Member Info for KumKuat

Market is very strongly bid , stronger than it's been for some time. Can't buy stock easily and 10-25k maxx size and can sell 1.2m online as of now. Are we actually on the cusp of getting some positive news, news that will move the share price rapidly northwards and hopefully some fun for the long suffering shareholder.

Regardless of news, the Market Makers want stock and 2.31p is their current offer and not letting you have more than 10k on the ask!!

Ah, KumwatMAY....lol, i'm a little bit slow today , apols

Yep, that about sums up my investing career in Roxi/Caspian and in from the beginning unfortunately. Obviously next developments are key and a positive conclusion on the regulatory bits would increase confidence levels considerably.

Interestingly, they didn't go to market for extra cash especialy as they had the qtrly $788 BNG charge to pay last month. One can assume that they're generating enough cash regardless of the poor domestic prices.

Nice to see a few larger buys going through and hopefully it's Fido, Rocketeer and their Kazakh mates.

Uncertain, apologies, don't understand the question, staying with Caspian ?

Hello Fido,
Kuat not liking Kumkuat, one of my favourite fruits ? Our Kuat or should i say his family are the majority stakeholders in this game. He and his leadership team have misled the investor base on numerous occasions. People blame our Carver, he's only the messenger. There have been so many fibs re the state of the deep wells, all the way back to 2014 when A5 discovery made, well actually it's not a discovery as it hasn't flowed.

In addition, Kuat has bought the rigs from his mate Mr K who's dumped the stock, purchased 3AB for a princely sum, added the CE for another chunk of shares. One good thing, he hasn't diluted it to death via the Placing route but he has dumped a load of assets in the company to do it another way. Another good thing, Caspian is his vehicle to better things and going Private or selling it are last resort actions, hopefully we never go there.

Maybe our KO and co have been playing a game and not been honest with the regulatory authorities and the wells are all lined up like little ducks ? You could argue that it's plausible due to the oil prices and the % sold to the domestic market but it's been going on for 6 years plus so very, very un likely.

The deeps are a c*ck up and a very expensive one at $70m+ sunk to date. I still hold out for A5 but that's not flowing now, neither is anything else. As stated many times, they need to resolve the BNG charge favourably, get SY back on line, build revenues from the MJF shallows, rent Boaty, drill the Devonian, spud a well on 3AB. The deeps can be mothballed apart from A5 where remedial/side-track no 4 continues in the hope of eventual success.

Happy to be miles off base and it's flowing deeps and success all the way but we all know that's a load of baloney.

Oh dear. The rocket and Fido, heaven help us. 6p,30p, £1 party, even FK was more credible, on second thoughts maybe not.

News is due, I don’t care when, all I care about is the content and it’s positive nature, hopefully.

Not negative, just realistic. I’d love there to be deep success but based on the news I’m reading, it’s very unlikely. I do have a few quid invested so I’d love to be proved wrong.

Badgernator,

Unfortunately the communication has been very poor, not just the operational performance but the inconsistency is awful. investors have no chance oof making informed investment decisions as the info is misleading and often contradictory but we still choose to invest !!

McBoaty ? we were fed some scraps re some interest but as you say, exploration season is upon us and won't be long before the Caspian is free of ice and ready to be drilled. Same snippets for a deep partner but all gone quiet.

Kuat and his family have a lot to win/lose with Caspian and i'm sure they want success as much as we do, hopefully a little bit more . I'd take a positive BNG charge outcome and South Yelemes prod licence as a start. At least we can value the business on production although a revised CPR needs to be done but that's unlikely until there's resolution on the deeps.

Hoping that the next news is not another disappointment and appeal not heard, SY stil waiting and litle progress elsewhere. If you take that as a start point, hopefully you'll not be disappointed, maybe be pleasantly surprised.

Bull.......lol

I never liked a red herring, snapper, now you're talking.

Deep success ? Can't see it from last communication ?

A8, limited oil and gas shows between 4349 & 4499m and no commercial oil. Next step to fracture and complete to see if it can flow at commercial levels, this to take 2 months so no news there. To be pedantic, i thought they'd already completed and i also don't understand how they drill on to the Devonian after completion.

A5, playing musical pipes again. Pipe removal paused whilst waiting for pipes from A8. If they can't remove the stuck pipes ? they'll do another side-track ? They've failed three times and the PIE is still stuck, don't get it.

A6&801 ? Nothing going on there, operations paused.

I want deep success as much as the next investor but nothing in the last RNS convinces me that a deep is going to flow. The communication is awful, nobody can make sense of it and we have a NE Chairman who can't remember what he communicates from one day to the next. It is flowing, flowing what, oil or mud, what's the pressure, flow rate etc.

The only surprise that we could get is A5 if they've been holding back the truth until the BNG charge position is resolved, good or bad. Personally i believe that is very unlikely much that i'd like it to be a gusher.

Anybody hoping for a deep success in the near term is going to be disappointed. The last RNS was poor and unless there are games being played re miscommunication then i see very little chance in the short term. The BNG charge resolution and the poor domestic oil price are definitely factors to limit production and maybe truthful reporting, anything is possible with this bunch.

