Caspian Sunrise Share Discussion Threads

[konil] 27/1/2024 10:58

yeah the ce cash will be a lifeline, i wonder what's happening meantime, if anything, news is well overdue.

[xclusive2] 27/1/2024 10:45

K,We've had a tough ride, no disputing that !! Running on fumes ? If prod is continuing at c 2k bopd and MR/Dom prices holding up, this with the additional trading revenue = far more profitable than at any time historically. Costs are up due to supply chain and inflationary pressures, also activity up (allegedly) and the additional costs to B8 so it will be interesting to see FY accounts. If they do generate say $12.5m from barge then that's a huge chunk of profitability that will go a long way to easing any financial pressures. Not diluting us to death like many other AIM failures so hopefully our Austin Allegro is being upgraded to a Maybach ;) and we can enjoy the ride this year, long overdue Rodders !

[xclusive2] 27/1/2024 09:51

I haven't checked historically by my gut tells me that Monday is the least likely day for news. The execs are still recovering from the weekend activities and in todays Covid world, nobody seems to work on Mon/Fri. Tues-Thurs are days for good news so let's hope that we see some positive drilling results.The Abay project is going ahead, that was a real concern for me as there was nothing in the news re drilling this year which was a tad disconcerting. As per the update, the drilling may take longer, an extension up to 15 days or more would be good news for Casper as could generate a few extra million in charter income. If it's successful there will be more drilling as they develop the prospect. I suspect they will then look to buy the CE as opposed to continued rental. Let's hope it's successful as it'll be a windfall for Caspian, one that could kick start the repayment of sensible Divis. When you look at Caspian profitability, this $10-15m is going to make a considerable contribution and 24 will be the best year financially and any positive drilling news sends the share price flying. All to play for :)

[bluemango] 26/1/2024 16:17

Regardless of the timing of trades versus this news, I don't think the small amount of extra detail in that piece is enough on its own to have caused the recent buying.

Mondays have been mentioned as a preferred day for Caspian to release news - can any long termers confirm whether this is a regular pattern please?

[xclusive2] 26/1/2024 16:08

That's cheered me up on a Friday pm. Might have been the reason for the buying spree but as far as I can see, this news was only in the public domain yesterday and buying was the day before. Hopefully there are no delays snd contracts all signed :)

[timberwolf3] 26/1/2024 15:55

$300m exploration budget will certainly buy them more than 1 well.

[xclusive2] 26/1/2024 15:23

I agree. I had all the alerts set dog as I was looking for that smidgeon of good news.

[bsg] 26/1/2024 15:22

hxxps://www.marinetraffic.com/en/ais/details/ships/shipid:666266/mmsi:436000203/imo:9605671/vessel:CASPIAN_EXPLORER

[bsg] 26/1/2024 15:20

Probably explains the bit of buying recently.

[xclusive2] 26/1/2024 15:15

Good find NN . I've been looking daily with alerts set up. That takes one of my worries away :)

[the new norm] 26/1/2024 15:08

Interesting article from yesterday giving a good overview of the scale of the project Caspian Explorer will be part of. £300m initial budget for exploration costs!

[xclusive2] 25/1/2024 11:26

MMS walked it down and now walking it back up. Yep, oversold and nice to see sone blue but it's now time for Casper to walk the talk ! None of us know the current situation. On he ground apart from the fact it's flipping freezing. Let's hope the next news is far hotter and sets us up for a great 24 with less c*ck ups :)

[maxim1999] 25/1/2024 11:01

What a treat to see any sort of increase in the price. The selling has broadly been exhausted and technically we are very oversold. The price is very able to rally quickly and significantly now. All we need is good news......

[xclusive2] 25/1/2024 10:47

Crude at $81.3 amid geopolitical crises. Almost impossible to predict or forecast future prices with the current volatility. India looking at considerable growth this year but buying and stockpiling cheap Russian oil as are China who are predicting an economic slowdown in 24. All about supply/demand and very difficult to see next move. Can Casper return to exporting oil to increase revenue as intimated by CC in last RNS ? Doesn't increase profitability but does improve cash flow. Historically, their oil receipts and profitability were far lower, just need to build production at this juncture. Kazakh govt are taxing exported oil at gross crude prices regardless of sanction discount so will be interesting to see if this changes in our favour.In a far better financial position today but they just need to build production to build shareholder value.As always, tick, tock !! I'm

