Member Info for uncertain

Agreed

CASP is on the cusp!

I see Brent is getting over excited again this morning. Another pop at $70 may be possible today

Dreamer!

I had to google that!

Count the recommends and make your own mind up

I thought you said, a few days ago, that 5p was your exit price?

For future reference the "to the power of" symbol is uppercase on the 6

10 to the power 100 is a googol. Google famously mis-spelled it. You missed out the "to the power of" symbol in your post. I did wonder why you had settled on 10100 bopd and missed your mis-spelled irony

5p is easily achievable again in this share with a successful MJF campaign. To suggest otherwise is misleading.

Have a nice weekend

and with an output of 10100 bopd, my rickety spreadsheet (version 2.0 coming after the accounts) gives us a value of 37p.

While this is unlikely in the near future, 2000 bopd is entirely achievable at some point this year and 2500 is not unreasonable, giving us a value of 5-8p on the back of my very rudimentary envelope. Movement upwards in output of this kind could re-ignite some optimism in the share, creating further momentum, particularly if a divi materialises (more likely in 2022).

Health warning for my spreadsheet: because I am very uncertain of their costs/tax per barrel I put in a range. I hope to make this a bit more accurate after we get the accounts, depending how transparent they are on the new accounting basis.

Thanks for bringing us back to a more positive outlook somm. It is reasonable to assume that new drilling is underway at present. The forecast for Aktau today is 32 degrees and sunny, not gloomy like the UK (and some of the posts below).

Ramping of course is not appropriate here, but I think it is fair to guess that the share price is being held back by lack of news rather than lack of progress. They have told us that news will be quarterly rather than monthly so unless there is something dramatic before July the sp will probably be rather subdued. I am expectingly a modestly encouraging RNS in the summer and meanwhile will sit tight and wait.

Brent is very undecided this week, jumping up and down between $65 and $70.

Tommy, this share drifts down in the absence of news due to disappointment in the past. The news we have just had is small-scale but poor -converting debt into equity. That hasn't helped. We may have to wait until June for last years accounts and into July for Q2 output news, unless of course something else happens in the meantime.

The share is underpriced on any reasonable expectation of the future, but given poor communications and disappointments in the past, we may have to be patient to get a reasonable price

But quite positive in that they range from 1-4 bags from today's price! By the time that happens we will have all been replaced by a new group of enthusiastic and positive minded shareholders

The US market seems ca little dubious about the whole $70 thing this afternoon, but they haven't completely ruled it out.

has zoomed up to $70 this morning. It looks as though the rise has legs

Agreed KK 6-8p on MJF but to go over 10p there would have to be the promise of something else. Fortunately there are a few options available. However having promised and disappointed in the past, it would have to be quite a good promise!

A lot of people are naming their exit price below. Mine would be somewhere over 10p which I think will be achievable if MJF delivers. However, knowing me, once we get to such giddy heights I will get an attack of FOMO on the deeps.

CC I suggested moving on. I am capable of doing that so I hope you are too. Insults are not necessary, or indeed in this case even accurate.

Brent bounced back nicely yesterday after a little wobble, due perhaps to the pipeline starting up in the US. $70 still a possibility in the near future.

Well make your mind up CC. One minute you admit that some of your posts have been wind ups and the next you claim you are as pure as the driven snow -:))

Agreed KK. I always take your posts as an honest and frank expression of opinion.

Can we all agree that we have no idea why they have issued these shares and hope badgernator's email enquiry gets a reply. We can all speculate but none of us actually know. it would be polite of the board to inform us, but we know they're not very good at that. Unfortunately it just provides an opportunity for some people to generate rumours and shift the share price for personal gain