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
  +0.00p +0.00% 7.00p 6.75p 7.25p 7.00p 7.00p 7.00p 108,153 07:51:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.3 -3.4 -0.3 - 65.62

Caspian Sunrise Share Discussion Threads

Showing 1276 to 1299 of 1300 messages
Chat Pages: 52  51  50  49  48  47  46  45  44  43  42  41  Older
DateSubjectAuthorDiscuss
15/8/2017
17:09
Control1, until the conclusion of the EWT you cannot say it doesn't need fracking. Remember how fractured reservoirs work, initial output comes from the fractures which gives it better natural permeability so the initial flow could be excellent. Longer term it reverts to the matrix permeability which in this case could be very low or none existent. Thats why you often get the bathtub effect, with great initial production which after a few months falls over a cliff to a trickle for an extended period of time. Thus until an EWT proves that the natural fractures are extremely extensive by giving a good longer term flow rate / low pressure depletion all bets are off. I've seen this many times and trust me most fail with an EWT. In the meantime existing equity will be tapped for more money. If the EWT fails existing equity is effectively dead.
ngms27
15/8/2017
15:22
Too late for TW, unless he has bottomless pockets he will have likely been crushed by the margin call and taken a big hit, silly boy thought it was easy money... As for fracking, it doesn't need it as it is naturally hugely fractured already, now pumping maybe but what is unconventional about that...?
control1
15/8/2017
12:08
UKOG, my thoughts exactly but would be nice to see a winner !
xclusive2
15/8/2017
10:03
If the Kimmeridge fails on the EWT then TW is laughing all the way to the bank. My own thoughts are he's likely right given the unconventional nature of the play and without fracking.
ngms27
15/8/2017
08:26
Smarty, I suspect that TW will be on bread and water for some time to come having bet against UKOG all the way up from the bottom. Hope you picked up some CPX on the machinery issue retrace to 7p, the first of many orders has just arrived...
control1
14/8/2017
08:23
Hallow, I'm afraid that 'patience' is going to be needed. My guess is that next news will be 145 result and maybe an update on A6 after hydraulic fracturing. Going to take a while to complete A5 sidetrack and my guess is end of Sept earliest and nothing happening at 801. Et al, I'm hoping that my conspiracy theory holds up ie that they are dragging things out as selling oil from the deeps at $48 is far better than $16 and why waste cash if you don't need to ? BUT, this contradicts our Mr C's commentary that deeps will flow by end Q2, maybe he did mean 2018 !! I can't believe a company can be so consistently unlucky on the deep targets and mysteriously they'll all come good at some juncture, nearer the production licence award. Jonny T, I believe that they'll get a renewal to the explore the deeps, that's not the issue, the key issue will be funding future exploration. Back to sleep.
xclusive2
12/8/2017
17:19
29/03/2017 ‘We’re sitting on something pretty special’ – Caspian Sunrise chairman Clive Carver Months now gone by 1/. April 2/. May 3/. June 4/. July and with no further comment from Clive Carver.
hallow
11/8/2017
10:40
You gotta love the volatility in UKOG and a traders dream if you have the time and knowledge. 5 bagged from 2p and then 40% swings, not for the feint hearted !300k late reported buy last night so somebody interested, probably Tommy's July bonus.Tick, tock .
xclusive2
10/8/2017
13:25
Here's hoping. They can have my shares over 50 p.
maxim1999
10/8/2017
13:14
Maxim,Unlikely as the share price will move sharply on low volume and only stake building ie 3% (51m shares) will come from the existing shareholders. Trying to build that in open trading, we'd be at 30p ?
xclusive2
10/8/2017
10:47
Is there enough free float to permit an institution to build a position and more importantly to trade out? My guess is liquidity is so poor that unless it improves this will remain the domain of PI's to drive the price up when the good news comes.
maxim1999
10/8/2017
10:37
Rich Kazaks who have spent millions with little return ? I think we both know the likely outcome. If they're unsuccessful with the deeps then dilution is coming as they can't raise enough from the shallows. All to play for.
xclusive2
10/8/2017
09:38
Never say never but palms would have to be well greased no doubt.
ngms27
10/8/2017
09:05
That's my understanding BUT I believe that will be negotiable especially if they continue the shallow success. Depends on how connected our Kazakh owners are.
xclusive2
10/8/2017
09:02
As I understand it the exploration phase has to end in June 18 and the acreage handed back other than the ring fenced development areas.
ngms27
10/8/2017
08:45
Our Tommy has probably taken a position but it's also a double edged sword. He's put his stake in the ground re the m/cap justification statement, saying we're currently overvalued, downside risk and shorting opportunity if all goes wrong. His followers will trade it up or down, news will be the defining factor not TW's followers.Our Clive probably had a quiet word with the objective of getting share price up to maybe raise some short term cash ? I see the worst case as this being a successful self funded shallow play and no downside as they have no cash flow issues and wells have a 1 year ROI.I'd like to know what happens in June 18 re licence extension for exploration should they want to continue ?
xclusive2
09/8/2017
23:02
timber, yes, i fear so. but at least if we can hang in there it should eventually come back to reasonable sp, once the shallow revenues (assuming deeps dead) are not only visible but in the ledger so to speak. 7p is ridiculous but speaks to your point about market sentiment. if whi reckon 23p is target price, then maybe we will move towards that. imo 23p is a cop out - i doubt the company is worth £400m currently but if a deep comes in it could be a lot more than that - so perhaps 15p now and...well, pick a number if 1 or more deeps come in...if 2 deeps come in for example i can see a 3 figure share price in good time. i'm jumping too far ahead...let's see if they can bring 1 deep in!
konil
09/8/2017
18:57
But konil as we all know, be it right or wrong the market will kick us in the nuts again if the deeps don't flow.
timberwolf3
09/8/2017
18:41
so smarty, on numbers alone, there is no downside - only flatlining or upside. got to be worth a punt in anybody's currency.
konil
09/8/2017
18:00
TW's post is factually incorrect and the company's valuation is more than 120m from the shallows alone and the new CPR will increase reserves at MJF structure providing 145 and 146 come in.Gamble ? Don't see it as that anymore and the deep wells aren't 15m anymore due to Tenge devaluation and lower drilling costs.Will it increase sp, probably.
xclusive2
09/8/2017
17:35
wonder if there will be a small surge of buying tomorrow due to tw note. doubt it because the history of non-delivery on deeps must be well known, but one never knows what new interest may spring up. even if there is it will soon die away. only a deep success will see sustained buying. i'm guessing there isn't a blockbuster "we've succeeded in getting a deep to flow" rns in the immediate future, else they'd have held the press on the latest rns. bwdik.
konil
09/8/2017
15:12
Thanks toon.
timberwolf3
09/8/2017
08:51
WHI value shallows at 23p and we're at 7p. If they get 145/146 to flow as per 144, c3300 and a new CPR means that the downside risk has gone. One deep transforms this play and it's not as if they have to re-drill 3 wells. 10 months to go and I'd feel a lot happier if they got another rig for 801 and ran in tandem with other operations on A5 & 6. The fact that they're not trying to remove it must mean that it's the least priority so I'd say A5 and A6 are the expected producers.Worth a punt.
xclusive2
09/8/2017
08:38
Yep, our Carver does have a large excuse library. At least he took some counsel and updated on 801. Keeping all the plates spinning and at least we know that the end game is coming next year. As per my post yesterday, can they get an extension ? quite possibly, especially if they get one to flow. Believe MXP gained licence extension on more that one occasion.
xclusive2
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