Share Name Share Symbol Market Type Share ISIN Share Description
Caspian Sunrise LSE:CASP London Ordinary Share GB00B1W0VW36 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.03p +0.32% 9.50p 9.30p 9.70p 9.50p 9.37p 9.47p 307,310 15:39:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.3 -3.4 -0.3 - 89.06

Caspian Sunrise Share Discussion Threads

Showing 3526 to 3547 of 3550 messages
Chat Pages: 142  141  140  139  138  137  136  135  134  133  132  131  Older
DateSubjectAuthorDiscuss
24/2/2018
21:08
david, phew! there seems to be someone as paranoid, or at least as cynical as me and you've only been here a nanosecond, not years like me. its not a dig, just good to know i'm not alone. p.s. toggle, your points re. culture and ko input are well made, and i'm hoping that is exactly what saves the day.
konil
24/2/2018
19:50
TB so you think we will get international prices from June? I think you might want to reread the RNS from October 2017. It actually says they may apply to have the licences changed from Domestic to International pricing from June 2018. So when does that get approved? Well with a shortage of local diesel sweet crudes with low sulfur content like Caspian’s are much in demand as they can be quickly processed as against the sour oil from Tengiz. The process of getting that permit may take a while as they are desperate for light fuels driven by lack of refinery capacity. So putting through more of the easily processed crudes like BNG does increase the overall output of useable fuel when you have capacity issues which the Kazah’s have at their four ageing refineries. Also maintaince is apparently easier this reducing downtime outages. So processing that paperwork may not be so quick on the 1st of June. The RNS was actually a very nice slight of hand. Oh and the clock only starts once Caspian choose to make the application. No where in the release does it say they will at the earliest opportunity.
davidblack
24/2/2018
13:04
So we have had 2 weeks of good weather to try and clear A5. Once they would have cleared it , then it would a take a couple of days for the testing company to set up and take over the process. Then maybe let it flow for a few days in to the 90 day test and make sure the test was running satisfactorily before announcing. Assume the clearing phase does not take too long then we could hear some news this week. If we dont hear this week then we can assume they have had problems.
maxim1999
24/2/2018
11:38
TB,I've seen the development of the company over the last few years and to be fair, they've done it responsibly with little dilution until this latest act with 3ABest. It would've been better received IF they'd have prepared the investor base with clear communication. This maybe a great acquisition but unfortunately it's seen as a 'sweetheart deal' for the largest investor (family). To change strategy within weeks of a corporate presentation and not to communicate this change effectively will always send the wrong message to the PI community. Good leaders communicate a clear strategy and direction, the latest act does not demonstrate that.We can all see the opportunity here but changing direction without preparing the investor base will send the wrong message. No way will they attract institutional investment if they behave like this.Next few weeks will say a lot about this company ant is future.
xclusive2
24/2/2018
10:34
BNG is in the land of Scheherazade and the Arabian Nights. Modern era management methods barely stretch beyond this century in Kazakhstan. The Astana Stock Exchange in the new capital is extremely modern building but is yet to deal in shares. Almaty Stock Exchange, old capital and company office, has only a small range of stocks. ' To drive from Almaty to BNG takes over two days of solid driving into a salt marsh landscape where nearest village is 25 miles away. Satellite photographs show a barren feature less landscape. People are thin on the ground but we have had reports of viewing oil flowing and at end of last year reports of many tankers transporting oil from BNG. ' Roxi was founded in London to find funds for exploration in this remote but resource rich area. When financial crisis hit it was local money which continued to develop the exploration and development of the company. KO supplied and raised the capital from colleagues. He operates in the traditional Kazak founder, owner, operator management style (a sort of one man band). CC is a Patsy but a link to company western origins. ' Caspian Sunrise has grown from a hand to mouth company into a potential profitable oil company in quick order over the past six months. It is having growing pains adjusting to its new cash flow style and responsibilities. ' There is much to come in the next few months; Financial report is due (last year 15 May); 90 flow test and CPR are also due; Licence renewal and International oil prices are due from June. After a long period of keenness and enthusiastic effort in developing the company it would be careless to, out of hand, condemn KO before the afore mentioned. Events, under outside pressure, should begin to happen soon.
togglebrush
23/2/2018
16:53
No their presentation was excellent, just none of it was true as it turned out. What has occured is the Directors have directly mislead the shareholders and now are about to dilute the shareholders by vending in an "Asset" which appears to be something that has no clear benefit but comes with substantial liabilities. Exactly what they said they were not going to do in November. So demonstrably their word is worth nothing. As to their supposed oil I take that with a large pinch of salt. Do remember they have three successful deep wells all of which produce nothing after many years of "Success."
davidblack
23/2/2018
11:49
K,What goes around, comes around.
xclusive2
23/2/2018
11:46
No we don’t know anything other than they said A5 had flowed. But what does that mean? Oil, water, gas or just the drilling fluids? What they also said that 90 day testing was imminent, then they had issues and then the testing wasn’t really testing it was prior to testing, then no testing. And since then the weather which they were going to work through all winter stopped things or was that the Gregorian Christmas, the Julian Christmas or Kazakh national holidays? Which ever holiday it was they spun that excuse into two months of inaction. What we do actually know is they say a lot and achieve nothing, other than questionable deals with themselves with that excellent independent director Clive Carver reviewing the fairness of those deals! S no wonder their Nomad is WH Ireland oh and do remember Clive Carver is an ex Hoodless Brennan broker.
