Caspian Sunrise Share Discussion Threads

[maxim1999] 02/6/2020 19:50

Oil at $39.47 !!!!!!!

[xclusive2] 02/6/2020 14:23

There ya go again K, that's Hallow's job. Probably won't get Finals until next week or week after when they have latest production numbers and you're a better man than me if you can tell me what they truly are.

[konil] 02/6/2020 13:48

hallow, did you forget 4/. a5 status

[hallow] 02/6/2020 12:42

The New Norm Tim Field is at Caspian to handle the takeover negotiations.

[the new norm] 02/6/2020 11:52

Yes Hallow what is the point of TF Line from an old Dire Straits song springs to mind! "That ain't working, that's the way to do it, money for nothing and the chicks for free" "Maybe get a blister on your little finger, maybe get a blister on your thumb" "That ain't working, blame it on CVD!"

[hallow] 02/6/2020 10:07

Tim Field Timothy Field Non-Executive Director Tim is a corporate lawyer specialising in securities law and corporate governance. He is a consultant to Mischon de Reya which he joined from the City office of Addleshaw Goddard where he led the equity capital markets practice. His role prior to that was as Middle East Regional Head and Head of the Corporate and Commercial practice of Simmons & Simmons. Tim has a long and significant track record of advising AIM companies and Nominated Advisers. Tim was appointed a Non-Executive Director of Caspian Sunrise in January 2019.

[hallow] 02/6/2020 10:06

Get on with it Clive Here is the prompt you seem to need 1/. How much oil are you sitting on 2/. What is the high price per share takeover you are demanding. 3/. What is Tim Field doing at your office apart from staring out of the window looking at the traffic passing by.

[xclusive2] 01/6/2020 21:30

Oil edging closer to $40. https://polaris.brighterir.com/public/caspian_sunrise/news/rns/story/x8j9gpw 2018 final results above and i'm interested to see the 2019 comparison. They were bullish re the deep prospects, making the 58km2 statement and feeling positive re A5,A6 and A8. They have made progress on the deeps ie finding oil from all deep drill campaigns but as we all know, finding it and flowing it has proved difficult, i believe that's an understatement. A5 was the first success back in 2014 ! the other wells are appraisals so it's just a case of using the right techniques to commercialise wells drilled to date. The issues as we all know are the weight of the barite mud, so overbalanced drilling to deal with the heat and pressure and associated blow out risks. Many companies fail to find oil, that isn't the case with Caspian, their challenge is the heavy mud and subsequent blockages experienced over last 6 years. The oil is there, the big question, what needs to change to convert current wells and what new techniques can be used to ensure new wells at $10m a pop are successful. They've moved MJF forward, not to the published plan but the field looks capable of delivering 6-8kbopd pm, that in itself makes a mockery of current share price They finalised the export licence so revenues will go up and the oil price imo will return to 2019 average levels by year end. Worth a punt @ £70m m/cap when the MJF field is worth 3 times that, probably more. Clive, you changed the company name to Caspian SunRISE in Mar 2017. You published an IP that i have tucked away in my drawer that i review once in a while and as we all know, the expectation v delivery is laughable. Time to stop dumping assets into the Caspian shell, the tax maneuvering etc and deliver the operation results on the deeps. You're a listed company that's being going for 13 years now and the m/cap is no different from the IPO, the major difference being the share dilution x10 and the s price depreciation by the same amount from 38p to 3.8p ! I think it's time to do what you're paid to do and that's to increase shareholder value, that's what i invested in back in 2007 and not this financial management for the select few and the Orazinan clan ! https://www.caspiansunrise.com/wp-content/uploads/2017/02/Admission-to-AIM.pdf

[hallow] 01/6/2020 19:58

1 DLAR De La Rue Plc 119.00 192.02% 78.25 4 De La Rue had an amazing day today.

[sparusty] 01/6/2020 18:21

British Bulls is notorious for being wrong most of the time. Somebody left the 'Hit of the end of their name. Come on Casper.

