real volume available either side.

Time for news to do the talking. Poor 153 and sp retraces to early 3.4/3.5p range before bouncing as peeps realise that SY and more shallows to follow, possibly A8 positives? the barge etc ?. Way i look at it 20% decline BUT it will bounce immediately and i'll be loading up. Sold all the RDSB stock today, just waiting for a new home.

Looks like we or those wanting to buy a few, may get a chance back in the 3p range. Market wants a proof statement on shallows and obviously A8 commentary and ‘time being’ have not hit the right notes for some. Shallows alone give us upside down let’s see what we’ve got. I’ll be helping the sp along if 153 is another 154.

We’ll, we’re going to get news this week on 153 and I can’t believe they’ll release news on its own if it was a duffer, that would be very odd. Maybe they have more news on barge, A8 or other bits to soften any blow. 153 should be successful, the magnitude of that success ? It’s not just the revenue it generates, it’s the second HD target that could be successful and build confidence that the many others to come will be he sane and reinforce opinion that the shallows will produce 5-6kbopd or more.

TT

Yep, why not CC and the company maker result is what we’re here for.

Re A5, won’t flow at 3800bopd. It’ll be on a far smaller choke and realistic sustainable levels likely to be 2k bopd. Regardless , it’s those P numbers we’re after.

TT

I believe the market has got this wrong. Current m/cap $115m and we have revenues of $50 pa @ 70:30 / $83/$25 for export/domestic. We're waiting for 153 but i'm going to assume success as per 154 taking us to 2700 bopd generating $65m with many more shallows to follow on MJF/SY. I know that 153 is an IF at this point, as is the barge @ $25m pa possibly but you can see where i'm going here. 2020 revenue was $14.3m, 2021 H1 was $10m t/over and we're generating $4.16m pm currently with SY. Work the sums on multiple shallows and i'm sure Uncertain's spreadsheet comes out with multi bags.

We make money here without a drop of oil from the deeps or 3AB but they are game changers, well the deps definitely are and 3AB could be a huge chunk of change if successful.

With regards to 153, i really don't understand why they didn't wait as if ut was poor news, they'd incorporate it with other news as they did with the BNG appeal. 153 should be succesfull followed by 141/146 and SY HD wells

I'm obviously smoking dope or reading the wrong script but maybe the trust factor is the key so let's see what transpires with 153 next week.

I can see it’s going to be another top up opportunity for those averaging down. Price almost back to pre news level but one of my concerns has been ticked off the list ie 154 flowing at same rate. Increase in prod was a bonus and they’re drilling more horizontals after 153 . Each to their own.

What did we learn from yesterday’s RNS-;

- 154 flowing at 600 bopd
- production up to 1800 /2100 with SY
- Another oil zone at A8 /90m
- 153 drilled and being tested
- drilling on at A8 for the time being

What’s not to like. 153 should be a slam dunk. Production is 50% higher than 2020 and oil price almost double as an average. A8 , who knows whether they get to TD but they have 4 zones to test. The barge rental ?

Don’t know why Clive didn’t wait for 153 result but as I said it should be a repeat of 154 unless it’s an operational **** up. Definitely turned that corner, hopefully onto the motorway and not into that dead end ;)

Cmon Clive, issue a surprise announcement tomorrow onn153??

7 figures to my kids pot, make that 8 figures when i include the Mrs :)

DM,
I wish i was good enough to do the trading but i'm afraid you've got me wrong there. A bit of fringe trading from me when things get overheated but i'm not very good at that either. Simple strategy, buy as many as i can as cheaply as i can. Not sold a bean today although in hindsight, should've sold a few and reloaded.

Can't get away from the issuing of this RNS today without waiting a few days for 153 ? It wasn't a hyped RNS so why not wait ? If 153 was a poor result, they could have included with some of todays positives. Very odd indeed and gave the opp for some to trade (good luck to them btw) and take profits or average down. Much that i enjoy good debate on the boards there's only one person responsible for their investment and as always DYOR applies and never blame anyone apart from yourself as you are pressing that buy/sell button. We all have agendas, mine is a simple one, a £1 sticker on the sp and adding, 7 figures tax free to my bank balance or was that the kid's inheritance pot !!

Probably and other traders ;-)

Only one way to fix that and that's to issue a great 153 result and rent the barge. A8 is the game changer and that won't be far away, good or bad. More shallows to build production and the sp will do some proper talking.

I just don't believe it is and the market is offered and it wouldn't surprise me to see a little more of a retrace . This is PI selling for me and not Mr Rig. Regardless, plenty of profit taking today and now needs 153 to really build the confidence in the shallows. Won't take much to see this back to double figures and the wildcard is A8 and we'll know more soon enough.

770k bopd....lol, one day Rodders :)

Plenty of selling as expected. Not rig seller, just PIs making a few quid and good luck to them. Selling to take profit or average down ? anybody selling at the highs today have options on both fronts, add a few more than you had originally or top slice/take profits. Todays announcement enabled peeps to take a profit knowing that 153 news is next week and the likelihood was that they could add more cheaper.

It was an odd RNS, just from the point of view of 153. Why not wait ? The RNS wasn't written with queuing busses hype, it was very low key. As stated, the long term Bulls like me are in for the end result but the trust in Carver communication has eroded over time and scepticism/cynicism always in play.

The RNS was positive and confidence will build if 153 flows.

Positives
-154 flowing at 600bopd on smaller 7mm choke
-153 drilled and being tested
-Going to drill horizontals at 141/146 and SY. You could read that 153 is likely to be a winner
-MJF production up 7% /111 bopd . Must be workovers but good news as SY and a good 153 takes us to 2.5kbopd
-A8 - 4 new intervals over 90m is very positive but words like 'drilling will continue for the time being towards TD' don't inspire confidence imo.

I just can't get away from the fact that they issued news pre 153 result, there was no need too. Also it wasn't hyped so it wasn't issued to really raise the sp or to get more buck banging from multiple RNSs.

I want to see it multi-bag and not to face more disappointments so i'll keep my cynical hat on until i see the results i need to see. Huge positives that we are at 2100 bopd providing SY licence awarded, the fact that they're talking about horizontals suggests it will happen. That alone is 777k bopd and oil price post $80, Casper share price is still too low but the market wants to see a positive 153.

A8 ? nobody knows and the story continues. The barge ? i expect this to happen. The share price ? i'm hoping that there's a blockbuster coming that could catch out the profit takers but that's the risk you take when investing n penny stocks.

C'mon Clive, no more grapping failure from the jaws of victory. We want 153 @ 600bopd , the barge charter agreed and a flowing A8, that will definitely spice it up !