Member Info for SmartyP1

The inevitable sell off as delay continues, provably not helped by a poor day on the markets and maybe leverage being squeezed.

Cmon Casper, get the bleeding news !

Https://www.caspiansunrise.com/investors/shareholder-services/

That’s because they ‘re part of the CP and have to be disclosed as part of the 48% 😉

Also if you look at company website and add up KO clan & Daehann you get to c 59% and the comment re 41% in public hands is what’s left. That’s not in PI hands as you have all the larger Kazakh, Korean holders plus AM and Benny.

Need some good news on 893 please 👍

A lot of speculation this morning but as far as company know, nothing has changed. They’ve decided to post 5% as their cut off on website hence no AK but they may review that.

Yep, they certainly have previous for not informing the market on share movements but hopefully the growing asset base, the diversification, the involvement of AR, ENI/KMG, hopefully we don’t see any more of it.

CC,

You’re so wide of the mark with your understanding of the relationships, that’s for another day.

Time for Caspian to start delivering that promise .

I’ve given my feedback on the new asset from the KO stable. Prove up the value on the existing assets before adding another. If they wanted the price down and to max out on share allocation, they could trash the price but instead, it’s hod news on CE, good news on 155, hopefully more good news in Q3 and then a new acquisition will be viewed on its merits rather than negativity to another poss sweetheart deal.

Also the non CP members, they may not be onside and PIs won’t be so maybe far more difficult to get it through.

Time to deliver on the OE portfolio 👍

I’d rather focus on fair value @ 10.9p 😉

Doubts, that's one thing we can agree on and I believe most investors would too. I'm fully aware of the risks, some are listed on page 6 of Zeus note but there are others. This is high risk with the potential of a very big reward, something that they've not managed to deliver as of yet. I'm not here giving advice, I state my opinion, one that doesn't change with the wind to suit any short term trading strategy. This is the only AIM stock I'm invested in and as stated many times, H2 will be a defining period for this stock.

The risks are real but most of them have been there from the beginning. Lets take the loss of licence or no licence renewal as on. Is it impossible ? no it isn't, the loss of the $32m legal case shows that nothing is guaranteed and it's something to be considered. Taking it Private ? another risk, Kuat clan not on the right side of the Kazakh elite club, more riots etc. Anybody invested here knows the risks but they've navigated their way to this position and they're starting to build a more financially stable company with a more diverse structure.

H2 is a defining period for this company and even if 803 fails, I can see them delivering shareholder value but the big money comes from deep success. If they fail then they sell the assets and I believe that BNG structures could be sold for serious cash lumps, that's why their splitting licences.

Got to be in it to win it and I don't care about short term fluctuations. Yes you can trade around the fringes, average down etc but the goal is to get a big payday and the opportunity is here and now. If they fail because of one of the 'left field' risks then so be it but that responsibility lies with the investor but as always, you'll get the blame game when things go wrong.

803 news next week, poor and back we go, positive and we break out, the upside favours the hold/buy and either outcome will see huge buying.

P.s there were 2 x 177k trades, buy and sell.

And back to 650k after a 177k sell ?

Bid was 1.2m earlier, now 1.925m ?? Spread @ 5% but they want your stock .

Apart from the first couple of days post re-admission, the volume has been tiny. The B8 owner pre-selling his shares, absolute hokum. He’d need a couple of years to trade out his stock 😂The trading is from PIs and the recent trades are probably from spread betting fraternity, getting access to the book and nearer or better than mid price.

What happens now ? Thursday afternoon, another low volume day and surely 803 news is upon us. I believe most tickets are bought but are we going to see bigger volume tomorrow pre the weekend, who knows, may get update tomorrow. We don’t care when as long as it’s the right flavour.

Wouldnt’ t it be great for us to break out of this miserable tracing zone, the same PIs swapping shares back and fore. This stock needs new investors and to break us out but for that we need the right news and that’s down to our Casper to deliver it. Providing there are no left field events that the FUD spreaders like to emphasise ie no licence approval for BNG/B8, the barge sinks, no revenue from shallows, the reservoirs damaged beyond repair, take it private etc, then if you look at the H2 schedule, we have a great opportunity to get back to double figures starting with 803,

If 803 fails, the knockers will have more meat on the bone to knock it some more and discredit the H2 opportunity. We all know they’ve struggled with the drill it but the oil is there so imo, worst case they keep drilling holes, they separate the licences as they’re doing, they get a new reserves update and they bin BNG. There’s minimal value given to it anyway but I can see that they will sell it if the right offer comes in.

Then there’s the CE, hugely undervalued on BS. Then B8, already producing from previous Soviet deeps and 2 new deeps on 2 new structures already drilled and paid for, £5m loan coming back our way when/if deal goes through

Yep there are plenty of risks but they’ve sailed done choppy seas over the last 18 years and they’re still here. Prospects looking far better than at anytime since incorporation and H2 results should see them deliver some of that shareholder value they’ve been taking about for some time.

