Member Info for mikebassetts

well into January now ,so where's the news on the rig and licence extensions?

munchbox-i read the same rubbish when this traded at 2p. in time the company will be worth much more than $0.5bn. but nothing happens overnight..

http://cassiopeia-ltd.com/investor-symposia/ i guess there should be some news soon?

ok-thanks

fair enough eyeguy but should it not be clearer?

slightly confused as to why people are expecting the cpr so soon? "The Company has commissioned a Competent Persons Report ("CPR") in respect of its Namibian acreage from the consultants AGR Tracs, which is expected to be completed by the end of the year. A CPR is an independent technical report on oil and gas assets. It is then the intention of the Company to launch a structured farm-out process of its Namibian acreage with a view to seeking a partner to fund future operations on the block, commencing with the 3D seismic project." it does say by year end,unless i've missed something?

"open in all directions"!

might actually have a chance of breaking even? would still like to see some positive movement on the coal assets..

Tom-i think TM will explain more on beutong plans in next podcast.The existing partner is a company called Media group (don't know anything about them) but yes,the cashflows from bkm is suppose to help towards the beutong project but from memory TM did in the past mention the need to partner up on this...

i think beoutong needs a partner-at the moment there is payment milestones to take the interest up to 80% .The project is way too big to handle by themselves.. but the ksk licences have the potential to get this to $1bn market cap....

mindaao-looks to be like a bfs on beutong should coincide with bkm moving into production,just 18-24 months away.. at that point (with everything going to plan) the share price should be 30p-50p, or even more?

joke of a share price,we just can't get past 3p..

spot-no one is asking you to buy.. but carry on commenting as it's constuctive use of your time....

need to stay around these levels so we can move eventually 4-5p..

that's �6.5m!

should still higher then 3p (market cap of �6.5) on the news we're getting. i've given up trying to understand if/when the share will ever break 3p..

yes there's a few mugs selling this morning.

dogtyred-and why would do say that!

you mean half a billion usd, of course there's additional discoveries on the bk pospects since and much more to come on the ksk licence(ie bario) and now we finally have the beutong prod licence and that has the potential of containing 4 times as much copper..... a few people (no names need to be mentioned) have gone a little quiet after some smuggish comments last friday (and over the past few weeks) as we've waited for todays news..

should it really be at these levels?