Member Info for SmartyP1

Keep your hands off the sell button. MMS, cmon tighten the spread to let the traders buy a few again 👍

Yep, I can press the sell button for £114,187.50 😀 Diver, that’ll pay for the new Stingher but in a few days time that may be a different choice 😉🙃

Looks like our Mr 600k isn’t hanging around….lol .

Bottled,

That’s understandable, this is Caspian after all. Nothing is guaranteed but wouldn’t it be great to see brilliant news from 803..That long overdue feel good factor on a stock that’s had great news with loads more to come. Are we going to break our losing streak on the deeps (although this is above the salt) , if so the hype will be back to A5 days 😜

Nice to see a blue finish. News tomorrow anyone ?

Yep, the buyer(s) popped in and swallowed up most of the stock but has desisted as ask moved to 4.9p. Haven’t been able to sell £115k worth before ! somebody was very hungry. Current bid @ 4.61p up to 1.25m so still strong but nobody wants to pay the additional 8%. Buys outstripping sells and price down ? Don’t know how peeps are making money here if it’s the same bods trading it ?

Cmon Clive, blockbuster please.

Edit, 2.6m and 114k !! . Don’t sell them a bean, let them tighten the ask. They know news coming, especially if they want 2.6m. Buyer in play and they know news is on the doorstep, hopefully positive 🤞

2.1m bid @ 4.4p and ask at 4.8. Who wouldn’t want £70k stock at 10% discount, knobs !!!!!

It would be better if they just purchased it for a fair price @ $60m, I believe that was the number our Clive was expecting and easier to sell it if the Caspian financial strength means they don’t have to take low ball offers.

Sneaky MMs, late reporting the 600k buy so that’s more buys than sells and why sp down ?

As stated, we’re all in the dark re 803 but it was a surprise find and as with other deeps, they e intersected oil when not expecting to do obviously their seismic interpretation isn’t the best !!

Somm, a few 100000 barrels ? 60m deep interval, that must be a very thin pocket but all will be revealed shortly. Non commercial and a brief traders opportunity but then it’s onto TD and 803 as with 802 are meant to be the easiest targets with the biggest COS. The sp will then bounce as a result of the Q3 news on the numerous assets in play. Shallow sale ? Will it happen ? if it does it’s a load of cash and windfall divi probably when cash received. If it doesn’t, we have 2300bopd production, oil trading adding to profitability and sp will probably go up. Then B8 production, may only be 100bopd from existing well but he hype will be in play re testing 2 deeps. Then there’s West Shalvs and Casper expecting 2k barrels of oil from these 2 prospects but as always yet to be seen. Receipt of the CE cash, ongoing 803 updates, mining info and maybe remedial work to start on A5 and resumption at A7.

Somebody’s just bought 350k against the trend and bid is over 1m and ask @125k, 4.4-4.77, thriving MMs and their poxy 9% spread !

The wait goes on for 803 and inevitably some peeps will sell. A few larger sells yesterday but plenty of buys through the day, same pattern today. Nothing has changed as far as I can see, only the time it’s taking to release 803 update.

I’m sure there are TA boys in here from readmission waiting for the Zak Mir 5.6p but somebody’s kicked the candlesticks and the okey kokey has crossed the origami and time to dump a few !! All about timing and yep, all longs want that positive 803 news as it gaos this up and the run will continue as peeps look forward to a hectic schedule that will yield material results. Nature of the beast but if 803 is non commercial, the sp retraces as short termers exit but then those with a longer term view and I suppose those playing the TA game will be back in and trading the ranges.

All I know is that the sp is going north in H2 and there will be results that will feed the PR engine. New IP, website and a few interviews from Clive hopefully. Need a positive story and to me, it reads very well currently. If sp retraces back to early 4ps or even high 3ps, don’t look that gift horse in the kisser for too long. Conversely if 803 flows commercially, you ain’t getting in below 6/7p and there’ll be little stock available at those prices for long.

Tick, tock.

I read all the info on B8 and asked our CC back in April whether the loan is to be repaid, answer, yes. Hopefully $5m will be a paltry sum if imminent news goes our way. Feet firmly planted, no chickens being counted so let’s see what Mr Carver has in store for us this week. The doubters are hoping for poor news and it’ll be more jam tomorrow, yada yada but even if 803 doesn’t go away they drill on and we wait for a bucketload of news in H2. We need that defining moment to gap the sp and plenty of chances to come so let’s hope the return journey starts this week 🤞👍

Current m/cap @ £112m or $145m. Looks like shallows deal is a formality and if it completes Casper will receive $73m net of licence commitments. Add in CE cash @c $10m, the B8 loan repayment of $5m and that equates to 60% of current m/cap. The CE is on the BS for peanuts and it's true value ? Caspian believe it's at least $60m following the charter to ENI/KMG so if we needed to sell it, total cash could equal current m/cap ! Everything else carries zero value ? Airshagyl & North Yelemes deeps, B8 deeps, the rigs, West Shalva or the oil and poss commodities trading business.

