CASPIAN - 2005 Year of Growth - Serious Discussion Thread

That would represent a 200% increase in output over Q2 figures and IF its coupled with a timetable for salt lake drilling could inspire a change of sentiment. Say 450 bpd output at a weighted sell-on price (some import some export) of $25 pb which represents $11250 a day (revenues of roughly $3.9m a year based on 350 days production) and thats without additional discoveries.

Assuming it all comes off, anything under 20p is a steal because current valuations have effectively priced in 'bad news'.