803 is important from a sentiment perspective, if it fails, hopefully they can drill on to original TD and the cycle resumes again . It’ll be a fantastic opportunity for those who want to trade on a poor or great outcome but it would be great to see us breakout with good news as that move will be sustained by the imminent plans and material news.

Tick, tock.

XP,

The mid price was wrong as opening market was 4.51-4.63p yet published mid price was 4.65 which as we all know should’ve been 4.57. Market at close was 4.43- 4.55 and a mid if 4.49. Volume was tiny and bid was 700k at the close. This share has never been leaky and our Clive sticks to the script. Regarding 803 news ? Pis are in the dark and I believe that test news will be here shortly. Bad and down we go into the 3s but it’ll bounce again.Good news, we’re on the way back to double figures 🙃

Et al,

Much that there are huge rewards here, there have always been risks, page 6 of the Zeus note covers some. I’ve been here forever but have never been so bullish but as always, high rewards usually come with risk.

Cmon Clive, sone positive news on 803 please as the jam tomorrow is a long time coming .

CC, stop it, to much belly laughter today 🤣🤣

5p, a rise ? As stated H2 is going to tell us all we need to know here , many bags to be had so why would one sell now ?

P.s don’t need funds for the boat 😉

I wish he’d post here as he’d add some value and help cut through the BS. I’m still laughing at the no revenue commentary 😂

Some peeps would’ve believed that guff and maybe sold and who knows, may be the right call if this 803 zone fails as sp will retrace briefly BUT a big call if 803 flows as this will gap up considerably, I’ll be raiding the piggy to help fund a few more on either outcome.

Off to look at a boat 😉

CC,

Well I guess we get to find out very shortly. It’s laughable to think that Caspian would give away prod revenue for 6 months or so $13m+ if deal concludes in August ie signing. That would leave Caspian with zippo revenue apart from the barge, how could anybody believe that ?

Cmon Casper, let’s be having some good news on 803.

If AR deal goes ahead, we’ll get cash in H1 2025. Surely we’re all happy with that as we’re going to receive ALL revenues from current prod of 2300bopd (2050&250) up to the time the deal concludes, by that I mean when cash hits our bank, what’s not to like ! Add in 815 success , CE cash and who knows re 803/B8 & WS.

I believe Spangle on ADVFN has summarised the reservoir damage and rig as garbage, pretty much sums it up. Have a read, you might learn something.

C’mon Clive, time to release some positive news on 803 to catch a few peeps out 😉

Yep, 803 is a very important well and the new unexpected horizon was a bonus. As stated many times, I believed the sp would open at 4-5p on re-admission and retrace 20% on 803 failure but bounce again as you start ramping again. It's the end of the world one second and suddenly it's all rosy again but hey CC, most people know that but sadly you will dupe those who are not familiar with the investment and invest into the hype.

Do we know if 803 is successful ? Do we know it's been perforated and tested ? know that it's been completed ? If so does that mean they can drill on ? All I can go on is the RNSs and I'm awaiting the next one, good, bad or indifferent.

I sincerely hope that we get a positive update on 803 that gaps the sp up and transforms this AIM minnow. Nothing guaranteed but the rewards from the assets are there IF they can convert.

You are unbelievable CC but luckily most know your MO.

You go on about vomfirting e-mails from our Clive, I don’t believe I’ve ever had one. He sticks to the narrative BUT he’s the Chairman, he is the one that releases comms and as we all know, the content needs clarification sometimes as he is prone to Carverspeak. I don’t like it, I’m sure others don’t either but if you’re invested here for years, sadly it is one of the things you have to put up with, see that the assets could deliver considerable sp appreciation or quite simply you sell and move on.

Re current fair value on broker note at 10.9p , where is Block 8 ? The existing wells have damaged the natural productivity of the reservoir, that’s why they’ve stated that they believe that completion of A7 and another A5 sidetrack without damaging the natural productivity of the reservoir. They’ve messed the original A5 & A6 wells, we know that hence the remedial action BUT the oil hasn’t disappeared ! I didn’t write the broker note and caption below -;

‘In 2022, the company paused drilling operations at the Deep A7 well at a depth of 2,150m with the

expectation of resuming drilling operations once the rig being utilised at the Deep A5 well is freed.

We believe that the Deep A7 well represents an opportunity to drill and complete a well into the

Airshagyl formation WITHOUT damaging the natural productivity of the reservoir.

The company intends to drill a sidetrack well off the Deep A5 well. In our view, the sidetrack Deep

A5 well provides Caspian Sunrise with another fresh opportunity to drill and complete a well into

the Airshagyl formation WITHOUGHT damaging the natural productivity of the reservoir. For reference,

the Deep A5 well produced at instantaneous rates as high as 3,000 b/d of oil.