Member Info for Richyptamworth

Brent nearing $121 to start the week

Afternoon chaps. Great to see in an rns what we’d hoped was the next positive . Market should really be looking to take this much higher now . Clear a few sellers who perhaps haven’t even seen news

This was from comms just over a week ago . Hopefully news on both shallows prior to accounts which could be a week or so away .

Our focus is to maximise short term production and we are near completing 141 and 142 - shallow wells on the MJF structure.

We also plan to be in compliance with the requirement to have drilled 6 deep wells at BNG by the end of the year.

By the time of the planned release of the 2021 audited accounts, which is very late May / early June I hope the wider position will be clearer and that we will have reported significant increases in production.

Free float evaporating , Brent back above 110 . Next news hopefully gets us back on right track

Spoke to Clive the outlook for a lot to come in the short term is promising . Company concentrating on maximising output from the two shallows which are near completion . Should be a significant increase in production by the time of the accounts end of May early June so not long to wait really , might get more clarity of the timing and size of dividend so both of those factors hopefully we can get back over £100mcap and start drawing some attention of some new ii’s to sure up even more of the already low free float

Casp was trading higher when this was published and oil lower . Results will hopefully show the true impact on cash balances improving . Markets buoyed this evening after FOMC . Brent 110 . Surely can’t stay sub 3p too much longer

https://wp-caspiansunrise-2020.s3.eu-west-2.amazonaws.com/media/2022/02/2022-02-22-Caspian-Sunrise-Positive-Trajectory-Reinstating-Fair-Value-Estimate.pdf

Just look at the trades post rns . We saw 3.9 paid . Mms then kept dropping even tho was buyers at every level till they caught a few stops and wiped those out

Could be announced July then be paid quarterly that’s great news .

https://twitter.com/tankertrackers/status/1511607620901167106?s=21&t=Pok5rQge9umezAJbnZ40ww

Had it confirmed from board that they don’t use that route to sell their oil so no issues . Don’t be spooked . Oil continues to stay high and we continue to sell it

Is at 1100 metres now . The company don’t want to be rns’ing metre by metre but next update they’ll include as I told them many still unsure if it’s even being drilled

Only 5 . That’s short . I just kid we all want the price up but if we can get a steady dividend in place it’s a win win .

Hopefully the two are mutual share price rise and dividneds obviously the higher the share price the less percentage the dividend will be in current situation . Reality is it’s a way for the Board to start recouping all the money they’ve sunk in without selling shares and current production we could be seeing 5mill a month or more coming in

Can tell who the short term people are . Reinvest your dividends and compound over time . Don’t forget the value is low if they decide to pay out £8mill that’s 10% and don’t forget 70% of that goes to board anyway

Potentialy two dividneds this year too

Solid production and no sanctions . Game on

Great note highlighting the opportunity . Good to see some strong volume potentially WH clients buying in

The information posted in the rns’s by the way

Spoke to the team and like rns’d pre Christmas a7 has indeed been spudded and they’re around 750metres this is great to see and shows we shouldn’t rely on rns’s for every detail and trust the information that is posted