Member Info for Leveller45

I thought Clive loved Pies

Yea, here too. Good at least some help came quickly.

The clues are all in the "way he tells it". There is a good reason why Clive is Clive and the messages given. This isn't just a game of chess, it includes battleships, minesweeper and poker with a treble deck of cards.

Latest satelite from 31st Oct show quite clearly the area clearance for the well platform and wellhead sump. Progress is being made....

Did someone say we are about to get a cash injection which is more than the current market capitalisation ?

Did someone say we are going to be able to proceed with testing already drilled wells in a new area and workover some producing wells to re-invigorate them ?

Did someone say that we are currently testing a surprise well which produces 500bopd as it is choked ?

Did someone say the CE and crew have proved their metal in the field and are open to further commissions?

Did someone say they have permits and flare licenses in place for a wildcat drill over a hole in the ground which is oozing oil in west shalva ?

Did someone say they are casting a rule over a producing mine and licenses for sought after commodities such as manganese, copper and gold ?

Did someone say that progress is hindered by the juggling of finances that needs to be done in difficult times in relation to sanctions, oil prices etc ?

Did anyone say that kazakh government pushing development of oil and gas and also mineral resources and has ambitions to be a much larger force in these commodity markets ? With a recently announced plan to develop this strategy ?

You're right, I wonder what Clive will say.....

Yea silence for so long on the promise of getting down to work and promotion previously, then silence. Money come in, another chance to dip in after shattering the sp. Mmmm feather my own nest. Shocking so far!

Actually, looking back at the permit, there were three intervals of interest but looks like they've settled on two for the flaring permit - something to do with depth and preassure maybe ?

Yea, easy drill, probably not a gusher but might lead to reappraisal and a couple of wells along the fault line which runs left to right across the area.

Block 8 is what we really need...

Hi DM,

The permit and the design plan for the new well WSH-P1 was submitted for 2800m following that..

New Gas Flaring permit for WSH-P1 well on North West Shalva for 66 days from 19th Feb 2025. 2 intervals of interest to test 2200-2220m and 2600-2620

New tender with result for well platform construction and wellhead sump for West Shalva. Spud soon! Then 51 days drilling and upto 270 days testing (that's upto).

That's good :-) cos I can read your mind...

Did the slidedeck get published ?

Dividends not division ...spellchecker....doh

I'm not a fan either until they have division and are so awash with cash they can't expand any more so they want to increase eps

The company can buyback shares from the open market and either cancel them, thereby increasing the 'current value' of existing shareds or they can put them in treasury and hold onto them as a war chest, which doesn't increase 'value' of existing shares (as they haven't technically been cancelled.) I hope it's to increase value and really only worth doing when steady income flow and profits.

Well Smarty,

That's a super summary. The minerals piece is bang on, kaz wants to grow this massively and iron is no good without manganese and neither are batteries, let's hope the numbers stack up.

The rest is great news too, as has been said by many here...get them licenses and flow the deeps....

A bit longer to wait but things start to move hopefully when cash comes in...

Oh, and I think the crew of the CE will deserve some good R&R when they get back to port tomorrow....

Let's also hope we get forward notification via RNS of operational update and trading position. There's a big wodge of sausages, sorry I mean cash, coming into the coffers and it is interesting to see what the next 6-12 month plan will be in light of this. It's not often that a company is truly fully funded but they will be but the market will be looking to see some decent plans for income replacement/generation, not just a wildcats he'll of a chance but some really positive news and strategy.

Looks like CE due in Bautino at 14:00 tomorrow. Meric tug with restricted manoeuvrability.