Member Info for SmartyP1

But I’m all for Chelsea in Orange 😂

….lol. Trouble is, it’s not Clearlake 🙄

Spangle on ADVFN posted a good explanation of the position at WS.

The positive, WS was a 50:50 chance according to Gaffney Cline so the fact we found oil is a positive, the commerciality ? heaters and pumps needed but let’s hope that they get a result at 3400m.

Our cash isn’t going to last forever without production income and B8 P1/2, WS and 803 are the most likely short term. Without it, our cash position will decrease and I expect to see investment ,probably the ME deal. Would like to see some positive news on the CE to bolster coffers but with their aggressive work program plans, we need to see income.

As stated at the GM, Caspian are very happy to use other people’s money and the only thing holding the ME investors back was the licence position so the deal is very likely imo.

OJ,

Is it still running, 14th out of 16 and Qazaq in the 4.05 @ Newcastle, last of 9 😂😂 Let’s hope Casper isn’t running tomorrow. About time our luck changed 👍

Silly spread at 3.03-3.24. The bid is being controlled at 200k and has been over the last couple of days trading. If MMs want to see some volume then stop robbing investors with a 7.5% spread, daylight robbery.

Morning all ,

Feet are firmly planted and a good degree of cynicism is required with Casper, that's a fact. As we all know, the opportunities are there to give all shareholders a fantastic return and some of it is imminent. Our Clive sets expectations too high and delivery often misses as it has as per his 25 expectations list below.

-Yelemes Deep licence award - Achieved and very important as it enables Casper to restart testing at 803.

- Completion of the Block 8 Contract Area acquisition - Miss but likely in Jan .

- Target depths reached at the well being drilled at the West Shalva Contract Area - Looking at daily rate of 28m, we should be at c 2500m now so news upon us imminently.

-Results of chemical treatment underway at Deep Well A6 on the BNG Contract Area - Miss but results will be known now

- Signing of further drilling charters for the Caspian Explorer - Miss. Thought we'd hear news so hopefully in early Jan.

- First mineral acquisitions - Done

He’s made a big thing of the new licences at BNG so let's see the news that we’ve all been waiting years for and that's commercial oil as without it, the emperor is still missing his clothes. The new licences require loads of drilling over next 2 years and it would be great to see success at all the wells drilled to date where remedial work is planned ie A6, A5, 802, the continued drilling of A7 and testing of 803. Add in WS and B8 and you can understand the current hype BUT we now need that drilling success that kicks this off, without it, it's nothing but hype.

Got to be in it to win it so let's start scoring goals and lots of them !!i

Looks like they’ve used the suspension period to their advantage or should I say, managed the suspension.

Already had one of the 2025 ‘expected’ events ie NY licence award which I thought was the least likely. Including the ‘chemical treatment at A6 underway’ ? why do that when BNG deep remedial work has continually failed ? Is it all being stage managed ? Benefit to the Kazakh state ! is A6 finally going to be our first sub salt success ?

It would’ve been good to have some numbers with today’s announcement even if they were an estimate.

Are the ducks finally lined up ? If they deliver the list of expected events, all of us are looking the biggest ever gift horse in the kisser 😀

Expected events during the remainder of 2025

· Yelemes Deep licence award

· Completion of the Block 8 Contract Area acquisition

· Target depths reached at the well being drilled at the West Shalva Contract Area

· Results of chemical treatment underway at Deep Well A6 on the BNG Contract Area

· Signing of further drilling charters for the Caspian Explorer

· First mineral acquisitions

Why aren’t they spending the money received on Airshagyl and other operational activities. It’s a question I’m sure all shareholders are asking. Let’s hope the answer isn’t ‘we’re buying a mining asset from Kuat !!’ .

Really disappointed not to see the accounts out before the weekend. I 100% exoect them next week but can’t help thinking that if they had some good operational news to update us on, today would’ve been a great time to do it. More time to digest the detail and an orderly resumption of trading.

Tick, tock

Exactly Bull , what does delisting give them. They’d be at the mercy of the Kazakh predators especially with the licence renewals not finalised.

Accounts & interims are imminent so set your alarm. I’m hoping that they have made some positive progress on the operational front too.

Flattery will get you nowhere Somm 😉 I had a look at the tea leaves this am and I found a 4 leaf clover whilst weeding the lawn. Odd I know but sometimes you have to ask that question ‘do you feel lucky punk ?’ , I do 😉😉

I don’t believe we wait a few weeks for accounts, if that were the case they’d have to inform us imo. This week for me or early next week latest. Need to see some positive progression on the operational front since last update and I think we may see that too 😉🤞

We won’t get de-listed. I know they’re running close to the wire but accounts publication and trading resumption are imminent, hopefully this week. As stated, I’d like to see some good news pre publication or with the accounts or in the highlights section !!

Https://m.uk.investing.com/news/stock-market-news/goldman-starts-uk-homebuilders-coverage-rates-3-names-at-buy-4386379?ampMode=1

Nice to see a 6.5% hike after the 15% drop from recent high. Budget news going to provide stimulus, shorts closing or peeps realising that this is way oversold ? Healthy volume approaching 500k, nice 👍

https://www.thisismoney.co.uk/money/investing/article-15270325/amp/As-housing-shares-subside-consider-hunting-bargains.html

I wasn’t there Somm but people I trust were. Your questions are my questions but lets see what the accounts reveal. I’m still going for good news pre publication but that’s looking very unlikely now.

