Member Info for KumKuat

Un,
Pie and eat it, now that's a nice thought. If you're as old as me and can remember Desperate Dan and Cow Pie, that's me. The pie is full with ingredients and in the oven, hopefully cooked perfectly and ready for eating or burnt and back to pie no 2. Actually in my case, hopefully it turns out well, i'll have a top slice and then freeze it for future slices and eventually i get to eat the lot !

I'm not trading it at this level but will play the fringe game if the sp travels north and gets a little oveheated. Sell a few of the cheapies and inevitably buy a few more on the cheap and build the pot. Not overly large sums but makes things a little more interesting but as always, timing is everything.

Good to see sp edging north but the bid is weak and max sell 50k @ 3.4p. We obviously have selling pressure and next move is down unless the buying continues. I'm still waiting for the shaky, shaky moment before bank holiday and to confirm that this is is another orchestrated P&D knowing that positive news is likely and an easy 10-15% on volume business. As always, very happy to be wrong but i won't be eating humble pie if the sp continues it's path northwards.

Mr C,

MM's know there is a sell order to fulfil at a certain price and the buy/sell is being matched. It's happened over and over over the years and i have no idea who the buyers are to absorb the considerable volume. If the sales volume is rig seller and staff bonus recipients then that's considerable volume to dump and the sp is still rising, why ? Either an orchestrated P&D or other larger players getting into the game on the cheap ? As stated, mushrooms in the dark.

I’ve given up speculating on the trading when the big numbers land. Looks like matched trading but who’s taking up the slack ? Being pumped and PIs joining or bigger players absorbing wells ? surely that would be agreed off market.

As usuals, mushrooms in the dark, you know the rest .

27p on shallows lol and a £600m m/cap ! all based on shallows, no debt and future Divis. Much that we want the sp up, I hate BS but hey, this is the AIM Casino.

Still undervalued and done good momentum so let’s back it up and bags to be had. If we wan 27p, the previous high from the A5 euphoria then that’s what we need, a flowing deep. Blue sky and ramping will come on good news and those who know the real value can make real money.

Great to see Crude back up and 2021 is looking like a $70+ average and 75% up yoy, great for Caspian if continuing to build production and the 2021 accounts will show a transformation to profitable company who want to pay Divis ! Get the oil flowing and the sp up, we’ll all be happy with that ??

In Steve we trust....lol

27p it is then, where do I sign.

Whether it’s tog seller or not, we need to get the positive news out to absorb any potential overhang. Just hoping that our recent positive commentary isn’t a repeat of the 2017/2018 IP and the buses analogy !!!

150k max online sell @ 3.2p also tells a story.

CC,

Let Casper do the promoting. Build those foundations and hey presto, the message will get out there. P&D for me hence no follow through today but as always happy to be proved wrong and even happier to see the sp edge northwards.

https://uk.finance.yahoo.com/quote/roxif/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAAGojvu6b3uYcCNoqhZApFntfHD8oQjGg0MIvceqi8GQCrTJYbFXJrkZ_6OXsVMXgOEVS4usqYQRcuJTV9fPsHIxCVGtbWjLUvdDMC4y4EWRQVlMpNYXd3W6H55x4-gpEx0ldJqVtLPoY8AViPT8PUsfHjaNHLkyx6Qb8pXqU6ZzB

Traded up to 10c on the open on OTC, closing at 4.6c or 3.35p in line with UK markets. Weird and we’ll soon know whether another little p&d or more to it ??

Badge,

Buys never fly in like they are.....lol. We are the serial P&D stock and yes, i've seen it over and over, especially as news due before month end or probably next week. I'm happy to see sp go up and i'll be even happier come a positive 153 result and SY licence. I suppose history will show if this is another little P&D but regardless, the sp is going in the right direction.

Un, yes, spot on.

Future prices ? soooo many factors and i'm sure that every player wants to max out on current reserves and short term exploration projects. Will we see $100 crude again ? possibly but not for long and there has to be that time when demand wanes as environmental pressures build and the big boys increase production causing the inevitable crash. Still see crude maintaining these current levels in the absence of future major crises. The large industrial players need the resources to fuel their economies and much the environmental pressure building, i don't see things changing quickly regardless of climate change. I suppose time will tell and Caspian need to get their finger out whilst oil production is lucrative .

I'm happy with the Brent bounce and going to have a little poke at $70 as $ weakens.

Interesting when you look back at Crude prices over the last 50 years to see the average prices. Oil ranged from $12-$38 over 20 years to 2004 and the average price was only $22 ! From 2005 to date, the average price has been $74 distorted by the 2011-2014 period whereby it averaged $108 caused by supply issues, Libya crisis etc and i remember Goldman Sucks quoting $130, same as their quoting $100 today. Crude averaged $100 in 2008 too in the midst of the financial crash and reached $159 as an all time high.

Crude averaging $66 this year and probably will be over $70 if it reaches $80 over last 4 moths, the highest average price over the last 7 years and great for Caspian if they can build production.

