Caspian Sunrise Share Discussion Threads

[konil] 06/12/2017 10:00

harrissen, recently i've been having many of those perhaps as many as the shares in issue, but i forget now!

bull, $4m? $156bn? $216tn? eventually someone will find a pin...

[bullinachinashop3] 06/12/2017 09:02

meanwhile, a single bitcoin is now $12500! any predictions where it is going to end up?

[harrissen] 06/12/2017 06:51

konil
5 Dec '17 - 17:49 - 2782 of 2783 0 0

shares in issue = 1,669,673,820

..................


Yes konil correct, I said there was less than 1B, must have been one of my senior moments!

[konil] 05/12/2017 17:49

shares in issue = 1,669,673,820

[bullinachinashop3] 05/12/2017 15:30

change of trend i think db, hxxp://www.candlestickforum.com/PPF/Parameters/12_221_/candlestick.asp

[davidblack] 05/12/2017 15:25

Interesting, the stock price is hardening just a tad. Actually up on the bid.

[harrissen] 05/12/2017 14:41

Some seem to think a 200k sell is a big seller at work. I bought 150k this morning at sub 11p and I would not call myself a big operator. The odd sells is all about the family shareout of the owners stock being divided and re-divided among his relations. If there is a distressed seller it would need to be a major one to make an impact on the near 1b shares in issue here.
Anyway, there will always be sellers large and small we wouldn't have a market otherwise. A seller with insider info that the company is going to fail is the only one to fear and there is no sign of that so far.

[davidblack] 05/12/2017 14:37

Sadly the market is just a bit bored with small oil and resource stocks, that is temporary and will change. Listened to an interview with Rick Rule the chairman of Sprott USA who commented that the TSXV was down by 83% and that bear markets create bull ones. So I am penciling 65p when the worm turns! As to when? well if anyone knew the price would be a multiple of this.

[xclusive2] 05/12/2017 14:01

6 months time ? Where's that come from ? 6 months time = fund raiser decision as communicated.The only peeps that should be worried about share price are those that are leveraged, that's not my problem. Large seller (s) ? Are you blind ! What was the 50m off market trade ? The share price should be way higher today but a great opp to pick up at any level as it'll go south but everyone likes a bargain (-:

[harrissen] 05/12/2017 13:45

This is the last update RNS - where does it say next relevant news will be in six months time? It says the opposite in fact - updates every month most likely it says

Also the 90 day test will end by late February so why spread doom and gloom by making spurious statements without any basis in fact?


RNS Number : 5291X

Caspian Sunrise plc

27 November 2017

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

BNG Operational Update

Introduction

Caspian Sunrise the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of progress its Deep Well A5 at its flagship BNG Contract Area.

Background

Caspian Sunrise has a 99% interest in the BNG Contract Area, which is located in the west of Kazakhstan, 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast.

Deep Well A5

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

We plan to make regular updates announcements as the test progresses.

Clive Carver, Executive Chairman, Caspian Sunrise comments:

"We look forward to providing the market with periodic updates from the independent assessment now started at Deep Well A5"

[harrissen] 05/12/2017 13:32

If there is a big seller where are his sells?
Some folk here want to keep the price down for personal reasons maybe to stop the rise till they release funds from another investment they are waiting for profits from?
Talking about six months time gives the game away imo. Who would forecast six months time for relevant news unless it was in their own interest to do so?

[maxim1999] 05/12/2017 10:04

Don't understand why if you know who the seller you organise a beauty parade? I don't think the seller is a local . I don't understand why the selling is just hitting bids on the screen. Is it not better to find buyers and just cross it.? That tells me they are a legacy holder from an old stock for cash deal in the early days when the co was needing funding

[xclusive2] 05/12/2017 08:50

Tight spread at 10.52-10.7p.Our dumpers know that there is limited buying interest and they'll have to take less. Was expecting a disclosure announcement and still believe somebody is accumulating and will disclose when done.Much that I want to see this make £1+ I'm still cynical of our Carverspeak and I won't be happy til the fat one sings 'A5 a gusher at 3500bopd'. I also suspect that they know who the seller is hence the beauty parade.Next 3 months will be defining for all of us and hopefully this AIM stock will make many old and new holders millionaires. Possible, probable and to be proven over next couple of years.

[cheol9812] 05/12/2017 08:27

Drilling fluid + oil (3500bopd) + other =How much is the total?
The amount of oil produced increases greatly. When the fluid with high viscosity is removed.

[xclusive2] 05/12/2017 07:50

Hallow,That is the big question.If you read some of the info on reservoir dynamics you'll get a better understanding of the situation if you don't know already.The diagenesis of the rock formation is critical ie porosity and permeability. The alleged 'average' recoverability of a carbonate reservoir is c 35%, far less than sandstone but depends on the structure obviously.Porosity and permeability are key and I suspect that the issues that Casper have been experiencing ie heavy mud loss, water ingresse, stuck pipes have been down to fractures in the rock but that's my interpretation from my research. It's not an exact science and I'm hoping that the we get lucky with regards to the reservoir dynamics.Enough Geology for one day (-:

[hallow] 04/12/2017 17:21

exclusive2

Sorry you are right




An audit of the Shaikan oilfield published in March 2014 appeared to show that dramatically less oil could be recovered than had been previously advised and expected. The audit implied a recovery of only 12% of the oil in the Shaikan reservoir and indicated that Shaikan contained just 9.215 billion barrels





How much does A5 hold, that's the big question.

[xclusive2] 04/12/2017 15:53

Hallow,

Much that i'd love that, i doubt if our A5 is more than 75mb P2 and not billions of barrels but very happy to be proved wrong.

Share price is going to sink in the absence of our recent larger buyer and i can't blame them for sitting back and taking advantage of a lower price. Off market was @ 10.5p so probably the bottom but it could go lower, fill yer boots if it does. Not talking it down, just a fact and an opportunity for some.

[hallow] 04/12/2017 12:41

I hope we get the same share price spike here with CASP, as Gulf Keystone got in early 2012 when they declared their oil discovery.

[xclusive2] 04/12/2017 08:01

Likely to get weekly updates through to the last trading day although i'd rather the company sat on their hands and just updated the manadatory stuff ie 146 flow rates, A8 spud and left A5/A6 & A8 to Jan 3. We'll then see if we have a distressed seller as the tax boys shouldve finished.

[togglebrush] 01/12/2017 09:15

1 Dec First President Day... Public Holiday in Kazakhstan
'
Bull many recent large trades are after the markets in US and Canada are open .... looking to negotiate large late trades in London market at a discount ???

[bullinachinashop3] 01/12/2017 09:10

its the big trades that baffle me, never seen so many of them consistently, there's another from yesterday 200k.

[xclusive2] 01/12/2017 09:05

19 trading days for the Kazakhs to dump if they're going to but no buyers in town of note to take up any slack. Any news will probably be sold into so logically, leave it all to 2018 whereby the share price will have minimal resistance unless peeps are wrong re source of selling. Still find it strange that Casper isn't starting to move up the popular ratings with Pi's but that will come with positive news flow. With the absence of a holdings disclosure maybe all the recent buying has been PI apart from the off market stuff ?Going nowhere til A5 first 30 day announcement or maybe sooner with recent change in MO to a far more visible communication format,Tick, tock.