Member Info for SmartyP1

BBM,

I can’t defend Clive and the comms, it gives me the hump but it’s not Clive, he’s a mouthpiece. If CC went, Pls would then need to be concerned, sadly that’s a fact here and one of the risks.

Peeps have lost the plot here. Attached the initial IPO and the cash they started with. Yes shares in issue was a fraction of today but only 48% of territory owned, a territory that has grown considerably with more assets including the barge and soon to have $80m+ in the bank. If they sold the CE for $60m ? Cash would equate to 5p alone ? That means everything else valued at zero .

Pls obviously fear that the cash will be spent unwisely with little or no production to fill the current $25m pa turnover. Obviously don’t believe that 803, WS and B8 are going to produce ? B8 was producing c 1000 bopd historically using old drilling techniques. 803 initial testing at 500bopd and soon to understand true position. Reserves estimates being completed on NY with 803 but we’ll be drilling another appraisal hence the licence extension. West Shalva ? yet to be proven but hooefullly the dead camel was full of oil !

They started with very little and they are in a completely different position today. Worst case they’ll sell the BNG deeps for a tidy sum but at some juncture soon, this starts its permanent journey northwards.

38p @ IPO and moved to 76p before the financial crash in 2008. Food for thought :)

https://www.caspiansunrise.com/wp-content/uploads/2017/02/Admission-to-AIM.pdf

Not the best timing to be out in the wilderness ! Fly fishing in Dartmoor, only issue, the conditions were awful !

Can’t believe the bland reaction to today’s news. Obviously some people aren’t convinced re them delivering but as stated many times, the sum of the assets are worth way more than current sp and at some juncture in H2, the penny will drop and the sp will rise rapidly.

Much that I wasn’t fussed re shallows sale, $72m net plus the CE cash, that’s a chunk of dough coming our way. We’ll also benefit from the production rev of c $2m pm until deal completed and that’ll be months not weeks.

The 803 result at 500bopd has been met with indignation. That’s the fault of the company for not providing the additional detail. If we take it at face value, it’s great news and probably the reason why they changed tack on appraisal licence extension, to me, that’s great news. They’ll have up to 12 months to complete testing and to drill another appraisal well before prod licence kicks in.

I had confirmation that 803 find is part of the BNG deeps and nothing to do with AR deal, that’s great news.Theyre completing the current NY reserves estimates but the new 803 find obviously changes things.

GM to be announced shortly and won’t be long before interims are out, hopefully before the GM.

This is a raving buy and H2 events will support that statement. Current FV @ 10.9p but many of our assets carry minimal or zero value. Won’t be long before that penny drops and new investors get us out of this trading range forever :)

JS,

Yep, that just about sums it up. Not sure anything is streamlined when Kaz bureaucracy concerned,

News this week or next ? probably next week if SPA not landed and deadline Saturday.

Patience of a Saint required !!

Been going on for weeks. 313k sells v 40k buys . Bid still 700k and somebody(s) been accumulating and could be new Zeus clients introduced to the stock ?

I’m getting new specs so hopefully no more typos !! In summary, BNG appraisal licence approvals historically have been awarded fairly quickly !!

Https://www.rogtecmagazine.com/caspian-sunrise-happy-receive-6-year-appraisal-license-bng/

We’re all in the dark re licence position. We waited an age for the prod licence on MJF/SY so let’s hope we’re not in the same boat again. They changed their minds last minute again but the appraisal licence was awarded far more quickly than the production back in 2018. If you look back at the 2017/2018 RNSs you’ll see they were going gir orid lucence before getting an early renewal on appraisal.

News next week or worst case the following week. They have to update on AR deal whether yes, extension or to let other buyers in possibly. Hopefully we get a comprehensive operational update too that provides clarification on licence position, likely GM date etc

Trading continues to be odd. Bid @1.2m before the 800k sell. Bid now @ 375k but hopefully Mr/s doesn’t know more than most. Such a frustrating stock, we get a run of news and then blackout. 8 days to AR deadline so we’re going to get an update, hopefully not the ‘pleased to announce that we’ve extended the deadline again’, yawnnnnnn n.

Yep, there’s definitely loads to look forward to but e have to, hopefully no Casper curve balls in the mix.

Is the AR deal going to move the price ? Not sure but the fact that they’re hopefully going to be generating healthy revenue from more than 2k bopd for probably another 9 months, that’s without any other contribution from any other well, I think it probably will.