I like your version but unfortunately I think you’re going to be disappointed. Feedback from AGM intimated that they were already digging in to the $14m initial lump sum received. The ‘running on fumes’ statement and blaming sp performance on AIM….lol. No looking in the mirror for our Clive !!

I don’t get it as they were allegedly still receiving oil revenues from shallows and I couldn’t make the maths add up. Having to pay historic debts to the Oil Traders, legal costs of the sales transactions, ongoing OPEX etc. as I said, I hope I’m wrong 👍

Well, they’ve had their few weeks so news this week likely. If it isn’t with us by Tuesday, it’s time to lobby CC to understand what the true position is and what’s holding up accounts.

Re ringfenced cash (ESCROW), I’d like to think that was the reason for lack of spend on operational activity. Personally I don’t believe that’s the case and they’ve spent a % of the cash on several areas, debt, taxation, legal costs etc. I hope I’m wrong but I believe that the CAB numbers could be less than many expect.

We all know that cas hand assets equal far more than current m/cap but that’s irrelevant until we see positive catalysts on the key material events ie WS/B8, BNG & licence approvals. Upside still in play but the multi-bagging returns will only come with results that build NAV !! I remain patient but it is hugely frustrating, that’s the nice description !!!

Apols but link not opening but you can search in Companies House.

DD,

I think it’s just poor planning and incompetence from the management. They’ve filed a statement of capital and share allocation for WS on Companies House as per attached link. I was hoping for more positive operational news pre accounts publication but looks unlikely now. We’ll see them this month, this week or next.

https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/jpU0e2y7ZuiXJKJq6PIpppIRbWgJFCv_QfT4NqHzFEM/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3P4JDJWKE%2F20251117%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20251117T132819Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEOP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCWV1LXdlc3QtMiJHMEUCICtgzkCcwKFwHNxWzFvaYNvuRmCl%2FKfV49%2B%2Bl7xAtW94AiEAwiaploVhLNGd95anvnef097%2FlbP6YUdAid4XoIGp3LYqigQIrP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARAFGgw0NDkyMjkwMzI4MjIiDOf9xaV3lMm0bWAN0ireAzmlQJEkb96sVEzTkkMql4ZKuSRUQmfCyNuGlC2%2BHacUUeV72P4%2Foy7Eenbo02blThLahnHcw1WFau9DdeSY4QDSqRfxImnW2Ml5TCSHEBLSASVRZxvsUUALsFc%2Fwf1MgLy2U4qV5XWCrZR5xmDf3Jtj2g4CAg3eqykElC6a%2B2QQZc%2BKmKbyGebwYJrTC9qZZiATMbaWTUlyNIhLLfmfzBSFqfeltVOgq%2BMZrmHCbaTGR8XlZxdCCRuflSNmWDHW16lMlFJnt88ziBFW6zkgIM9e%2FEK%2F8nvjUIKECeNr0XsjeAcIy2w5J2eNnu1QMEBLiB7ZyZCBEqpXJfJTgDcB1xVF6lPJ5ugSlA7FcC8OrbLYJsxQTFOdENe2WViXG2wMvy%2BCXPIW0mkyIcHq3k%2Bn00B%2Bcy9j%2FlvGWnwEuYpXrS7qPnv7pRqur8vVPIdaAhjMxsEdgsv28UdPCZQbGp%2FWRGX8jFdWugwBMYTT6%2BEitopSHSd43%2Fya6UHHK4XuwqknIFADT2jnjCh1EH%2BtyA2oh%2FHQo6UwrJf3D95XY%2F7TPpIlOGnS8D9dxSfm%2BlgDO5HGxlgaeDH0R8hIx2c0RcBfXFCI%2F9QK0UoIqOjvN37Li4qvRAcnXFNBxnctqYBHnmowqIbsyAY6pQE7wiUbXORMi7UwvMs5vDkHUB4WOM%2FvrSo2SDoZ%2FufFVNErO3DB4S2JB%2B4HFHz87iNGBTI0mNmDBlehYCqgnT7K69EXZlTIC6D4rC0QplVKUjEIl%2FphUtE%2Bg%2FitRTt%2FrUxZW0zrMk8F6Ls3wd0fqc6kZf0BNU36pTW7ZBRmxF0GpUZUPSmWWX5rZ5tWOQiJ2jiYyv4rJUgLwLpfPUh2NilGsZnOZ2g%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%2205966431_sh01_2025-11-14.pdf%22&X-Amz-Signature=c84b6f965b6ae7d6b5fe58219aace4d3c2251c9c2cfa5e26b48862c9bb3b1e55

So in summary, nothing new. B8 being completed on one structure ie Sholkara where P1/P2 have been drilled. One successful flowing up to 846bopd (typical Carverspeak) and the other at 270bood bur water ingress from a poor cementing job means sidetrack to be done this month.

Akkaduk still in limbo and would be good to understand whether this is likely or not as it surely begs the question as to why Casper are paying $60m for the blocks not Sholkara alone. Akkaduk if successful would be transformational but if licences continue to be blocked even after legal attempts, the deal needs to be revisited as our nephew Bolthazan needs to accept far less surely, a question for the AGM, a very direct one.

Investors need to understand why it’s taking so long to get approvals but they have history like 3AB that has disappeared from sight, is Akkaduk following the same path, hopefully I’m miles off base

I remain bullish as to future prospects BUT by god they don’t make it easy !!