Caspian Sunrise Share Discussion Threads

[maxim1999] 12/1/2018 12:32

Do we assume with the fall in volume the seller is done ? Or is the seller only reacting to buying and there is none ?

[roy1982] 12/1/2018 09:28

x2
do we have any proof of A5 flow rates apart from what "honest Clive" has told us

[xclusive2] 12/1/2018 09:09

Much that they have so much on, the key well is A5. Much that we all want the result now, they have to do the right thing to get the best result for the company i.e. c4000 bopd and the maximum reserves upgrade. A6,801,A8 all running in tandem, throw in the shallows and we all know that this is silly.The hype kicked in back in 2014 when the share price when to 25p and a m/cap of £250m. At that time we had less than 1000bopd production revenue and 50% of that was to Baverstock as Casper only had c50% of the acreage. Today's m/cap is c£180m, we have 100% of the acreage, 4000 bopd, A5 success, 2 more deeps close to commerciality, another to be drilled plus 10 or more shallows. Doesn't make any sense to me but it shows whee this is going to go on a deep success. The hype will kick in i a big way as there is sooo much to hype. It's not a one well story and the momentum will continue as the 2018 operational schedule is packed. Many bags to be had this year and A5 is the key to setting us off on that journey.

[sue999] 12/1/2018 08:25

Jan and Feb temperatures in Kazakhstan are usually lower than Dec.

[togglebrush] 12/1/2018 06:09

Reflecting on recent trades
December: Company shares were in the Doldrums
'
January: Company shares are showing some momentum with soft gentle zephyrs
which are not the roaring Trade Winds many on this BB hoped for but comfortable and positive progress.

[roy1982] 11/1/2018 22:11

I put my grandson down to sleep and he asked me to read him a fairy tale so I read him Clive's last RNS.

[hallow] 11/1/2018 18:35

Last piece of news', ooh its so cold Mum, 4th January

Before that was the operational update .........14/12/17 last year,


Are we not due a proper update very soon.

[konil] 11/1/2018 18:11

toggle, if its only 2.25m shares and if it is mr. 'unrelated' and if he is hellbent on divesting the lot, then there's an awful long way to go!

david, yes agreed looks likely to be what you say. but what's your point - are you saying it explains why he may be selling and it has no bearing on forthcoming news because he is not looking at the holding as an investment in casp, just a proxy for cash as he sells up?

[togglebrush] 11/1/2018 16:55

Konil FWIW
Start 27th Nov which was the last big RNS but exclude volume (8.7 million day) ,exclude 14th December RNS (5.8 million day), and excluding today
'
Total Volume is some 38 million or 19 million shares
assuming a normal daily volume of 1 million
then 4.5 million trades was sum of difference (+/- 1 million) or 2.25 million shares
'
Simple numbers and no opinion.

[davidblack] 11/1/2018 16:54

"Mr Oraziman has also agreed to gift 18 million shares representing approximately 1.08% to an unrelated individual."

This does not look like an investor, more likely the settlement of a debt or commision paid to a third party.

[konil] 11/1/2018 16:15

does beg the question though, why would he sell now when lots of imminent supposedly good news is due?

[konil] 11/1/2018 16:12

following rns 10 nov 2017 about the share gifts to his children and an 'unrelated individual', and assuming none of the directors are selling and assuming the children aren't either (supposed tie-in for 12 months) and assuming none of the ex-baver holders are selling, then if there is selling over and above 'normal' trading, as does appear to be the case, it could be the 'unrelated individual'.

he was gifted 18m shares.

toggle, i wonder if you have an estimate of how many shares have been traded over and above 'normal' trading since about mid-november? a guestimate at best perhaps but you seem to have a handle on such numbers.

[davidblack] 11/1/2018 15:10

Maybe we have a Carver standoff?

No news until Mr 550,000 to sell stops?

[xclusive2] 11/1/2018 15:08

Another 550k of sells, seems to be a popular number for our seller.

[davidblack] 11/1/2018 14:41

Would be nice to hear about the near surface well 146 and its progress.

[captainfatcat] 11/1/2018 12:13

Credibility is the issue here for me I would like to increase my position but that is on hold for the time being.

[konil] 11/1/2018 11:58

even if a5 has ongoing problems and takes a lot longer to deliver due to new sidetrack or whatever, they have so many other good things to go at.

problem is, so much has been put onto a5 shoulders as regards their honesty and overall credibility of the assets, that any further a5 issues will probably knock the share price far more than warranted by delay/failure at a5 alone.

let's hope they are close to some good news on some of those other irons.

[xclusive2] 11/1/2018 11:46

Yep and I'm hoping that it's an insti v PI . We need another larger investor in here as part of this game. We are not on the radar of a lot of funds or not in scope as our market cap is sub £250m. Hopefully this will change with positive operational news.

[sue999] 11/1/2018 11:27

On the bright side, someone is buying all these sells.

[xclusive2] 11/1/2018 10:47

So the question is, 'why did they set unrealistic espectations by way of BParade ?'
Did they know they had a big seller so pR campaign needed to drive interest ? Is the winter weather rNS allowing the previous sellers to buy back in cheaply ?

I'm hoping that they aret truthful with their communication, something lacking historically and has affected the credibility of this company and the only way that will change is by them delivering and being honestwi th communication.

I sense that A5 has issues and hoping they can clear and not need to sidetrack again. My biggest fear is that the drop in pressurea nd low flow rate is not down to drill fluid and down to overly fractured rock or some other geological reason that they've not understood.

This quarter is a defining one for our CASPER and we will soon see whether it is going to be our year or a continuation of historical failure.

[konil] 11/1/2018 09:45

it never stopped!

the nov/dec newsflow stated by the company in their 21st nov presentation was ludicrous, even without a8 spud in 2017 which was missing from the list!!

how were they possibly going to deliver all that in 5 weeks even with the best possible weather?

[xclusive2] 11/1/2018 08:50

Re Carverspeak, I've been reading back through the the 2014 A5 announcements and the communication was shocking when things started to go wrong. Excuses, contradictory information etc.This continues with the latest 2 RNS's where I feel the excuses are starting again as a result of drilling issues with the ultimate goal of buying more time. The 14/12 RNS clearly states that they were going to reperforate 146, clean up A5 and spud A8. If you read the latest RNS on 4/1 it just makes them look very silly as the bad weather must've kicked in as they were penning the 14/12 announcement. Just need the truth Mr C and not excuses and the BS we've had to suffer to date.

[konil] 10/1/2018 20:37

smarty, that's why in my post i say "imo unlikely given the 2 (now 3) big holders"

the scale of selling that would have to happen would probably be unachieveable on the qt.

don't need the chill pills just yet...but you never know :~)