Member Info for somm

JS,

£0.000444 is the same as CASP's 0.0444p.

So what are you saying? oh they paid out 4 dividends and not three?

Pric k.

BM,

Thanks for confirming a half a penny in decimal form is 0.005.

How about ½d instead?

DM,

Let's make easier for you:

0.5 is the same as a half, so £0.50 is half a pound = 50 pence.

.005 is half a penny kapish?

CASP last paid out 0.000444 of a penny.

Belles,

I reckon if the AR deal goes ahead CASP could get the dosh end of April, but that's very unlikely now I think about it as the OM will have to sign-off on the transfer and they're not the fasted and the $54m bank loan will have to be aptoved / paid out, which could easily fall into June. So I'll say August for a heads up on a dividend payout paid out around September.

A 1st of April payout? Pull the other one...

DM,

You're the one who put 50p dividend 😆 hope you have a better understanding of meters and millions when diving.....chuckle.

OJ,

DM meant to say £0.005p which is about $15m. It's possible considering the amount of cash they should have after the AR dosh has been received, $80m?, but I prefer the stingy side of a $5m-$10m dividend payout as they'll probably have to pay out $30m for ops some more dosh for other opportunities, and they'll have to keep dosh in the bank incase of no additional

production re duster wells, keeping the lights on.

Anyway it's just a guesstimate, should know around April?

DM,

0.5p per shares is £125m dividend, lmfso!

Yep, there's no way they're going to sit on initially (AR $68m + CE $7m plus oil current revenue) around $80m an not pay themselves/ us a special dividend, especially has B8/ Yelemes oil production will replace the shallow oil production (1,600 bopd) with Airshagly/ AR oil to boot coming into play later in the year.

Let's face it they paid out £1m each month for 3 months from less than 2k bopd - what are they going to do with £64m ($80m)?

I reckon they'll pay out a dividend between $5m and $10m from circ. $80m, which is about £0.00177 and £0.00355 per share.

So yeah I reckon a decent one-off dividend is absolutely on the cards, imo.

12 years a slave - don't worry Gritster and look on the bright side for a change, you'll soon be free.

Always look on the bright side of life da da da da da da da always ..........

G,

It's evident you don't understand anything what's being discussed about CASP's assets and what's about to happen on licenses being renewed etc. preferring to make silly school boy one-liner comments speak volumes of your inept ability to ever have a Scoobi Doo.

Best you invest in low risk companies like TESCO and not high risk oil and gas companies like CASP who have had to weather several storms in the past few years.

DM,

God knows why they are looking at buying a WI into a manganese mining company, manganese fell 50% for some years, last year spiked up and is now back down to where it was prior to last years price spike, imo, that's why they were considering buying into a manganese mining company - I'm doubting they will continue down this road, however the Company they were looking at buying a WI into had two other 'gold' licenses - gold is at an all time high so I'm hoping if they do pursue this venture the millions they plan on investing is into mining for gold.

The G70 rig purchase ZzZzZz - they have the CE $6m-$7m dosh to pay for it and I'm surprised we haven't has a RNS confirming it's purchase already, it's supposed to be onsite ready to complete the drilling of the A7 Deep Well, when the Airshagyl license is signed-off we should see drilling resume straight away here along with the A6 Deep Wells acid wash and A5 Deep Well sidetrack - any of these three wells coming good will be Company making, a very exciting 2H ahead on the Airshagyl structure.......and Yelemes Deep well testing to boot.

I wonder how many barrels of oil the Yelemes Deep/ Block 8 structures will add to the current 80m barres of Reserves this year - that have not been factored into the share price due to us not having the license yet for Airshagyl.

Lot's of peeps here don't fully understand what's what with CASP as they just see doom and gloom with a falling share price, which is about to change.......at long last. imo.

CASP can not do anything at the moment, because the KAZ OM have yet to sign-off the 2 * 25 year BNG deep licenses and both Block 8 licenses, AR are still doing their DD and the WS purchase is also pending the OM sign-off - consent has been given, as we know the OM move at a glacial pace which can be very frustrating at best.