[hallow] 01/6/2020 17:08

British Bulls showing Caspian Sunrise as a buy CASP.LCASPIAN SUNRISE Last Signal:BUY Last Pattern:BULLISH HARAMI Last Close:4.0500Change:+0.3250Percent change+8.72%Signal UpdateOur system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed above the confirmation level which was at 3.8750, and our valid average buying price stands now at 3.9120. The previous SHORT signal was issued on 21/05/2020, 8 days ago, when the stock price was 4.0100. Since then CASP.L has fallen by -2.44%.

[xclusive2] 01/6/2020 16:26

I'd rather be calling you 20p+ , that would be the New New Norm. Oil prices will probably bumble along at this level for a month or so as the market gets to understand the true supply/demand equation.Good news please Clive.

[the new norm] 01/6/2020 13:16

Hey X2 you calling me 4.05p!! I've never been known to be that cheap! LOL

[xclusive2] 01/6/2020 11:32

I’m on the same page and the only thing that will stop it will be CV20 the sequel. China have locked down a province again but if we’re sensible, we’ll manage it but not sure about the States. We’re all waiting for the penny to drop with investors, good news will help considerably. Peeps are treating the current share price as the new norm, it isn’t and won’t be down here for much longer. As i type, oil crept over $38, doubled in a month ! Revenues will be improving for all oilers although that also means that supply will probably increase as certain operators, especially shale continue to cling on. Funny ole game supply and demand and would be good if oil stays down here for the next couple of months to curtail any over production.

[maxim1999] 01/6/2020 10:35

Just spoke to a commodity analyst. Global demand for crude will be driven by US motorists it seems who as lock down continues to ease will drive a lot more encouraged by low petrol prices. Her target was $62 year end.Who knows but that would send the earnings for CASP haywire.

[xclusive2] 01/6/2020 07:33

Expecting Finals this week but looking back to Roxi days, the accounts were generally announced in June, usually first or second week, as late as 4th week. Meanwhile oil price bearing $38 and our fundamentals v share price are out of sync, time for a re-rate methinks.

[dhb368] 31/5/2020 15:51

Caspian Explorer completion due this month or a new agreement to extend the date at least. We may also get a hint as to what they intend to use it for.

[rutter] 31/5/2020 10:30

Ant say I've ever seen a Casp RNS that doesn't contain some or other juicy morsel

[xclusive2] 30/5/2020 14:25

Yep Max, Brent on the way back to $40 regardless of OPEC only sticking to the cuts, only 74%. Still, supply will falter and demand increasing but I'm hoping it's not a squeeze north, I'd rather see a slower incline and back to $60 by year end.Oilers up on Monday, good time for some positive news.

[maxim1999] 30/5/2020 09:56

Don't worry they have a massively long list of excuses for every scenario that they can roll out.Locals must have been fly tipping their rubbish down A5 will be used to explain why we basically have the contents of skip lodged down it. This week could be interesting if the momentum from last week continues. Brent at $37.84 will provide a strong tail wind for the sector . I have FV at 16.2 p with oil at $40 . Nothing in there for the deeps

[rutter] 30/5/2020 09:30

No roads closed excuses on next On Monday, May 11, Kazakhstan's coronavirus-inspired state of emergency ended and government officials outlined their plan for the further peeling back of restrictions. The country had already begun easing some restrictions in late April, but the end of the state of emergency signals a new phase.

[evilblues] 29/5/2020 23:51

Most excellent post!! ;)

[hallow] 29/5/2020 20:30

For anyone using Caspian Sunrise as a vehicle for pension planning, this information should be of interest Standard lifetime allowance Tax year Amount 2020 to 2021 £1,073,100 2019 to 2020 £1,055,000 2018 to 2019 £1,030,000 2017 to 2018 £1,000,000 2016 to 2017 £1,000,000 2015 to 2016 £1,250,000 2014 to 2015 £1,250,000 2013 to 2014 £1,500,000 2012 to 2013 £1,500,000 2011 to 2012 £1,800,000

[konil] 29/5/2020 18:37

cheers, you too.

[xclusive2] 29/5/2020 18:12

I'm with you K, a clear and concise update, there goes Percy again.Have a good weekend.