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Good afternoon. Does anyone have an email address for Caspian or any of the Board? I'm trying to get in touch but their published email address: info@caspiansunrise.com is just bouncing back... cheers
Sadly I don't I'm afraid DiverMike... I just took a view that the Geology in Kazakhstan and the huge commitment from a successful local oligarch offered a better than average possibility/probability of discovering a significant find and relatively cheap extraction. Seemed like a good idea at the time ;-) All my instincts suggest that it would make perfect sense for Chevron/Exxon to buy us out if we can get four or more deeps flowing, since they have all the infrastructure nearby to refine the oil at relatively low cost, and as the World charges towards renewable energy and electric vehicles then the large oil companies appetite to explore for new oil fields might diminish and it would make good business sense to 'hoover up' existing oilfields that are still largely untapped?! Fingers crossed that they agree ;-)
Apologies for going off at a bit of a tangent... but I've been holding/building for a long time now, and every penny on the SP is notionally worth £32.5k to me... so every movement up or down provides pleasure or pain in equal measure.
Reflecting on rhertig's post has made me ask the question 'how much does a 59 year old bloke need to have in the coffers to ensure a comfortable (but not extravagant) retirement?' I'd just be really interested in everyone's thoughts since I've never actually formed an exit strategy on my Casp holdings... and probably need to!
I bought 9.6m at 8:01 this morning... but it's not showing on the Share Trades list on LSE???
The share price spread, and the 'buy-sell indicators' are a bit mis-leading this morning. I've just bought another million shares at 1.0575 when the indicative spread was 1.03-1.12 so my buy's showing as a sell. Suspect that's the same for other investors this morning. KEFI's heavily oversold this week in my opinion, and with Gold coming back 'into fashion' the prospects over a two year horizon look excellent for KEFI.
And Chevron will have another £1.58Bn in their coffers when they sell their North Sea assets... it does make you wonder where their next acquisition might be. Any thoughts Clive? ;-)
If 310m shares in free float is an accurate figure, then I have 0.86% of them... never quite thought of it in those terms before! I've been holding/accumulating over a long period with an average of price of circa 9.5p, so currently in profit but not by a huge margin. I've no intention of selling either... until we approach a £1 per share. I have every expectation that we'll receive a bid from a 'major' at Tengiz within 2 years, so it's their potential target price that is keeping me excited at the moment.
And, I'm just north of 28m currently... and trying to bed & breakfast £20k's worth if Interactive Investor get's their finger out. Placed the order when the spread was just 1p last week... but it's still not been transacted!?
With the price falling, and the implied selling... I thought I'd try a hoover a few up this morning and tried to buy 1,000,000 then 500,000, then 250,000. Nothing available from the MM's... all the way down to just 50,000.
With so few available... the only was is up at the moment. Well, so I hope...
Hi @IvyBush... that's a very impressive holding sir... almost 1% of the Company.
I'm some way behind you, but still at 25 million.
I wonder how many other members of this bulletin board are in the same territory?
Couldn't agree more IvyBush... just bought another 8 million...
Whilst the sentiment is very subdued, there are bargains to be had here.
I'm focusing very much on the underlying value of KDNC's investments... the math's makes it no-brainer, if one believes that any one or more of the investments will come to fruition (or be acquired by a major).
ps... I think most investors will have read this (slightly partisan) report from Turner Pope... but it make extremely interesting reading:
http://wresources.co.uk/wp-content/uploads/2018/05/TPI-WRES-14-May-2018-WEBSITE.pdf
Accumulated very close to 30 million WRES shares now Safetyman... All my instincts are for a tripling in value, and circa 1.5p per share by the end of 2019. That's almost all driven by La Parilla coming on stream, Tungsten prices increasing 10% on today's commodity price and then there may well be some icing on the cake with Régua and Tarouca taking us closer to 2p or more... As AIM goes, I think this is a pretty de-risked bet and as you know, you make your 'real money' when you buy your shares rather than when you sell 'em!? GLA
I've just bought another 2 million at .437 but its showing as a sell?! These indicative buy/sell markers are very misleading. Never understood why the trading platform can't determine whether its a buy or sell rather than guessing around a notional mid-point?
Now own 2.86% of the Company!??... nursing a very long term loss of >90% though. Interested to know whether any other PI's own similar percentages and potentially able to influence the de-listing vote?
I've just bought another million too at 0.36p which is showing as a sell.
I've just had a note from Duff & Phelp's in response to my request for clarification about the legality of Rich Pro's 2.1p offer and any options that I might have to revoke my previous acceptance... and their note states: "Unfortunately, we are unaware of an ability to revoke your acceptance to the RPI offer now the offer has been made unconditional. In light of this, I suggest that you contact the Takeover Panel or seek your own legal advice in this matter." So, in light of the timescales referenced in RPI's last announcement, it appears that the shares of those that accepted the 2.1p offer will be transacted next week with little, if any redress? Please let me know if you have received any contradictory advice?
Hi all... I'm not sure if we're still collating a list of who's voting Yes or No?... but my 156,755 shares will be voting 'No'. I'm very much of the view that Mr Parsons et al have feathered their own nests at our expense, and I think we ought to give Marl and the AIM a 'shot across the bough's' to say that this type of behaviour really isn't acceptable. My personal exit strategy was around £2.50.