They've extended the appraisal licence for 2 years on the BNG deep acreage, whilst concluding the reserves appraisal process on NY. They're applying for 25 year licences separately, that gives them the opportunity to sell them individually with a lucrative prod licence if approved.

Block 8 deeps x 2 are waiting to be tested following licence approval and our CC believes that they could be producing 2000 bopd from this prospect and WS by year end. This statement was made pre the discovery of a new interval at 803 which is currently being tested.

I think we all believe that MJF/SY is being undersold but surely, they're doing this as they know that they can replace the volume in short order, bank the cash and acquire new assets eg the mining asset and other opps.

Caspian is undervalued at this juncture as sp is dictated by PIs that probably own c 250m shares and currently, the tail is wagging the dog. Many PIs carry the battle scars of drilling failures, the egg on face sagas, the mis-communication from HQ, all which contribute to poor sentiment and distrust. This is about to change in H2, starting with 803 and if it's good news it's the catalyst to a dramatic rerate of the sp. If it fails, the sp will retrace, probably to low 4ps but that won't last for long as the buying will resume as there is an abundance of material news to follow. If they fail at this unexpected zone, they drill on and the hype resumes and off we go again, waiting for the transformational news that creates the sp rerate.

803 is a bonus find, if it comes in, it will be transformational but if it doesn't, we're still way undervalued imo and H2 will prove to be the most important period in their 18 history. If it is good news, I hope the Zeus broker note is ready to go and some quality PR to follow.

And as if by magic, we have a little tightening 😂

They’ve been running on fumes since the divi fiasco and even then, were carrying all the baggage from tough trading years following Covid, thr riots in Kstan and the Ukraine war with the sanctions pain. They’ve traded through and they’ve borrowed where necessary with minimal dilution to shareholders and liabilities are high but they’re going into a cash generative cycle with CE,shallows sale (poss) and increased production revenue. They’ve never been profitable and have managed to run the business on fumes and last 2 years have shown what's possible aided by their decision to trade oil.

The business has a different structure today, many assets, a more diverse business and as stated, the CE alone is hugely understated on the BS and many peeps aren’t acknowledging its value and how it will strengthen the financial position if sold. The assets combined = more than curent sp, that's a fact so now it's time to deliver value from those that carry zippo value ie the deeps. If they do, the share price will go mad but as we know, you can't count chickens as history has shown.

Going forward, 803 is the next big result. Positive and this will fly and those that have taken profits or are sitting in cash looking for a cheaper entry or averaging down, may get caught out as the gap up will be significant. Conversely, poor news and we retrace but the sp will bounce thanks to a busy operational schedule in H2.

You pays your money? You takes your chance but by god, we are long overdue a bit of luck and maybe this unexpected find at 803 is the catalyst to a lucrative future for those with a bullish outlook 🤞

MMS continue their stupid spreads at 10% margin, deterring trade. Cmon, there’s business to be done so let’s tighten it up 👍

I don’t want a divi but you can see that they’ve commented on it ie no regular Divis but windfall/special as and when. As posted, I want to see the NAV strengthening as a result of drilling and reserves build then I’d be happy for a chunk of cash if they have replaced the MJF rev stream as a minimum 👍

The windfall divi will attract investors but I for one want to see some other positive results that strengthen the NAV and entice new investors in, not just those investing for a divi payout. The market is missing a trick with Caspian currently but regular newsflow, hopefully positive, will get this firmly in radars. Waiting for new broker note and maybe that comes when 803 out one known ?

803 is interesting. If it was non commercial, would they have updated already ? So many egg on face announcements historically, announcing results too early. Is it the real deal ? Never seen our Clive so bullish, I believe that can be endorsed by the AGM attendees who witnessed his confidence and chipper mood . Let’s hope he knows it’s successful and not that he was on a promise later thst day 😱😂

Well, it looks like it’s going and another $5m in the bank although no guarantees until regulatory and shareholder sign off.

They obviously want the cash, add in the CE cash and it’s a chunk of money. Theyll also benefit from the prod on 155 until completion/sign off so a few more million into the pot. They obviously see that it’s going to be hard work to maintain volumes as stated and they must be confident of replacing it with production from B8/W Shalva and the current deeps, 803 being the first on the list.

Their oil trading business is lucrative and why would you sell your production, must be

confident of replacing it in short order. If so, they’ll have a bucket of cash to utilise on developing existing assets whilst acquiring others. Special divi probably on the cards too.

H2 a very important time for our investment.

Https://zeuscapital.co.uk/adp-podcast/

There will be a broker note soon and hopefully Zeus will help escalate Casper’s profile, good news will make that far easier. Some positive PR following great results 🙏