X2
KTZ to USD has drifted further during December
Now closer to 25% devaluation since original shallows deal first pitched
Mirrors rouble's decline against the mighty dollar during 2024 |
Maybe Jimmy and it's another extension. Et al,Another important point as NN mentioned, Tenge has devalued 15% since deal was pitched in April, that benefits Casper as the deal has been agreed in US $ and paid in Tenge so that has gone in our favour. Obviously got to look at inflation that's running at 8% but it's a result for Casper if deal completes.Happy New Year, hopefully it's going to finally be a prosperous 25 for all invested :) |
Surely they would have pulled out when the price was raised the 5 million if they thought the deal wasn't good enough for them.Hopefully it's just delayed to iron out the finer details.A peaceful healthy and happy new year to all of yous |
We'll know soon enough. Only kiss for AR would be the $2m paid for exclusivity plus the interest on the $14m received. Wouldn't be a disaster if AR pulled out. |
I don't think AR are going to want to just let go of the significant monies already committed (and non-returnable). Therefore more likely to go ahead (albeit delayed) than not. |
If the deal does fall out of bed, I believe it'll be Caspian end ie production not as positioned as per SPA conditions. I'd have thought that if there was going to be a renegotiation, AR wouldn't have signed SPA. Not long to find out but even if it fails, H1 25 should be defining . How many times has that been said !! |
Spot on X2
If they have bad news to hide an intra day RNS will be published at 12.29 tomorrow
Suspect we will get an update on Thursday or Friday saying longstop date for Shallows sale has been pushed into Q1 25
Whatever happens let's hope Clive gets all his ducks in line during H1 25 particularly if the doommongers are right about a big global recession kicking in H2 25! |
AR deal position ? Deadline tomorrow so is it deal, no deal or delay ? Our CC suggested that completion was imminent but as we know, he likes to use that word 'expected' and that always gives him plenty of timing latitude ! I'd have thought it would've happened by now so maybe an extension or renegotiation on the cards ? Have AR been able to raise the $54m ? All will be revealed shortly but even if it flops, which wouldn't be a surprise flowing previous failures on the BOCI deal and the CE sale, the company would still be in a good position as they're we'll retain the shallows, keep the deal deposit and interest payments and crack on.News tomorrow or do we wait to the NY ? If it's poor news I suspect they'll dump it tomorrow. |
Hope you are all making the most of the Boxing Day sales ;-) |
merry xmas to all - hoping for a more prosperous new year for all caspian holders. |
Have a great Christmas guys and hopefully a very prosperous new year to all in 2025
It now looks like it's going to be a very busy first quarter for CASP on the news flow front ;-) |
Thanks X2. Appreciate the posts - and 2025 for Caspian has to be better for delivery and valuation - I'm sure it will be.
Merry Xmas! |
Happy Xmas to all investors. A miserable year but here's to 2025 !! |
2x Enviro permits for BNG issued and cover period ending 31st Dec 2025, so business as usual for the BNG blocks ;-) |
WS and B8 ? |
So without the AR deal approval and the licence issues what is there they can announce ? Cash from CE? |
P
The next RNS will be published during first week of 2025
Probably telling us the long stop date for completion of Shallows sale has been extended to 31 March 2025
No bad thing as we will benefit from production cash flow in Q1 25, while WS and B8 hopefully get closer to becoming income producing assets.
Who knows maybe the BNG Deeps licences will be signed off too early in 2025!
Merry Xmas chaps ;-) |
Been in here for years and the first day without a ramp. Lol.Probably a RNS tomorrow that doubles the share price ? |
Interesting price point want 3.24p for >524k lot size, then cliff edge down to 3.143p
Update... 650k lot size @ 3.3p
Update 2....1.25m lot size @ 3.275p
MMs sitting on mucho caspo
Maybe news coming before Xmas? |
O/topicTesla and Bitcoin ! The biggest bubble will burst in the not too distant future. Tesla m/cap @ 1.6 trillion and a PE of 103 !!! Crazy times |
They've always obtained licence renewals so I believe that they'll obtain them. The BNG production licences will come at a cost but I believe they've been very clever by splitting the licences up to enable individual block sales that could generate more revenue. I don't believe they sell B8 if successful and that with WS will hopefully replace the MJF/SY shallow production and some. Still all to play for. |
I wonder if the license issue is more important than the AR deal. The AR might keep rolling if the currency move is an obstacle. The licence impacts the value of the related assets. So if it so important getting it should in itself lead to a significant share price move up |
Yep Maxim, where's that tipping point ? The AR deal would be a good start followed by the licence approvals on BNG blocks and Block 8. Obtaining the approvals strengthens the NAV regardless of any further drilling. CC has stated that there was appetite for blocks WITH production licence approvals. As we know, the big value comes from converting a deep or two but we're still hugely undervalued providing they gain licence approvals. As always, patience required and hoping that H1 25 is finally rewarding for all invested . |
Lots of winners...lol |
NN,It's a very valid point re KZT v S . Casper are getting paid in KZT equivalent to $88m and the KZT has depreciated c 18% since deal announcement in May. Casper are the winner in this transaction as a lot of their costs are in KZT whereas their income is in $. Inflation reduced greatly from 22% in 2022 to 8% today so Caspian are definitely winning if the deal completes. AR will be winning too going forward as all their revenue will be generated in $ and if they can exploit the shallow resources then they're onto a winner. We'll know soon enough. |
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