CASPIAN - 2005 Year of Growth - Serious Discussion Thread

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Sharebuff - Sat, 22 Oct 05 :

enamel - the shares have fallen due to negative sentiment more than any change to fundamentals. Poor PR has not helped. Indeed the latter will change soon as a result of increased production.

I'm not expecting spectacular things just steady progress on the workovers e.g. an increase to 400 - 500 bpd. With this output being sold on at higher prices now that the infastructure is in place the Z field will soon be a healthy revenue generator. However the salt lake drilling and extension area represent the more exciting prospects.

As for disclosure on change to major shareholdings - is there a time limit for announcing this after the sales have gone through ?

I hope that Masterman has the forethought this time around to put out a comprehensive RNS that answers more questions than it raises.


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