Member Info for Richyptamworth

Can’t work out if that’s serious or not . The bid has gone from .08 - .24 that’s a 200% rise in a few weeks . You’d take those returns against the market any day . Whats promising is the volume it’s risen with has been fairly low and the ask still remains super weak . Hopefully next news pushes this back around the .35-.4 levels which is definitely say is meaningful

Could be a pivotal week . 3 year down trend could finally be broken with just a small rise to get .2 on the bid , a close there would be bullish . If you look back on the chart to where it broke a similar downtrend in the past it ran from these levels to its more recent highs of 3.5p , not out of the realm of possibilities with good news to go along with chart and momentum traders . Here’s to a bright 2024 hopefully for all holders

Resolution passed to buy back shares . Let’s hope the next 12 months allow them to do that and reduce shares in circulation as well as resume dividend

What is the plan to ask for ? If it’s just a consolidated update everyone wants hopefully John or Peter can get something sorted for everyone without the need for that

What’s the purpose of the EGM? if you don’t mind
Me asking . How many of you attended the AGM last year?
My concern would be an Egm would cause more damage and give mm’s another reason to drop the price .

Difference aside . If you unblock me you can add me in to twitter group .

Imagine if we get an operational update with some positives regarding 802 or bringing the shallows back online too . If we crack six there’s plenty of higher levels in play short term

Very nice start to the week to keep momentum up

Looking forward to our 3rd then 4th then 5th ……… something tells me this year is going to be the one we top 5000bopd for the first time . They aren’t about to stop the dividend when they’re already earning enough to pay them and buy no rigs and work towards new assets too . I keep saying this but the dividend is mainly going back to the family who’ve supported this they deserve to start seeing returns . We’re just lucky to be along for the ride .

Probably explains the decent price for some large sells this week . Looks like someone wanted a nice chunk

A year of ups and downs . Progress made but a little lost towards the end in way of production . January should see plenty of news and if they can get production back to 4000 from the shallows with added success from a deep we could see the best quarter we’ve had in a long time . The promise of continued dividends should help pin the price . Hopefully some macro tailwinds too can help things along . Good luck all in 2023

Some decent purchases today no holiday slump in action people continue to accumulate

In 2018, the Caspian Explorer was hired out KazMunaiGas for up to $24 million drilling one exploration well to a depth of 1.8 km.

For those new to the share
http://www.ersai.kz/business/shipyard/caspian-explorer-drilling-rig-barge/
Shows how undervalued we are when we have this asset on our books and no value is attributed to it in the Mcap . This is no rubber dingy or tug boat

https://www.vesselfinder.com/?imo=9605671

Charters could be in excess of 15 million

Till ex div in stuff we talked about for a long time is finally coming true . Been a long time coming, but with dividend and a lot of new investors coming in by looks of it we should have a very bright future . Looking forward to increasing production these bits of news should be bought now with the promise of fcf being distributed you’d be mad selling news for quick gains .

Once the first few dividends are paid really will show how serious this company is . If 12mill per year is currently estimated 35% fcf they’re basically saying they’re expecting 28-35 mill a year fcf

Worth remembering if you sit there thinking it’s too good to be true don’t forget the Board and close people to the board own the shares so they’re effectively paying themselves . US few pi’s that hold the rest get to be rewarded with them . Any success’s now from wells will just add be nice to get to 10p with 5-7% a year or 20p at 4-5%

The size of the first dividend is indicative of the levels to be expected in the future. The Board intends that the future dividends will be paid on a monthly basis, based on the higher of £1 million per month or a pay-out ratio of broadly 35-40% of free cashflows.