Member Info for SmartyP1

There are a lot of people that obviously want out and at the best price, nothing wrong with that but it will trade in the single figure until we get the company maker news. That could be 803 or any of the deeps and luckily we have loads of assets that could take us back to double figure. Who knows the mining project could be the one or any future acquisition but this will trade northwards on anticipation of one of the key assets delivering.

803 glowing announcement tomorrow obviously changes the game a tad ;)

10p…..lol . Much that all invested would love that, we’d need a positive 803 pre ac pints submission on Monday. If no separate ops RNS, will we see an up to date status report on all operations ? If we don’t, this trades 4-5p until we get conclusive news. I’m hoping for the blockbuster but I don’t believe we get it yet.

Those wanting out or to take profit will get their opportunity. It likewise, those who want stock may get their chance to enter or add at a sensible price.

H2 results could transform the landscape here, been a long wait so hopefully it’s finally our time to have some fun :)

All invested in Caspian at this level are going to make some serious money going forward. Trading to resume on Monday and we’ll see buying from those who sold pre suspension, you’ll see some newbues joining the party,topping up from those who haven’t got enough and you’ll see the inevitable profit taking. Where will it end up at Monday close ? I suspect little movement, maybe 4-5p but that won’t last long. Much that our resident know it all believes I and others will be reading the arze out of it, why would you do that when there are so many imminent material events on the horizon ie 803 815,B8, Shallows sale, WShslva spud, acquisitions.

The traders will wait for a gap up and sell into the rise with the hope of the retrace and buy back in and rinse truest cycle continues. Others may just take the profits and move on but there’s a huge FOMO risk as a result of the busy operational schedule that could break this out starting with 803. Nothing ever guaranteed but as stated many times, this is a raving buy at this price :)

I was going to add 'It's Crackerjack' before signing off but looks like I didn't need to ...lol.

To continue the Crankies theme. Our Somm, a case of a little knowledge makes you dangerous, fact is, it is little.

Firstly who knows, the formation may respond to fracking, or not. The Jurassic doesn't need it. But if they didn't expect it, there's no way they are fracking it before testing. They'd need the test spreads, pump trucks, large volumes of clean sand and water etc,they don't appear in a cpuple of days !

As for explosives being needed for fracking, that did make me larf. You need explosive charges to perforate liner or in this case, casing

But fracks are created by pumping water at high pressure, til the hydraulic head + pump pressure combined overcomes the minimum horizontal stress in the rock plus its inherent tensile strength. Or in simpler terms, water creates fractures, hope that helps.

Fraccing ?? I think you need to look it up KIA.

Enough for a Friday, almost H&T time :) Have a good weekend all.

Where’s the fracking come from ??

KIA,

You really are a piece of work. Feck me, everything has to be your idea, you’re never wrong, you’re definitely the most important person in your house and you probably live alone ;). Concentrate on your strategy re making money and forget about what others are doing !

Solid news will build the NAV, the sp will motor northwards as a result, simples. 803 solid news gave them the opportunity to break this out and get back to double figures, what’s not to like about that. The traders will sell out, that’s great news and that’s what is needed and the sooner that happens the better :)

As stated, I’m hoping that the reason for zero technical info on 803 is that they’re taking their time to avoid any more egg on face scenarios but I can’t help feeling that if they had positive news, they’d have released it but that’s pure speculation. The market will tell us what we need to know on Monday but at some point this will break out in H2 :)

Monday is the 15th not 14th !

CE good news.

155 good news and hopefully the reduction to 700bopd is sustainable as opposed to the 142 debacle. They’re selling the shallows and I was hoping for a little more clarification to confirm 155 would firm part of any deal with AR.

803 - cut and paste and change the 11-15m. If the well was flowing you’d have expected to see initial results or maybe they don’t want any more eating of humble pie as a result of updating prematurely. A missed opportunity for Caspian and I’m sure they’d have wanted you to release conclusive positive news by unfortunately not.

Sp reaction on Monday ? I believe it gaps up and moves north before selling and finishes in the 4-5p range. If we'd had positive initial 803 news then it would've broken out and 7p+. If you're a buyer, there may be a very good opp to pick up stock on the cheap pre a very busy H2 ;)

Big day tomorrow folks. Let’s hope we see news pre accounts publication:). If we don’t, it’s a massive missed opportunity to increase the tension on that coiked spring but you need the right news to do it. Cmon Clive, now’s your time to exercise those options ;)

Hi Bottled,

If there’s any gap filling, I’m very happy to top the bottle up, pardon the pun. Only issue is, I’ve got a crate already !

England, 3-1

155 ! Hopefully if this goes north, I’ll be able to go for the Specsavers and take advantage of the 2 for 1 special :)

Rocketeer,

Quite possible and that’s what we need tomorrow with the additional info on 153 ie flowing at x bopd on x choke. Also would be good to get clarification on how 155 treated as with regards to any shallows sake and the same with 803 ie shallow, deep , intermediate etc.

We don’t want to be left guessing til Friday and trawling through the FY accounts. Positive news on the above assets and this flies and you can forget filling in gaps ! No news and we don’t break out and range trading continues until conclusive news released. There will be demand for stock in both scenarios, I for one will be bottom feeding if ops update not forthcoming tomorrow ;)

Yep, good news that 155 still glowing but no detail or still glowing at 900-1000bopd. Whatever they publish, hopefully is healthy and sustainable.

803 ? another interval so hopefully a great result announced pre readmision, if so, this is going to go bonkers. Add on everything else on the go in H2 and this could get very silly indeed. It would be great to see one of AIM’s longest established OE minnow finally deliver, yeeeeehaaaaaaaaa

I’m hoping for one more update pre accounts publication on Friday .

Somm,

He won’t come back to me before releasing news. The point of contact was to ensure that the news hopefully covers the questions ;)

I’ve asked the questions that we all want answered so hopefully we’ll get all the answers next week. Exciting times for shareholders :)

We’ll get update(s) next week and if 803 is commercial, I don’t see us drilling on, instead, make the most of a Brucie bonus.

I’m also hoping we get answers to some of the questions posed re shallow sale after 155 success, also how 803 is treated ie not part of shallows, not excluded a la coffin questions.

We are on the cusp of returning g to double figures and I’d love to see B8 licence approval too but I believe that’s a long shot for next week but never say never :)

The Ievoli Orange supply ship has joined Meric so final supplies before setting sail.

News on 155/803 status next week and readmission following week probably. More time for hype to build but dependant on quality of update.

Re 803. If they flow it commercially, they’ll probably stop and produce as opposed to going deeper and risking the integrity of the well. 60m pre salt, flowing at commercial rates ? Take it and run :)

Spudding ? It is irrelevant as we’re not getting paid for well outcome. I’m happy for the spud to delay as we get paid $150k for every day it’s on site :)