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CASP Caspian Sunrise Plc

4.10
-0.10 (-2.38%)
30 Aug 2024 - Closed
Delayed by 15 minutes
Caspian Sunrise Investors - CASP

Caspian Sunrise Investors - CASP

Share Name Share Symbol Market Stock Type
Caspian Sunrise Plc CASP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.10 -2.38% 4.10 14:00:28
Open Price Low Price High Price Close Price Previous Close
4.20 4.10 4.20 4.10 4.20
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 30/8/2024 08:53 by xclusive2
Yep and hopefully they continue to need the small entrepreneurs like KO. Exposure to ENI/KMG not a bad thing either and hopefully will up their profile. Also huge focus on the emerging mining sector so will be interesting to see the commercial case for the mining project.News next week on all fronts. Investors will wake up to the opportunity here in the not too distant.
Posted at 29/8/2024 20:31 by xclusive2
NN,We need to attract new investors ad I believe a large % of current investor base are tired of waiting and many will exit on really good news, good luck to them. Then we'll see the hype kick in and with it the hot money BUT we will see longer term players who see the opportunity and don't carry the 'jam tomorrow' battle scars from long term investment here.All pie in the sky without good news but if they don't do it in H2, they never will !
Posted at 28/8/2024 09:39 by xclusive2
They never learn re keeping us updated regardless of the material nature of events. Just to know that they are on track with various projects is reassurance for investors but as we all know we're pawns in the game, irritating ones.
Posted at 23/8/2024 10:35 by xclusive2
True market is 4.21-4.33 and the displayed mid prices over last few days are fictional. Trading still tiny but largely selling g but price holding up. Has somebody been absorbing the stock ? Zeus investors getting in on the act ?Who knows but hopefully we see some action (positive) next week.
Posted at 04/8/2024 09:15 by xclusive2
Raushan used to be a 3% holder but now under the 3% threshold as a result of increased share issue.One thing we do need is to convert those assets into real value. I don't want to see any more family assets being absorbed until they do otherwise we see more dilution.They are moving in the right direction ie to create shareholder value BUT it's taking a long time. The CE is finally showing its worth and hopefully continued charters, involvement in projects etc that will mean it delivers an annual contribution. Also its sale value is multiples of current value on the balance sheet.MJF is being sold and had been the cash cow. It's a chunk of cash but it certainly won't be the end of the world if the deal falls through, especially as daily production is at 2300 with the added profitability of the oil trading arm. The BNG deeps, as we all know, that's where we get rich if they come off. They're splitting the BNG licences and have extended for 2 years to continue appraisal process providing licences approved. Will be interesting to see what happens next if they can prove both structures up. I believe they sell the licences for a chunk of cash or the company dependant on what's happening with the other operations. They would have to spend fortunes to initiate the FDP so they will sell it or company but I believe it'll be the former and keep the remaining assets in the business. Then Block 8 deeps. If they did sell BNG, I believe they keep this asset and continue the journey. What do they have there ?existing production albeit low from 2 x previous Soviet deeps but have drilled the 2 new structures and the company has alluded to the fact that this will replace the MJF/SY production, encouraging if it's true.Then there's West Shalva. They believe it's a producer but we'll know the result if the first well in H2.Then the mining asset, as stated, I don't want it until they prove up the current assets but I'm sure it'll be proposed and will be interesting to see the financial case if it's a producing asset. Then there the oil services business, building a more diverse business with different arms. The Oil Trading arm is proving profitable and could continue to grow on oil and commodities, not just for the Caspian asset portfolio.What's next ? 803 news this week and it's a huge well for Caspian. If successful, it will transform the landscape and with it investor sentiment. All the other assets will look a tad more shiny and the hype will begin but this time with some solid foundations. If it's a failure, share price will retrace into the 3p zone but it will bounce very quickly as there's other material news to follow in H2. We need a result on a deep play, much that this find is above the salt, it really would change the game and attract new investors. Like a broken record, H2 is that defining period for investors and are they going to finally deliver against the expectations set. Big week coming up, good, bad or indifferent .
Posted at 23/7/2024 10:06 by xclusive2
Jay,Nobody knows the true position on 803, only Caspian leadership. 803 could be non commercial but worst case they drill on, not the end of the world as this was a bonus find and we have a busy H2 ahead and most of the news is likely to be positive. We're going to know soon enough re 803 but some investors will sell, especially the TA boys but the volume is tiny. Penrith,It tells a story and many investors aren't able to test the bid/ask in volume. It's the investor barometer to gauge investor interest and direction of travel, some may find it of interest. 803 could be flowing, nobody knows and a positive update will definitely throw the cat in :)