Most material news in immediate term, 803 and B8 but as we know, that depends on licence renewal. H2 is going to be a cash generative period for Caspian with CE cash, B8 loan repayment, hopefully increased from our new assets plus success from the BNG deeps starting with 803. We’re going to add a mining asset but we need to see drilling success before we diversify efforts and funds to the new opp.

Hopefully we see a comprehensive ops update shortly.

Well, looks like we're in suspension part 2, not a formal one but as a result of licence renewals.

Trading volume has been tiny following the first few days post readmission and looks like most PIs are sitting tight waiting for the next episode of CS. Market is still very well bid and the ask tight, 1.275m v 200k as I type but the demand for stock remains high.

Next news ? AR deal deadline fast approaching so they'll need to update the market by next Friday latest, that could be the confirmation of the deal or not, maybe a further extension? hopefully we get a comprehensive update at the same time.

GM looks like September as I suspect they're waiting for the conclusion of the AR deal and I believe it happens. What else could we be discussing at next meeting ? signing off accounts but hopefully there’ll be more to discuss and it we will be the most positive meeting for some time if not ever.

Lots of operational news in H2 as communicated so let's hope it's what we're wishing for.

As always, tick, tock 👍

Send HQ an e-mail CC and we can compare notes 😘

I can see us waiting some time for the GM. Looks like they’re waiting for the shallow sale outcome to add to the accounts sign off , anything else ? mining intro ?

MMS having a laugh @4.16-4.48 = zippo business.

I can sell 4m online now ??? Don’t let them have your stock 👍

Providing there’s no left field surprises, the planned H2 activity will see us all making money, how much ? that obviously depends on the news. No more jam tomorrow so let’s hope that finally they actually do deliver 👍

God, I need to po to spec savers later !!

No more AIM stocks for me 😱 Stivking with the boring FTSE, VTRY, BDEv, BARC, RR . Live VTRT as company has a balanced strategy not just construction, the partnerships business is very profitable and the dp has shifted since the buy back strategy 👍 RR a star plus Divis on all stocks bar VTRY. The only regret is not investing more.

Casper ? as I keep saying, next 5 months will tell us what we want to know .

I) commodity price risks,

ii) risks related to the estimation of future production,

iii) risks related to capital and operating costs,

iv) operational risks,

v) funding risks,

vi) the risk of delays,

vii) adverse changes to the tax system,

viii) the risk that the regulatory regime changes adversely,

ix) exploration risks and

x) environmental risks.

Plenty of risks with Caspian but anybody invested here know this. I can add a few more but they’ve been trading for 18 years , navigated some tricky situations but are still here and on the cusp of delivering some of that long awaited value for shareholders. This is a high risk play that could deliver many bags but there aren’t many multibaggers that don’t involve considerable risk.

The volume is telling a story and most PIshave bought shares and are holding to see the really natural news ie 803, AR and B8 outcome.

Well, we've bought our tickets, on the runway ready for takeoff but now looks like we've been asked to disembark and reassemble back at customs ! What is the position at BNG re licence expiry and current operations. Do they have to down tools until new 2 year appraisal awarded ? Probably suits them re saving a few quid but would be good to understand current position

GM date not booked yet and looks like it's going to be September after they understand the shallow sale position and maybe the mining asset makes an appearance ? Hopefully there's good news in various fronts pre the GM.

The world is definitely in a fragile state and US election result will impact that further, dependant of outcome of course. If it was Trump, he'd bring the Ukraine war to a close but then what next for the Stans ? Our Tokayev could be vulnerable as Putin looks to continue his imperial quest. I don't think Trump gets in but I suppose issues like US economy deterioration could affect result but it's going to be tight.

Back to Casper and 803. We're back in mushrooom mode which is really frustrating. Nobody has a scooby as per current position but hopefully they can drill on if this unexpected zone is non commercial.

If it is poor, are they looking to include it with some good news ? They'd only need to do that if they've compromise the well and can't drill on. Not long to find out shallow sale outcome, B8 approval I could be anytime. WS spud, 815 progress .

Just got to be patient as always !

Especially when they had the opportunity to hit is with CE/155 and 803 pre suspension lifted. A month later and still no news, typical Caspian !

Poor news from 803 when so was 5p would’ve seen a retrace to the early 4s but it’s been pretty low volume since back trading and a demise of 15% and were none the wiser.. poor news now and we’re back in the cycle, it does get boring after a while, a long while !! Always money to be made but this incessant hamster wheel of range bound trading is becoming tedious. If it’s a non commercial 803, the sp recedes, the bottom feeders get back in as there’s plenty of material news to come but a win @ 803 is the game changing drug to end this monotony 😱👍