We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Caspian Sunrise Plc | CASP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.05 | -1.69% | 2.90 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.90 | 2.90 | 2.90 | 2.90 | 2.95 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 28/2/2025 08:38 by the new norm PenrithYour argument is based on the premise that they will take the Company private because it gives the major shareholders more freedom The concert party agreement provides that freedom to the major shareholders and all the benefits of being invested in a listed vehicle On a personal front why would some one who claims to have £78k invested here make such a strong case for taking company private when that outcome would make your investment illiquid and of limited value. I question your motives for posting these repetitive 'private' posts and can only conclude they are designed to deter new investors and unsettle existing holders. |
Posted at 24/2/2025 13:48 by xclusive2 As per Clive's statement, he will be updating on several matters not just the AR deal. We're all in the dark and next update could be good, bad or indifferent. I'd have thought that the AR deal would've closed by now, especially as our Clive stated it was imminent. We have 3 options, dead, delay or renegotiate. If it doesn't complete by this Friday which is very likely, all investors need to have total transparency as to why. Block 8 news ? is that progress on the 2 old wells or licence or acquisition process ? Other licence upgrade position ? CE charter opportunityMining acquisition ?Licence approvals are key as without them, all BNG deep wells are in stall mode. We can take a positive from the fact that they have always received approvals and the latest approval on WS acquisition demonstrates that they get done but at a snails pace. |
Posted at 14/2/2025 13:39 by the new norm Jo yes indeedI'd be surprised to see price breaking out to the upside without a positive RNS statement Too many false dawns unfortunately, most investors will be reluctant to add at >3.2p Usual retrace coming later this afternoon unless Clive springs an intra day update on us ;-) |
Posted at 06/2/2025 12:07 by the new norm Wide spread to deter potential new investors?MMs have you no shame ;-) 2.86 v 3.196 |
Posted at 28/1/2025 11:35 by the new norm Radio silence is frustrating, I knowBut at current shallow production levels the business is throwing off monthly £1.5m positive cashflow That figure ignores what they are earning from oil trading and interest on the £20m + sitting in the bank account Still would argue that shares should have been suspended at 4p in September 24 The sale of the Shallows and the licence/s renewal were always going to drag on for months It would have been the honest thing for Clive to do and save the poor LTH pis much unwanted paranoia as they watch the share price drop on very low volume sales by investors who have just given up on the 'dream' Still see this multi bagging from current levels before end of H1 25 |
Posted at 22/1/2025 11:29 by xclusive2 O/tGood to see PANR moving in the right direction. 3 bags since the bottom and looking good for long suffering investors who were in at much higher levels. Traders have made a killing ! :) |
Posted at 05/1/2025 17:13 by xclusive2 They've stated NO to returning to a dividend structure BUT special Divis are likely, especially if they sell assets. Currently the m/cap is c £68m and the question 'what are our assets worth ?'Hopefully all investors have read the latest Zeus broker report. 10.9p fair current value and 73.6p with upside. No value attributed to B8 or West Shalva yet we are priced in the doldrums at 3p. The current FV estimate is a 260% hike from current share price but nobody is buying it. They have found oil at all deep structures but are yet to flow them commercially. 803 at NY is the latest to flow at 500bopd with further testing due on receipt of licence approval and if commercial, will immediately improve the NAV. It would be a massive boost for investor confidence as suddenly the monkey has lost its foothold. A5 side-track, B8 testing next and there would be considerable hype/expectation that other drilled structures are going to prove commercial.The company have completed reserves estimates for Airshagyl but not for NY structure but have applied for production licences. The reserves estimate was a requirement for NY block but it hasn't be published ? The production licences will incur a cost so are they playing a game with the Kaz authorities hence the stalling of testing at 803 ? They have the extended appraisal licence agreed for up to 12 months so why not crack on ? They have been clever with their approach to licence applications as it enables them to sell them individually if required. They've stated that structures with production licences are like RH droppings so there should be considerable value when sold, that value will be dictated following the testing on NY block and remedial work on Airshagyl but I believe that both assets will be sold in the not to distant future. B8 Akkaduk structure to be tested as soon as licence approved and if successful, they'll keep that asset and hopefully WS structure proves to be successful this quarter. If they generate cash chunks from asset sales, they'll pay special Divis as they've already set up the tax structures to benefit from large windfall payments.As stated, how can the company be valued at 3p when they have so many assets that if sold separately will generate multiples of current share price The PIs dictate the price and currently, many are jaded and fed up with the current situation but it will take very little to break this out with gusto. Good news will strengthen the NAV and bring in new investors looking for the next good thing and it could be Caspian.I remain hopeful of achieving that multi-bagging return, hopefully 2025 is finally the year we start to see the successes we've waited a long time for.Wishing for a happy, healthy and prosperous NY for all Caspers :) |
Posted at 09/12/2024 10:08 by bluemango Consider an imaginary investor. Let's give him a name, call him 'incredulous'. He fancies making a quick, easy, gain and buys this little oil tiddler he's heard about.Fast forward a few years maybe, Christmas is fast approaching, he needs to buy pressies but his oil tiddler is disappointing him and hasn't yet given the gains he needed. Basically he's given up. If that was you or I, perhaps we'd then want to exit, ideally on the back of new investors seeing the lowly price compared to asset value, reading this thread & liking the story, and buying in, pushing the price up a bit to make his exit less painful. But what does our incredulous do? He decides to trash the stock, post doom & gloom, says it certainly can't go above a certain price next year (how does he know?) and generally does his best to put off any potential new investors looking in to this thread to gauge current sentiment. P.S. For any potential new investors looking in, whatever you're wondering, the answer is, genuinely; nobody knows. |
Posted at 22/11/2024 07:58 by xclusive2 Posted on LSE last night. Distraction from sore arze syndrome :)Great to see SPA signed and completion deadline on 31/12 and dependent on debt financing being agreed, Kaz regulatory approvals and no material adverse changes to the business. If deal not completed by 31/12, a new long stop date to be agreed. I still believe Caspian will benefit from existing production from MJF until deal completes and current revenues should be c $1.8m per month which you could add to the deal value, especially as costs, labour, drilling etc would have decreased considerably as no more drilling on the MJF/SY block, only the 815 acid test as well has been completed.They also have the $14m in the bank earning c $200k pm. The $ has strengthened over 10% against the Tenge and as we know, they pay all costs in the local currency. Add in the recent payment for the first Caspian Explorer charter, c $6-7m, they're in a good place financially.Addition |
Posted at 23/7/2024 09:06 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 :) |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
