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Steve, yes a GKP style rise would be good! We certainly have all the signs.... 70%+ shares held very tightly by our own BOD! 2019 will be the transformational year for CASP. I wonder how deep the oil is at A8 let’s see if we find more after the previous A5 target depth. The only way is up from here. Let’s get the MJF Licence out which again will simply double current revenue. Then it’s on to A7 A9 and A10. I’m looking forward to the ride to £1/£2 plus a dividend. Cheers
Jester... so much positive news flow to come! There will be fireworks at casp this week! Will be very interesting I’d say we could see 30p by Friday close. We are still well undervalued with what we already have. Imagine when more shallows and deeps start to drill. MJF Licence on the way.
Fizzy! I really do believe casp will be paying dividends! The question is when and how much? I still have to keep checking the rns to see if it really 58km! Amazing! I’ll be adding Monday. And I know a few others that will. Ideally a tree shake first thing to around 7.5-8p so we can load up! Exciting times- bring on next week!
Hollie.... this is going to be massive! A lot of us LTH have waited a long time for this. 58km of oil is just crazy....
MJF Licence - very soon
A5
A6
A8
801
AIM 50
Tim Field - hes here for a reason and that I believe is to add more assets!
The BOD want the 4th largest company in Kazakhstan. With 58km of oil this is just the start.
2018 results due soon. AGM on the way id say around 21 June!
Monday we should see a considerable rise, I hope to be able to add early under 10p!
onsideman
In the 2012 presentation, their valuation was $3.88billion - that was close to their top so around $4billion. In 2008, they were valued at $63million!
If you look at the chart on page 6, I would say our chart shares many similar characteristics to GKP and genuinely could do the same - ie, go to 50p+ this year and end up in the £3-5 range over the long term.
https://www.gulfkeystone.com/media/15284/investor_presentation_may2012.pdf
With the obvious AIM hype on a discovery like this, I would expect £1 to be reasonably easy to get to. The difference between CASP and GKP is that shares are very tightly held and we would be looking at a stable production regime with around $40-50 profit per barrel at international prices. It is a much better proposition to that of GKP imo.
Jacksdad, the MJF Licence has had nothing to do with the government change! Recently in kaz they have had several government holidays, basically the government has been shut for the last week! The MJF Licence is on the way. When it drops I’d say we could do another 100%... it’s coming!
Coffee no plans to top slice casp until 30p I’ll take a few k off the table but that will only be for a trade.
I know of 20 million+ shares held by PIs, really low free float here... once the good news starts to roll the scramble for shares will be massive. Everyone will want a piece of casp. But at what price. Casp now has £1+ all
Over it. And I DO believe we will get a divi. Anyone who thinks the MJF Licence is not on the way is very wrong. It’s coming and the casp time will change very quickly!
Isn’t taken private which I believe won’t happen! We will get a lot more than 100% of today’s sp. why would you accept 100% when they could of sold for 24p a few years ago. Why turn down 18p years ago from company who wanted to buy a large stake (I believe this company to be Sinopec) ..... I think Sinopec are already in with casp and there will be a point where Sinopec will come in a buy them out for way over £1
That’s just my opinion....