We've bought our tickets, sitting on the runway in a queue, waiting to take off or to be told that we have a Covid case onboard and return to base. As stated, 154 continued production, 153 success and SY licence gives this a proper boost and the only way it doesn't move to 5/6p+ is if our latest share recipients decide to sell but i don't see why if horizontal drilling changes the game.

Whatever your game. theres 3 bags available from the recent low and more if shallow production builds. I will be hanging around til the end to see if they can get lucky with the other assets and they'll probably add more acreage if they create cash and get presented with opportunity.

Please don't disappoint Clive, now is the time to create that real shareholder value you've talked about for 14 years.

Meanwhile crude over $68 and hopefully on the way to $80 before year end.

The little peg back has strengthened the online bid. Up to 500k @ 2.95, 2.901-600k. They definitely want your stock and i'm waiting patiently for that shaky moment. A couple of weeks for 153 news, maybe SY with it and both are likely to be positive so why sell unless you need the dough or are looking to sell and buy in cheaper ? A risk strategy when hoping to buy in below 2.9p ish ? I thought the MM's would keep the bid tight so any volume would send it down but they know that news is imminent and probably taking a few onboard ?

Another 700 from 153 and 300 from SY, that'll take us to almost 3kbopd and just need Crude to get back above $67 and hoping that the bottom is in @ $65.

4p next stop but i'm hoping the market doesn't realise what's happening here as the company transitions to a profitable business. We may face some headwinds from an overhang but there are also positives from that if you're looking to build a pot knowing that there's more to come from the shallows and a free shot at the other ongoing and future opps.

The rig situation is an odd one. They are obviously under pressure to meet licence commitments and there was talk of introducing a Partner but that has gone quiet so i presume there's no interest rather than Casper keeping all the spoils. Obtaining their own rigs was a good strategy with the equipment & parts shortages and maybe the strategy is to have a few more attempts on the cheap before abandoning. They outsourced 3AB as there was obvious interest but i think the history on the deeps has meant no takers.

I've asked questions as to what is the real issue getting them to flow. We understand the heat and pressure challenges but my concern is the loss of mud and obvious lack of pressure, otherwise if the oil was going to flow, it would. Is the reservoir tight and hence the fracking that we've not had any feedback on ? I feel that oil at 4300m is not going to flow or maybe A5 could and that's the one with the best chance as that 'allegedly' flowed @ full choke for 15 days @ 3800bopd. Why did that flow and get blocked ? If they can succeed at A5, they could learn more about the Airshagyl structure and convert them. Still in the dark sadly and now the change in direction to target the Devonian with 2 wells.

Un, as you say 8-10p entirely possible on MJF and SY is an unknown as no P numbers so what does that structure hold ? 10p+ on shallows, company will transform into a very profitable company but the real riches are from the deeps. 3AB success will give them a cash chunk to invest in other projects, maybe an offshore project involving the CE or buy more acreage. The story won't end with deep failure, it will go on providing they're generating ample cash.

Let's prove up 153 works, get SY released and show the investors the accelerated operational schedule and timelines. The hype and ramping will return !

It’s all a bit of a mess isn’t it ! Worth a note to Mr Shin yo get his view on things. To drill down to 5300m with the g40 rig ? Drilling the 153 with the RT50 and 802 with the other RT50 ? They must think they’re capable of doing the job but as I said, a note to Shin to get a proper explanation.

Cc,

Yep, another question asked of CC but no response. I’m sure we can list the no of instances where the communication on deeps was misleading starting with A5 in 2014 ! That has to change now and Shin needs to take responsibility for operational content in RNS format, especially if they want to attract new investors. Many of my pals have ditched their investment due to serial miscommunication .

We need a new IP and each shareholder should write to ask for it as it will generate investor interest and to issue it following next positive news on 153 and SY.

Devonian is a long shot and as I see it the 4300 m Ablock targets will be P&A apart from A5 which is a FOMO situation at this juncture.

Agreed, we make money on shallows, 3AB and possibly the barge. The Devonian is a company maker but a long shot snd knowing Caspian, they’ll add new acreage of deeps don’t come at BNG.

The little miscommunication was the bOpd, should’ve been bMpd ! I did qualify it out and just another bit of obfuscation from our Clive sadly. If it was otherwise I’d be with you but sadly not.

I'd love to agree but can't as CC was telling fibs. It didn't flow oil as qualified out at Shareholder questions in 2020. That's the biggest issue that i have with Caspian, poor communication that's been misleading at best. A8 isn't going to flow oil from current TD, they're going to cement and drill on from current depth. They must have to step out and then drill vertically as i don't know how they drill from the same well when it was completed and perforated ?

I also asked whether A8 had been fracced but that question hasn't been answered so we wait to see the conclusion of the Devonian attempt. An exploration well but if we were fortunate enough to hit commercial oil, then things will get very silly, especially as 802 down the dirt track is also targeting the Devonian.