It is possible there is another deal coming with shares as the consideration hence wanting to keep the price low so more shares are issued ?I am trying to understand why there is no news on anything |
Offer price for 325k shares @ 3.27p
MMs really don't want to give chunks of CASP away today
More than happy to take stock off paper hands at 2.93p though ;-)
Expectation of a positive RNS dropping is rising as each day goes by!
Update 16:30
Saw this weird MM manipulation a few days before news was released, maybe we have a leaky ship! |
X2
Maybe Clive going to surprise us again tomorrow with a cheeky intra day Thursday RNS, his November surprise certainly made it an interesting trading day, if my memory serves me well ;-) |
Hi Timber,UPS ? I think this lady needs to renew her knicker elastic (; |
MMs playing games ;-)
Expecting to see some sizeable delayed trades appearing over next couple of days |
Seems to be a problem at London SE
No trades are getting published today
Just bought 5000 @ 3.07p and it's not showing
Update: it's back online again so trades should be appearing as usual again |
2.80 v 3.30
MMs moved offer to top of pricing range
Game of chicken between pis and MMs
Who blinks first?
News about to break? |
Maybe advfn is lagging on trade updates |
Well, wonderful Wednesday is replaced by WAITING and wondering but I'll take that over wicked and woeful. Another W, the weather. A lot better than previous winters but not really relevant when operational activity is minimal.https://www.accuweather.com/en/kz/tengiz/1686182/january-weather/1686182Meanwhile we WAIT for next news ie AR deal, licence renewals, 815, WS spud. 803 continued testing, Akkaduk testing at B8 and A5 side-track to happen come licence approval. If AR deal closes then expect the mining acquisition proposal too. |
Two new flare licence permits issued last week covering BNG area
Perhaps they now have well 815 flowing after December's acid treatment
Shallows current oil production now north of 1600 bopd?
CASP cash balance growing every day they remain owners of the Shallows and minimal exploration costs during pause waiting for 2x Deeps 25yr production licence issue
All going in right direction with West Shalva going into production in Q2, together with B8 going on test when second licence obtained
Go go go CASP ;-) |
Seems we are stuck in 2nd gear still. We need good news. |
Wonderful Wednesday anyone :) |
From being almost comically oversold, the 14-day RSI is now surprisingly heading slightly upwards but still low at around 30.
It's taking all my reserves of self restraint not to really pile in at these levels but I've got more than enough of these now and want to retain at least some small degree of prudence! But I'm jealous as hell at those buying/adding down here. Surely ready to pop on the right news, and at least I'll enjoy that. |
Don't think anyone would disagree that CASP should be valued in USD given their assets produce oil which is priced in USD
What I don't understand is the market cap of CASP was $125m in Oct24
Now it is $80m!!!
Nothing has changed except the pound has dropped against the mighty dollar
If the market was pricing CASP USD correctly that asset should have appreciated in value by >10% in sterling terms not drop 30% since October
Embarrassing how bad the AIM market is at pricing asset value, but I guess there lies the opportunity for savvy investors to exploit ;-) |
$500 m bid equates to 18 p . Versus the current share price I would be very happy . |
KMG now own 100% of Dunga Field
3AB own subsoil below 2500m subject to licence renewal |
To do with CHI-NA? |
N N can you give the link please |
Just saw something on X
Bit of an eyeopener when the penny drops who is connected to Absolute Resources
Good luck to all ;-) |
Crazy times. So tempted to add but no more for me until I see some concrete positive news. Patience is definitely required . |
Very silly indeed X2
I'm pondering the value of a business producing 2000bopd, hire fees of $10m and oil trading profits of $4m
My number crunching keeps throwing up a share price north of 10p for an equity base similar to CASP
Amazing how the shallows sale and the licence renewal delays have destroyed the share price in the short term
Huge re rate if sale proceeds finally are received and a few of the licences get signed off and perhaps confirmation of another hire for CE to boot! |
Getting very silly now but I've had too many historic bottom fishing episodes. Needs confirmation of shallows sale to give it a kick and plenty of other news to follow. Hugely oversold imo but current investor base obviously don't agree . |
KZT makes new historic low against USD
532 v 430 May 24
Hope Clive is holding the $14m in USD and didn't convert to KZT! |
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