davidblack
23/2/2018
11:33
DB,You know as much as me and probably more after attending last 2 investor presentations. A5 ? The oil is flowing, question is, are the crew competent enough to complete the job. Not long to find out, more probs or success.
xclusive2
23/2/2018
11:29
david, until the shenanigans of the last few months the management seemed to be playing with a straight bat, for example the baver merger was done on a mostly fair basis for all concerned. they also were employing a sensible low dilution strategy for many years which although slowed ops progress due to cash constraints at least it meant investors didn't suffer dilution and company had no significant debt. yes, the failure to convert the 3 deeps into commercial wells is frustrating but that is part of the oil game i guess...still hoping they come through. but the last few months have raised a lot of questions about management's motives and future strategy, as listed in smarty's post 3535. (btw they did 2 beauty parades last year, with no follow through with ops success on the ground. i suspect both failed if intent was to bring in insti investors, as we haven't heard of any major new holders.) i hope that as we're all so much in the dark, we're just reading it wrong. my gut tells me something has changed, i'm hoping its neutral for pi's and not another shafting. also hope they deliver some operational success soon and share price responds accordingly. smarty, if they are playing underhand games then surely cc wont be worried about working again, he will be well rewarded for his part.
konil
23/2/2018
11:09
Clive is simply a front for the real players in Kazakhstan. With little reputation left to loose re Caspian which has not been a success in any of its manifestations. I am sure he is happy to take his large salary cheque and in exchange take all the flack. So you think A5 is going to happen in 2018? What happened to its delivery last year?
davidblack
23/2/2018
10:45
DB,If there's no positive follow through on the expectations set, our Clive will be looking for other employment and it won't be in the UK !Sentiment will change rapidly on A5 success. Flaring and 3800bopd, looking forward to the news !
xclusive2
23/2/2018
09:43
Lies and questionable deals are the only thing they achieved in the last three months. Why would anything change? This company is simply a directors toy.
davidblack
22/2/2018
16:03
fatcat, spot on.
konil
22/2/2018
12:23
The only flags getting raised here are red flags the corporate governance stinks and what has occurred her over the last four or so months I have found very unsettling and I suspect other potential investor may feel very uneasy about committing further investment here, I know I do. I might add we should be in a stage here where "sitting on something very special" and the operational progress communicated to us vi RNS and Clive Casp roadshow during the latter part of 2017 should have considerably derisked investment here. However the reality is it actually feels that risk has considerably increased to don't touch with a barge pole levels. Fingers crossed the story here comes good for us all. Edit, but I have my doubts.
captainfatcat
22/2/2018
11:00
I have re read most the operational updates since november. I do not understand why so much has been promised as far as news due and apart from telling us that cold weather has hampered progress nothing has come out. Secondly I know this short term is a binary out come on A5 but does not fully explain the utter collapse in volume. Finally I am not sure what can be read from the chart in a news led stock but it is clear for 3 months we are are now in a flag re iterating the point a big move is due soon. Out of boredom I predict if A5 is binary and the news is clear we will either trade under 7p and crawl back up on the hope of other news, or we hit 16p briefly and trade down of decent profit taking. Now if the news is fab and this becomes a deep play story on A5 then we can go moon bound. Anyway back to mindless waiting game......
maxim1999
22/2/2018
10:35
i dont know! i really dont , i sort of made my decision at the investor evening last autumn when david black showed up to stick with it. I wanted to go along and see the whites of their eyes as it were, KO had a lovely suit on, CC was himself, couple of analysts there, I was sitting in front of the girl and bloke from Panmure Gordon I think. I noticed they started covering this after the meeting. Good points were the vid of A5 flaring, the promised flows , etc. But recently I have been spooked slightly by the ongoing share shuffling and take over, and the unexplained fall in shallow production, and the lack of any progress with the deeps. Like you I am hopeful but becoming concerned. Too much Jam tomorrow. Look at UKOG, happens all the time.
bullinachinashop3
22/2/2018
10:29
bull, my gut is telling me it can't be anything good, been strung out too long...too much like a shaggy dog story with nothing at the end...fearing the worst...hoping for something better...surely they can't mess all of it up...can they?
konil
22/2/2018
09:22
wonder whats going on in Kazakhstan! who knows anymore...3 buses.
bullinachinashop3
21/2/2018
20:38
Ast, not a chance, burnt fingers and all that !
xclusive2
21/2/2018
20:37
Spangle,....lol. Hope life is treating you well. Your timing is impeccable, just in time for dinner, hopefully fillet steak and a bottle of Petrus to help it down (-:
xclusive2
21/2/2018
17:44
Hello smarty - haven't looked in on this company since the name change, though I'm still a holder. Are you still in AST too? I really do believe that this comes good for all invested here Great to see you haven't lost your optimism or your sense of humour ;-) Am I going to see 12p again?
spangle93
Chat Pages: 142  141  140  139  138  137  136  135  134  133  132  131  Older
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