Posted at 07/7/2024 11:45 by xclusive2
NN,I believe it's likely to be the former. One or 2 ops updates next week followed by a return to trading w/c 15/7. I'd prefer that v inc in the accounts, we'd get a fair better response on re-admission if the news is good. Gives investors time to digest the info, the hype to build and the for the info to percolate to the investor community. Obviously it's good news that enables this to happen but with CE and 155 both positive although the latter is early days, the 803 update is the company maker news and who knows, may get N8 too but I believe that's wishful thinking. Clive also needs to cover off the positioning of 803 if successful. Shallow or deep, part of excluded area as per licence or not, to be sold to AR as part of current deal ? Also 155 success, price renegotiation or withdraw from process. Lots to understand but hopefully we get clarity on all questions as of next week :)
Posted at 03/7/2024 10:20 by xclusive2
Price when this returns to market? For those who have sold or were leveraged and had to sell, they will have to move quickly to rejoin the party. Newbies to the party ? Is the latest news on investor radars ? Are the bloggers and marketeers pumping it ? I wouldn't be surprised to see an opening in the 3ps but that will last seconds as the demand will be huge and this will move rapidly. The MMs may gap it up but as always, depends on news flow pre readmission. H2 was always going to see some material news and we've started positively with loads more to come. This is likely to get hyped off the boards and the hot money will land as it hits the top gainers boards. That hype will continue because there will be continued newsflow and at some juncture the share price will be higher than NAV as the blue sky gets factored in. That's when I we're going to see profit taking but if the foundations are strong then any retrace will be short lived as new investors take up the slack. Sone serious money to be made and I've waited 18 long years to see a proper return from this high risk investment :)
Posted at 13/6/2024 11:31 by xclusive2
Re 23 FY accounts. I still believe they'll get them out looking back it's not 2017 that they managed to get AA accounts early enough for investors to vote them through, it was 2021.2023 - Trading suspended as accounts missed 30/6 deadline. Published on 7th July when trading resumed2022- Published 27/6, AGM on 30/62021 - Published 29/6 AGM 23/72020 - Published 25/6 AGM 26/62019 - Published 24/5 AGM 21/62018 - Published 14/5 AGM 19/6I think peeps are getting their knickers in a twist re accounts publication. Last 4 years they've been published last week in June and late in 23, the only year since inception where they were 7 days late.They could hold the AGM 3 weeks after AAs published as they've done many years historically but they've also not given the 3 weeks time period to investors too. No rhyme nor reason as far as I can see and have asked the question, why hold AGM early but no response as yet.I believe accounts get published pre AGM and if last 4 years are guidance, it's going to be last week of June, probably the day before AGM but that's speculation. As I say, peeps are selling but why ? I think it's a knickers in a twist moment but each to their own. It does present an opportunity for those who want stock to add on the cheap knowing that H2 activity SHOULD be very material. Good or bad ? I believe it'll be our most lucrative period for some time :)
Posted at 15/5/2024 09:29 by xclusive2
It is odd that there isn't considerable volume today. Bid was weak last night as the buying dried up after the morning trade. We had a seller in the market pre the shallow sale announcement and the headline e number was not as high as many were hoping for. That said, it's a chunk of cash and they feel that operating a maturing field is not their forte, deep drilling isn't to date either but maybe that changes soon with the current wells ie 803/B8 and A5. If there's success at A5 for example, this gets very silly indeed.It's a good find by Adrianz re A5 flow test. I still find that odd that they haven't announced it as it's material yet nobody is buying the fact that it's actually happening, they've obviously milled out the stuck pipe and cleared blockage as why test ? History has shown us that there are always problems so maybe investors are sitting tight until other news hits eg CE cash or B8 licence ?There is so much on the go currently that should trigger another bullish run and I do find it very odd that investors aren't buying it. If A5 and 802 flow, then the share price will go mad.They say they don't have the skills to manage a maturing shallow field, the deeps are obviously more difficult so that's probably not their bag either, especially as there'll be huge infrastructure costs if they take it into production. The likely out one is BNG sale in entirety, if so, the value depends on the reserves assessment and if any of the NY or A blocks well flow, GCline will be in to prepare a long overdue CPR.If that were truly the plan, then maybe B8 will be in the mix too as that could be linked to the BNG structure running all the way to the elephants in the west !!Huge upside from here and at some point the penny drops but as always, they need deep success which to date has alluded them and that's why many are probably holding tight, waiting for some more positive news and buying pre the herd entrance :)

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