A8 a surprise on the way??28 Apr 2019 08:24
Update during A8 drill, we must be close to oil/gas shows at A8. A5 interval between 4385-4395m, A8 in the last update drilling ahead now at 4,100 meters dated on April 15th, A8 drill is going as planned actually ahead of schedule. The company will update on the way down, oil/ gas shows soon Oil is from 4400m to 4600m and again at 5200m.plus imminent MJF licence approval. Won’t be long before we spud another couple of deep wells, 2018 results currently being prepared. I think we will have a few surprises with in the report. Around mid May based on previous years results. Then we move ahead to the agm again as previous years around mid June.
Anyone selling really needs to have a word with themselves, the desperate are the ones selling. Those that may of been burnt. Anyone who sold on last weeks large 20% drop to buy back in will be losing 40%. Of you stick with your research that together with the bod holdings... you can’t go wrong. Again I question why is Tim field now on board? Why do the bod hold most of the shares? Why mention AIM50 listing?(I have spoken to Clive with regards to this) and it was casp that we’re approached not the other way around. Why did we go ahead with the purchase of 3AB? And the most important question for me at this time! WHY is Sinopec now all of a sudden so involved with Casp? Why? Because they are going to be a JV with us and put up money to bring both MJF and BNG into production and develop the fields faster, that plus the pipelines. Why do we have a 200+ page report on line that has been commissioned? In that report we have I believe 802,803,A7,A9 and A10 proposal, plus information of how to drill. Why do people choose to focus on a chart that was posted with resistance being at 2/3p. I’m not a chartist by any means however with up coming news id not pay to attention to a chart. All these matched share sells i don’t completely understand, good or bad for us we will see. But something is going on in the back ground and I think this will be good for the LTH. That’s my current take on things..... hold and add. Don’t be taken in by those that have sold and need a lower entry. I’ve spoken many times over the last few months with our Chairman, and feel very comfortable with my position here. Yes the sp could be higher, we are building a large oil company which takes time. At the AGM it was stated the bod want to be the 4th largest oil and gas company in Kazakhstan, I was there in the room and I believe that is what they want, and are going to achieve. Three years ago at the AGM... Clive said merger (tick) company name change (tick) more asset purchases (tick). How long will it be until Sinopec step in with a JV? And my final thought.... chevron will be watching our progress like a hawk. Very exciting times ahead for us.... in the short term hold your shares as people are blatantly planting negatives in order to buy back in for a lower price. Remember in this game it’s each to their own. No friends in business... yo
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