[xclusive2] 25/1/2024 09:44

BSG,This has more pumps than Shell forecourts :) Peeps getting in at 2.4p ish can exit at 2.66p but that would soon reduce. Don't think it was a pump as volume tiny and market price moved quickly from 2.3p so average price would be 2.5p+ and there's been no pumping from bloggers on the various boards. Just peeps buying in at oversold prices and pre likely news next week, a month on from last update . A smidgeon of good news moves this on. We all want to see a first deep success and B8 would really kick this on but the news delay is obviously concerning. I'm staying invested to see a deep success and A5 is still the most successful project this far ie flowing volume for an extended period. 802 was meant to be our best cos but they messed it up and now in remedial mode alongside 803. A7 in progress and remedial work planned for A5/A6. All these activities this year but as we know, nothing guaranteed !! The upside is huge from here BUT can they deliver ? Not many minnow oilers that have the assets and the cash to drill them. Most of the expensive deep drilling has been done and CE cash will ensure continued funding but that's providing there's no wobbles there. MJF at approx 2k bopd is crucial to continuing the journey snd they need to build that volume to their 5k target. All to play for and 24 will be the most active year since incorporation. About time out luck changed for the better !!

[bsg] 25/1/2024 09:12

Bit of a stand off now. No buyers on silly spread. So short termers will be out by Friday. See where we go then.

[togglebrush] 25/1/2024 07:07

Upcoming Events for CASP
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Friday, June 28th 2024
Full Year 2023 Caspian Sunrise PLC Earnings Release

[togglebrush] 24/1/2024 16:56

Trades coming in ... maybe just maybe ???

Date______Time ___Price _Volume Value__ trade Type micCode
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2024-01-24 16:29:57 2.700 _30,000 __£810.00 Off-book AIMX
2024-01-24 16:26:25 2.700 100,000 £2,700.00 Off-book AIMX
2024-01-24 16:26:25 2.600 100,000 £2,600.00 Off-book AIMX
2024-01-24 16:25:28 2.642 25,000 __£660.00 Off-book AIMX
2024-01-24 16:24:08 2.697 70,000 £1,890.00 Off-book AIMX
2024-01-24 16:23:23 2.700 100,000 £2,700.00 Off-book AIMX
2024-01-24 16:17:34 2.622 76,697 £2,009.46 Off-book AIMX
2024-01-24 16:16:56 2.690 175,000 £4,707.50 Off-book AIMX
2024-01-24 16:14:00 2.688 75,707 £2,036.52 Off-book AIMX
2024-01-24 15:52:46 2.590 -10,000 __£259.00 Off-book AIMX
2024-01-24 15:52:27 2.578 100,000 £2,580.00 Off-book AIMX
2024-01-24 14:50:11 2.580 77,056 £1,988.04 Off-book AIMX
2024-01-24 13:34:11 2.500 73,742_ £1,843.55 Off-book AIMX
2024-01-24 13:32:44 2.388 250,000 £5,975.00 Off-book AIMX
2024-01-24 13:32:26 2.380 250,000 £5,950.00 Off-book AIMX
2024-01-24 08:03:26 2.388 __6,113 _ £146.10 Off-book AIMX

[xclusive2] 24/1/2024 16:30

Probably right. They want your stock as willing to pay 2.66p for a chunk .

[bluemango] 24/1/2024 16:16

Wouldn't be surprised to see some delayed trades; the ones so far reported wouldn't normally be enough to lift this.

[xclusive2] 24/1/2024 16:11

Crude over $80 again. About the 10th try this week and all down to the newest geopolitical crisis, the Houthis. Energy prices dropping 15% in Q3 allegedly, not if the geopolitical tensions continue !Good to see some blue, even better to get some positive news .

[xclusive2] 24/1/2024 15:22

Yep, peeps adding a few but you never know with this share, could be the same peeps who've sold and averaging down. Volume is consistently low and PIs are the only ones showing g interest as always, unless it's an off market transaction. The weather has been a lot colder over the last week in Atyrau and evening temps between -10 & 20 ! Add in the wind chill and not conducive to loads of activity I'd say ! News is imminent and hopefully todays buyers are going to make a few quid :)

[togglebrush] 24/1/2024 14:27

Fake News, Wild wish list thoughts, prior to last Thursday in, probable Hot news Month ???
Date Time ___Trade Price_ Volume Buy/Sell Bid Ask Value
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24-Jan-24 13:34:11 2.4999 _73,742 Buy* 2.20 2.50 1,843 O
24-Jan-24 13:32:44 2.3878 250,000 Buy* 2.20 2.40 5,970 O
24-Jan-24 13:32:26 2.3799 250,000 Buy* 2.20 2.40 5,950 O ... off book

first data lift from LSE confirmed on Stock Exchange price explorer

[onsideman] 24/1/2024 13:37

Is that a pulse?