The commentary on A5 was disappointing and to consider another side-track, why ? They've failed 3 times and the stuck PIE at point of side-track re-entry is allegedly the issue. We are really in the dark on the deeps and i'd prefer them to carry on with MJF and drill the additional 800m to the Devonian to qualify in or out.

Regardless of deeps, the fundamentals support a higher sp but confidence, lack of trust leading to poor sentiment are all factors holding it back .

CC, depends on the news obviously. Worst news ? take your pick, Private, going concern, sale, problems with authorities, MJF not producing, Clive still spending the pie budget.

I was encouraged by the fact that the authorities allowed them to export more, if add odds then I don’t believe that would’ve been offered. Nobody knows the outcome of the appeal trial yet, probably delayed but just that, agreed licence deferrals and SY back in production is enough to jolt this north rapidly without any significant operational news.

We know all the other opportunities but more cash in the bank and acceleration of MJF project will give a healthy return. Suppose that’s why we’re still here and hoping to take advantage from a depressed share price.

Going to have a push through $67 and won't be long to see $70 broken. Even Goldman Sucks is quoting $75+ come Q3. Also good to see positive announcement at RDSB, that was a bargain for anybody who added in the £8 region and plenty more to come there inc continued divi payments.

Some large buys recorded on Caspian in the last few minutes and as usual, i have no clue as to what's going on with the trading. Buys outstripping sells but the bid is max 300k sell, 250k buy ?

I didn't like the last operational update on the deeps, i don't believe many did. The A8 commentary was a real disappointment, to be fair, they all have apart from A5 which has been a comedy of errors.

When you read back on the A5 commentary in 2014, the oil sodden cores. i believe the initial description was, dolomite limestone, fissured, porous, vuggy, filled with oil. We know the disappointment to follow but then the sidetrack and the 3800 bopd for 15days, the flaring video etc.

The oil is obviously there and if the dolomite structure is fractured and porous as per cores, why isn't it flowing ? Can't be tight so is it the heavy drilling mud used, the real problem ?

In commentary, all the Airshagyl wells have shown similar characteristics and an oil bearing horizon of 100m but that is yet to be substantiated. All a bit of a mystery but as i see it, the only well that's shown any promise is A5 and that's probably still the best chance.

All a bit of a mystery to me and after 6 years, still no wiser but i remain invested to see success or abandonment of the Airshagyl structure. They'll still drill the Devonian if that's still possible from A8.

CC,

Yep, pointless looking to average down pre news. I’m hoping that this time is different, not an opportunity to sell and reload, the start of the road north and to build the pot knowing that the fundamentals actually support the sp.

Bad news and back to 1.5p but the loosening of the export ratios suggests that maybe they get some traction on the regulatory front, let’s hope so.

Uncertain,

The bid has strengthened and 50-375k online at 2.36p and max buy of 150k @ 2.59p, some spread and great business for MMs. Yes, agree that you've got to be eager to be selling/buying with such a large spread, smells like news could be imminent.

The deeps and other projects ie 3AB, Devonian or a shared deal on an exploration project with the CE, these will provide the sizzle and serious upside. An advantageous regulatory update would kick things off, that together with a refund would be nice. Follow up with SY licence award and a new timeline for shallow development, many bags to be had. Then on to the serious matters to provide the razzamatazz that we first saw on the A5 discovery. The downtrodden Roxi/Caspian investor, able to dream of a positive future, who knows.

P&D ? I expected to see a sell off today so nice to see otherwise but the spread is a joke and the bid is still 2.3351 to a max of 275k online, slightly weaker than earlier today. I still think we will see more dumping pre news but wouldn't it be nice, just for once, to get really positive news and long suffering shareholders can revel in some positivity. Many bags to be had starting with the regulatory bits with many snippets to follow. Personally i don't see a deep flowing for some time but maybe a game has been played as a result of the BNG charge and domestic oil prices. Maybe wishful thinking but all will be revealed soon.

The dump stared @ midday with the 600k sell followed shortly after by another couple amounting to 500k and since then it's been largely red and the bid is weak currently @ 150k max sell. It's a TA play for me but maybe another train of thought, it could be linked to margin calls on stocks like ARB who touched 310 today and crashed to 2.20 ? Unlikely and i'll stick with P&D.

Love to be proved wrong but 1m dumped and can't sell any stock. Looks 100% a P&D exercise, a technical move and next move is backwards unfortunately, as i say, i hope i'm wrong .

Uncertain,

You know better. As per your post, there is news due on many fronts and hopefully an amicable and positive resolution to the regulatory bits.

Believe in Fido....lol

Fido,

5p tomorrow, 6p yesterday, 10p by Valentines...lol. Your Kazaki mate, your partner mate @ HUR, undervalued worth 10p next week.

Not wishing to rude, actually probably am, my dog probably knows more and he says it's another P&D, buyer beware,

Kuat, about time you delivered some positive news sir !!

Uncertain,

Giving Fido the benefit of the doubt...lol. Have you read his posts !

Fido,

5p tomorrow, 6 p by Xmas, worth 10p, 15p by Valentines Day...lol Your Kazaki mate, your contact in HUR....lol. Not wishing to be rude, well actually i probably am as your spouting a load of old tosh.

About time Caspian gave us some positive news to build on !