Caspian Sunrise Share Discussion Threads

[dipla] 27/11/2017 11:33

1 million buys and share not moving,,,,

[togglebrush] 27/11/2017 11:29

DavidBlack an "intra family sale" is possible ... "you can have the shares for the price I paid for them" (and my under cover FX profit; you are already in a good trade profit). UK market certainly didn't move as would have been expected from such a sale.. It also lowers the public view of heavy directors holdings. Probable CGT benefit as per KO. But regrettably doesn't increase the true Free Float.

[davidblack] 27/11/2017 10:58

Or his “Sale” was to a family member and it just turns out that backdating the transaction two years is kind of handy. The truth is we will never know and frankly does anyone care.

What might be of interest is that these guys are relentlessly cleaning up their shareholdings. Something that was of little interest in the last five years as the company was going no where. So do these guys expect Caspian to come Good shortly? The share clean up certainly looks to be an interesting indicator of that.

[xclusive2] 27/11/2017 10:54

Bull,

You post on LSE board. The current selling isn't from the directors or any large players associated with them.

Onwards and upwards if you believe them.

[togglebrush] 27/11/2017 10:14

I have the downloaded ADVFN data file !!!

[xclusive2] 27/11/2017 10:07

Toggle,

See chart, price not a typo.

[xclusive2] 27/11/2017 10:06

Toggle,

Agreed re pricing and must have been @ end 2014 or early Q1 2015. Must have been a distressed sale or off market as this was pre the BOCO deal when share price shot to 18p ? All very odd.

[togglebrush] 27/11/2017 10:06

During NO March April period since he bought the shares would fit the 7.41 price which however equates to the buy price in 2013. I assume price is a Typo

[pre] 27/11/2017 10:03

On a positive note he holds less, so good from that perspective imo:-) looking forward to the news flow here.

[davidblack] 27/11/2017 10:03

Looks like he did a side deal or maybe gave someone an option and the transaction has come to light as part of the Baverstock unwind. Frankly irrelevant history two years on.

[xclusive2] 27/11/2017 10:00

Don't know but should have notified market regardless as it was a material event. I don't want to fuel negativity as we're on a positive run and i've got a shedload but i'm not happy about it as 'trust', especially of the FD or any officer of the company is very important.

[pre] 27/11/2017 09:58

Those sales took place over 2 years ago, so reflected in the current share price ..sold in April 2015 per latest rns.

[togglebrush] 27/11/2017 09:55

RE KS SALE
'
ADVFN total daily volume from 2 March 2015 to 30 April 2015 is 91,125,508
with an average OHLC price of 14.01
'
Assuming each trade was a discrete buy or sell then his roughly 30 million sale is two thirds of market ... the price looks wrong given in the RNS of 7.41p that is wrong by a long way !!! During that time share opened at 11.25 and closed 14.87 VERY ODD with such a large dump at the then much thinner Free Float.
'
During no March April period since he bought the shares would fit the 7.41 price which however equates to the buy price in 2013. I assume price is a Typo

[timberwolf3] 27/11/2017 09:49

Did Kairat Satylganov inform the company at the time or has he only just done so ?

[timberwolf3] 27/11/2017 09:26

Smarty - i agree, that stinks !

[togglebrush] 27/11/2017 09:25

KS sale is a roughly the same price that he bought in at early 2013. The only profit for CFO being the Foreign exchange rate which more than doubles his Tenge investment.

[hallow] 27/11/2017 09:21

On behalf of all the little creatures who gathered together in their millions to produce this oil I would like to say

Thanks Guys

[xclusive2] 27/11/2017 09:20

Toggleb.

Not happy with that ! At the time, that was pre merger and over 3% of the total shares in circulation ! Why wasn't it disclosed ?

Smarty

[xclusive2] 27/11/2017 09:05

Much that start of the flow test is not hugely material in share price terms, it's significant to boost investor confidence. I bet many were expecting to see issues to cause a delay as history has demonstrated but now we're underway. An independant flow test with 'periodic' updates. I'd be happy with one at 30/60 and 90 days but i suspect there could be more to keep interest going and to help absorb any Kaz selling, if they are actually the sellers.

The first positive update from A5 to confirm healthy flow rate after initial clean up '@ 4000bopd' will open the flood gates as it will be a big tick in the 'credibility' box.

I'm not expecting success at 801 as i believe it'll be a sidetrack but believe that they could sort A6 if they're correct with their assessment. If A5 flows unaided then natutrally A6 will as part of the same structure as will A8 if their seismic interpretation is correct. They stepped out 8km to drill 801 as they thought it was part of the Airshagyl structure, it isn't but on one hand not good news but on the other hand, another discovery. I'm hoping that the whole acreage is full of large reservoirs and wherever they drill they'll get lucky. They could infill the whole territory, and at different deptths, that would be nice.

Not going to be starved of operational news and could be receiving weekly updates with the current work schedule.

A5 - 90 day flow test but i suspect we'll get more than 3 updates through the process, maybe fortnightly ?
A6 & 801 - Working on both to see if they can get them to flow before having to sidetrack as per A5.
Yelemes 808 - At total deptth - well watered out but suspecting leak in casing, next action to assess & repair, when ?
145 - Confirmation of recent flow rates
146 - The same
A8 - Spud


2018
Yelemes 54 - possible horizontal drilling
802 spud
9 infill wells on MJF structure
Airshagyl structure - continued appraisal wells to delineate structure

Other Q's
- How to transport all the oil ? railway ? funding ?
- Purchasing more acreage ?
- Disclosure announcements - new institutional investors ?
- Director buys ? - was that a pig flying past my window ?

Not going to be boring. Onwards and upwards, tick, tock.


Smarty

[togglebrush] 27/11/2017 09:04

Buyers of 29 million (29,745,958) KS shares at 7.41p in April May are now sitting or have SOLD at a nice profit !!!
'
A significant dump which with small Free Float changes things somewhat. Possible larger Free Float ???

[bullinachinashop3] 27/11/2017 08:51

Second rns

[cheol9812] 27/11/2017 08:04

Caspian limestone : Porosity varies between 10-26% and permeability from 3 to 20 mD.

[togglebrush] 27/11/2017 07:10

RNS extract
'
Deep Well A5
Caspian Sunrise is pleased to announce that the independent 90-day flow test at Deep Well A5 commenced over the weekend.

[xclusive2] 25/11/2017 10:31

We all know the likely operational news flow over coming days, weeks and months which will keep punters interested but I'd like to see -;- Director buys, our CC particularly- New options issued or existing that have expired to be reset at 50p+ - Holdings disclosure showing 1 or more players in the game.Was planning to buy a new car this month but maybe the money is better spent here on a trading exercise through Q1 ?Next stop through 12, 15 and 18 before completing a luverly long bottomed cuppa when we go through 25p. 2018 - 3 bags for those invested from 6p ish and 10bags plus for those who are a little more patient and even more for those who see it to the end game.All dependant on results and A5 is the starter for 10.

[bullinachinashop3] 24/11/2017 16:46

flurry of buys at the end, A5 news monday maybe? good weekend all..