None of the above is down to CASP holding back, all of the above is out of their hands, and until the above have completed the share price will drift.

ATM shareholders have an opportunity to buy/ top up before the above are completed in the coming weeks. There are multiple pending events about to come to fruition any of which will drive the share price up and no doubt we'll see the moaners griping on about how they should have bought today in the 2ps - like somebody did this morning 1.2m shares.

The only danger with CASP is not getting their licenses signed-off, and that's not going to happen.

So why compare them as like for like, and how will shareholders be robbed?

If you think shareholders are going to be robbed then why the f__k are you still holding shares in CASP knowing you're going to be robbed?

You couldn't make it up......

Thanks WW, a 6 week soaking before testing would put us way into March for results then. Either way let's hope both wells flow rates hit expectations, 20m mmcf/d would blow the lid off the share price.

BHP was a one trick pony.

BHP - CASP are like chalk and cheese.

Perhaps you'd like to remind us of the asset comparisons or the debt to boot?

Another one who hasn't got a Scoobi Doo.

...expect an update on the 2 wells being stimulated? Will they update us on both wells at the same time or individually give the stimulation on one well is twice as long? If individually I'd guess news out before months end.

The third condition to end the Russian/ Ukraine war.

''Finally, Russia would also benefit from the gradual lifting of sanctions, which would be phased out from the signing of the peace agreement and over the following three years. The movement of goods, money, Russians' residences abroad, their ships, etc. would be freed.''

He must have read my sanctions being lifted timeline post. lol.

So Trump wants to give Putin Ukrainian land and block NATO membership, that's very good of him, he wants to take back the Panama Canal and take over Greenland. How would Trump react to Putin taking back Alaska as that was a very bad deal for Russia. lol

Gritster,

I really hope the share price does goes to 1p, but there's more chance of that happening than you having a Scoobi Do........

Sanctions on Russian oil, Companies and over 2,000 individuals will not happen anytime soon after a ceasefire or when the war ends, you're most likely looking at late 2026 for the war to end after a lengthy ceasefire imo and 2027 for some sanctions to start being lifted. Sanctions being lifted will not happen overnight as Russia will have to agree on reparation payments to cover the damage that will run into the in the billions of dollars. The $250b held by the EU should also be used to rebuild Ukraine's infrastructure and cities as well as the interest, an agreement that should be agreed on before any sanctions are lifted. The EU countries will not allow Trump to dictate where Ukrainian/ European sovereign boarders are moved from/ to, the EU will up their Ukraine funding which will replace some of the US funding shortfall if Trump decides to cut funding, he won't completely cut funding. imo.

Meaning CASP may not be able to sell its oil internationally for perhaps two or three year yet, luckily there's not much difference in local and international oil sales net profit.

Yep let's not get into politics. ;- )

It will be three months next week since the WS consent was given ZzZzZz - this and the licenses and the AR deal going through within the next month or so will no doubt effect the share price positively.

If a AR agree to the deal around 28 February then it will then have to be signed-off by the KAZ government and then have the $54m loan agreed, the $54m + $14m may not be received until the new tax year.

Will we see the new licenses signed-off before the next tax year? With only 8 weeks to go I hope not, a share price in the 2p range would suit me fine re Bed and ISA (£20k at 2p = 1m shares transferred away from the tax man), what's another 8 weeks?

It may not look like it, but the reality is the 2p buying window is closing fast chaps and that's a fact.....

''BNG Ltd LLP and Absolute Resources LLP continue to work towards completing the Disposal and have agreed to extend the 31 December 2024 Long Stop Date in the Agreement to 28 February 2025.''

It's been pushed forward so many times I'm now hoping it's kicked down the road into the new tax year so I can transfer some shares from my F&S Account into my ISA, another £20k worth - hopefully the licenses and WS deal are done after too April with a share price at around the 3p/4p mark, but I doubt that will happen.