Member Info for SmartyP1

Opening price depends on 803 and level of commerciality. If it does flow at a healthy flow rate, the demand for stock will be silly. It could open at 4-5p momentarily but you’ll have the FOMO gang desperately trying to get back in, add etc. Add in the newbies and in and outers and as XP stated, we need volume. CC needs to get the PR engine revved up and ready to go and get this firmly on the radar. All ifs until 803 position a tad clearer.

Thanks for clarification XP. Good luck with it :)

There’s probably only 10 players holding 10s of millions inc II, Barclays, AJ Bell, Halifax so would be good to know who you are…lol

Or Benny or Al Marri

No PI has 10s of millions, that’s nonsense unless you are one of the Kazakh investors or an institution holding investor stock.

I believe middle of next earliest, possibly w/c 15/7.

Asked several questions for clarification inc the the 16-11m, have they tested? ENI covering any of the upfront barge prep costs , will 155 be included in AR sale of surely there has to be renegotiation etc

They haven’t tested the 5m, going with 11m first as they believe that’ll be enough initially.

In barge, the cost of prepping was down to Casper however the payment schedule agreed with ENI included some limited up front funding.

No response to renegotiation but I’m sure they’re not going to throw away 11-12 million.

WHI commentary from Spangle on ADVFN

WHI First thoughts

Well 155 is producing significantly above our expectations. Although

it is an initial result, it is nevertheless positive with significant implications for the company’s 2024 gross profit and cashflow from operations. We will wait for the well to settle down (establishing boundary dominated flow with constant bottom

hole pressure) before providing financial estimates reflecting the change – noting

that the implications are necessarily positive and material.

The results at Deep Well 803 are a real surprise for us, the focus now turns to

reservoir quality/productivity.

We anticipate providing the market with a comprehensive update note inclusive

of financial forecasts in the near term, which will reflect the exciting, positive and material developments reported by the Company.

The ducks are being lined up and this RNS was obviously almost ready to go pre suspension.

Firstly 155 at 900-1000bopd . That's fantastic news, almost $12m pa into Casper coffers. Now drilling 815 at Yelemes so why sell ? Surely a renegotiation or as Taverham says, easier to sell. Hopefully there is latitude for a larger deal here ?

CE disembarking imminently so another chunk hitting the coffers which would probably generate a windfall Divis to shareholders ?

803 additional find and testing underway. Got to love Clive's choice of words ie above expectations and above salt. Above expectations ? flowing more or above the original target expectation.....lol . If this flows at any commercial level it's a major bonus and original target zone to reach and hopefully test a la 802. This will obviously upgrade NY block reserves assessment too.

The sp is going to gap up on trading resumption, the magnitude depends on next 2 news items but CE is expected and 803 could really throw the cat in.

I've written to company to suggest that they start marketing Caspian aggressively, especially if 803 is successful on new and target zone. If they want their bonuses, they need more shareholders and the story is starting to look an attractive one. Drilling success, reserves assessments, other revenue streams from CE, Rig and oil services business, future enterprises planned starting with mining, yada, yada.

WHI have released a positive note this morning and time for our Clive to arrange interviews @ VOX, Proactive, Motley et al.

There's been plenty of selling over the last month so there will be plenty of cash on the sidelines looking to rejoin the party adding to sp trajectory and continued momentum.

This is starting to get very interesting indeed :)

Un,

Hopefully there will be news pre re admission and hopefully is worth some discussion, fingers x’d.

To do with B8 treatment in the accounts allegedly. Week or 2 .

Https://polaris.brighterir.com/public/caspian_sunrise/news/rns_widget/story/xz8nmpx

To add. There will inevitably be selling but that’s got to happen if we’re to move on. Stale bulls, Tommy traders etc will take profits but hopefully the news is that good that it’ll enable newbies onboard to take up he slack. Those who’ve been here forever and who understand the NAV implications will be able to asses true value, maybe some will add if it’s really positive news . You’ll then get the FOMO syndrome for those who’ve sold and looking to get back in. Loads of scenarios and all hypothetical until we see the news.

