Member Info for smasher

Haha, I guess you are all bored like me looking at the posts. We are also going to be taken out by BP early next year for 4 billion , back to you lot .

So not so many sold and got back in and if you did was it really worth it as only very small trades showing which would not make much difference. The reality is a few pence is f all in the grand scheme of things if a deep comes in let alone other deeps and all the rest .
Well done anyway to getting them at a better price.

Couldn't agree more.
To be honest most investor's I know are beginning to pull out over the next month or 2 . For me it's slightly different in that my time is almost up in this game and I'm absolutely knackered. Like I said coffee I will retain some shares for divs but l have lost that drive that pushes you forward .Like I said I've done ok in this game to give me a good retirement which is what we all do this for.

Now nearly 12% on absolutely nothing at all haha , got to love them.

Dropping nearly 8.3% of the company on just half a million shares sold haha , nice one mr market and just so so corrupt. Just thank God I'm almost clear of it all. Next year going to be a slaughter in the markets. As the old saying goes cash is king.

Dispense with the crap hey and just say what price you would buy in at because it's getting boring or should I say buy back in at. God if I had a pound for everyone that has said the same across these boards as you have then all of a sudden great news comes out hey presto you just got in at just the right time 3 minutes after the bell.

If a game is worth playing then play it well but your just keep on showing your hand all the bloody time.

No I haven't sold Bmn but my trade in BT but still hold just shy of 200 thousand BT. Just starting to cash in my investments and bank it . Bmn was going to be a quick in and out but I think like most has turned out to be a lot longer and rightly so. Caspian I can just let it go now and see what happens next year . I'm sure you have covered your position here mate and just playing in the background now and that why I put up the ( Great game we play ) Just mine is coming to an end .

Of course I could have a big top up but the way I see it is that I'm in around 9 so for me to reduce my average would take considerable money and while I have the ability to do so without a problem I don't think it would be in my interest to do so.
I taken steps that secure the percentage needed in my portfolio to bring retirement forward for me in Trade's in BMN and BT which have been fantastic.
That alone has given me more than a free ride in Caspian . Yes risk as always with investing but the drop to even 6p is pretty irrelevant if just one deep flows let alone what else over the next few months .
I have played my hand and I'm sticking with it so let's see how it plays out. Gla.

At this rate even I could make this fly with a couple of big buys.

What makes me laugh with people like Dave is they think with tunnel vision. The gamble is across your portfolio not just on one individual company.
In percentage term's on my investments this year it been fantastic for me so that gives me the ability to wait here without having a problem on this down trend at the moment. If this comes in great and if not I have like most already covered it . No one gets it correct all the time as you wouldn't have a market. I'm afraid Dave needs to concentrate on the companies he believes in and not the one's he doesn't.

Dave if you don't like the company what the .... You doing here. Months talking the company down for one purpose. The company is crap but I'm still going to post and waste my time telling everyone the same old same old story.
If you're in you're calling yourself an idiot and if you out but still post the same applies.
You clearly don't believe this will make you money from your posts yet spend time here instead of putting it to better use like family/ friends/ research in companies you do believe in .

Interesting after a bit of research wells drilled in the Devonian to Mississippian ages producing from between 2300 to 8000 bopd at 6300 psi. Average was 3300 ......A5 flowed at 3800 so you can understand why they are going deeper as they could hit the jackpot. Could take 3 years knowing Casp haha. Time for a cuppa and tv.
I think coffee this was after drop off in pressure which as we have talked about would be the same for A5 bringing it down to around 3200bopd . Would be very nice to hit a 8000 bopd well . Hold my hands up mate about next year as you was spot on .

We also plan to evaluate deeper carbonate targets of Devonian to Mississippian ages.
That's interesting and I will have a look but I think from memory the Russian drilling years ago was getting around 5 to 7 thousand bopd at around 700 to 800 bar. One of the wells was 7800 bopd .

3 deeps with the first starting this month , I'll have a bit off that. Makes you think just what have they found. Downside Caspian drill the last 1200 m,why not drill the lot and get them to complete the well in one go.

3 deeps with the first starting this month , I'll have a bit off that. Makes you think just what have they found. Downside Caspian drill the last 1200 m,why not drill the lot and get them to complete the well in one go.

16p this week to start the ball rolling...... one deep on test then hit us with the other the following week.

Yes the assets are different but as you know if the 2 deeps flow plus the shallows then at 80 20 split just on them it's just over 100 million a year profit and that's without A6 and other wells coming online.you can't compare them.

Bmn is a great company and I'm glad to be holding while here has certainly got the potential to match ( if they get their act together). What a game we play . Like yourself I had a trade in BT and made a killing but this time I've banked the profit ready for retirement.

Off to lay a path for my daughter which I said I would pay for but she wants to do with me instead ( gulp )

Next week it is then for both deep wells to be flowing and CPR completed ahead of schedule with a billion proven.
God let it be true. On that alone we should get to around 11p haha.

Don't get me wrong the potential here is staggering to say the least if only they can get the deeps to flow.
From memory to get 2 of the deeps to flow and the shallows thrown in and then allowing for the drop off and 20 / 80 split it was just over 100 million profit a year and then throw in A6 on top if it flows. Now that's what you call potential and why we are all here. Just need Caspian to pull it's fingers out .

If I've got my sums right A5 could have keep on running and put 5 million in the bank up-to the time they started working on it. Hmm.