We're going to get news during suspension so what's the flavour ?

I believe 155 in the bag as they have been testing for 2 weeks. A new well so daily prod numbers ?

CE, that's in the bag so that'll be good news. Hopefully an extended charter @ 150k per day.

803 ? Original 802 well targeting 4200m going on to TD @ 5200. Found post salt oil at 3900, flowing at 700-900 bopd before the irritating blockage. Now 803 found 60m pre salt interval, have yet to go post salt so this could be very exciting indeed.

Q3 and Q4operationsl schedule is the busiest it's ever been and sone very material events will come to a conclusion, the outcome could have huge impact on the sp.

I sincerely hope that we get 3 positive outcomes on immediate assets ie those above, if so, the hype will be off the scale pre trading resumption. The sp will gap up but the hype will build on the back of positive results.

If positive, it's time for CC do get back on the marketing bike and going some interviews with Pro-Active, Motley etc.

Are we actually on the cusp of the Vaspisn Sunrise ? I hope so and it could get very silly indeed over coming weeks and months :)

Thought we’d see a bit more selling but good to see a recovery into the close.

Many of us have been around for yonks so let’s hope that we get some great news during the suspension period that justifies some quality ramping :)

Who knows, our Clive and Shin may decide to take up their options, that would be the biggest buying signal ever !

I'm sure they know what they have at 155 after 2 weeks of testing. As posted by others, pre salt 803 60m interval could deliver sweet light oil and an easier conquest than the deeper, higher pressure post salt.

Good luck to all :)

Badge,

Don’t particularly care, each to their own as they say. There’s more leverage going to be squeezed out but that’s the risk with leverage.

Good times coming our way, fingers x’d.

Somm,

I had sent a note to the company asking various questions. The 803 60m zone is an important one and would be good to see some Sami’s yo understand the structure and how it links to SY possibly.

The rig purchase ? I believe it’s a simple case of running in fumes but hopefully that’s about to end very soon .

Can anyone guess who Mr 250/500k is…….lol. Probably all leverage and running for the hills before having to pay for the stock !

I actually can’t believe the sp but the suspension is obviously forcing selling, especially if the suspension drags on a little. The longs invested here are overdue some real fun and let’s hope that the imminent news is all positive. Who knows, you could get other news released ie B8 approval which would really spice things up.

Somm,

It’s a good question and could the shallower 803 zone be linked to the S Yelemes structure ? They won’t sell the shallows for $83m if that proves to be the case and I’m sure they can back out if any deal if needed or to renegotiate.

As I keep saying, nothing guaranteed with Casper, history has taught us that but this time I really believe that it’s the start of the journey back to sensible levels ie double figures :)

Now that is definitely left field…..lol . After 18 years, they continue to push ahead with the objective of building a sustainable business. If they wanted to shaft PIs they could’ve done it over and over and diluted us to death, they haven’t. The AIM listing gives them protection from the Kazakh predatory wotld they operate in and they’d only resort to extremes if they were backed into a corner, they’re not. Maybe I eat my words but I doubt that very much and this suspension is going to be VERY interesting g if they release positives on 155/803 & CE. The hype will be off the scale and the sp will gap up. I have enough but if the news is really good then I’ll probably help it along, as will many others. 5-6p as a starter and then the hot money kicks in . Nothing guaranteed but the week is likely to be defining and a very busy H2 to help sustain the momentum ;)

I also thought Chairman’s statement was positive. You can see that they now feel that they’re on the cusp of shareholder value creation. They’re going into a cash generative phase, especially if they sell MJF/SY. What if 155 and 815 are significant wells, will that affect price ? What will they do with the cash lumps received ? CC states, invest in building business, distribution to shareholders, buy backs etc.

They’re building the business, the rigs the oil trading business that will probably be extended to the mining project. There’s loads in the pre audited accounts summary and it reads positively as to our future prospects. Next 6 months will be defining for all invested here.