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CASP Caspian Sunrise Plc

3.25
0.05 (1.56%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Caspian Sunrise Plc 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
  0.05 1.56% 3.25 3.20 3.30 3.35 3.20 3.20 1,119,799 12:13:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 42.95M 9.76M 0.0043 7.56 73.14M
Caspian Sunrise Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker CASP. The last closing price for Caspian Sunrise was 3.20p. Over the last year, Caspian Sunrise shares have traded in a share price range of 2.25p to 4.60p.

Caspian Sunrise currently has 2,250,501,560 shares in issue. The market capitalisation of Caspian Sunrise is £73.14 million. Caspian Sunrise has a price to earnings ratio (PE ratio) of 7.56.

Caspian Sunrise Share Discussion Threads

Showing 31276 to 31296 of 31425 messages
Chat Pages: 1257  1256  1255  1254  1253  1252  1251  1250  1249  1248  1247  1246  Older
DateSubjectAuthorDiscuss
14/5/2024
17:56
Are you a bit mental ???
jtourer
14/5/2024
17:38
Hmmmmm, that is very interesting.
xclusive2
14/5/2024
17:02
What about the well testing going on now at A5 see below
thetoonarmy2
14/5/2024
11:48
?? They've set up the UAE as the tax haven, they won't be siphoning assets off to another Jazakh company.....lol. They've down years filling Casper with assets and they own the majority anyway. The UK listing gives some protection to Casper, without it their prey to the bigger boys.BNG deeps being lined up and this won't be firm here for long, especially if B8 or any of the deeps were to flow although I'm not holding my breath.
xclusive2
14/5/2024
11:14
Does this open the door to sell (move) deeps to a Kazakh registered company?Quietly accumulated, naturally suspicious!
west4
14/5/2024
10:52
That's a good point NN and I asked the company the question earlier today , Simon, yep, I'd be for retaining a % interest in the deeps .
xclusive2
14/5/2024
10:47
According to the March 24 RNS the newly formed oil trading company was making $10 per barrel from MJF/SY production

will the oil trading company have Absolute Resources LLP as their first third party client assuming the $83m sale of MJF/SY goes through by August?

Equates to a tidy $6m pa income stream for CASP at current production levels

the new norm
14/5/2024
10:44
I wouldn't mind them selling the BNG deeps as long as it included a carried interest % so that we share the potential value.

I haven't been here for over 10 years for a few p profit, I'm still hoping for something transformational as I think a lot of us still are.

simonatwork
14/5/2024
10:35
Simon,Yes it is the licence commitment cost and if sale goes through, net proceeds will be c £55m not $. Et al,What's next ? They've stated that that their skill set is not best suited to managing a maturing field so what is their skill set ? If it's not on the easier shallows then it's certainly not on the deeps so I can see them being on the menu following the shallow sale completion. If they do sell BNG deeps then a CPR is on its way and obviously value will be dependant on whether an A block or NY block well flows. Are they going to partner with somebody to bring them home ? What about Block 8 ? They'd probably sell that too for the right price or do they keep that along with WS and add more assets from any BNG disposal ? Then there's the CE. Continue to charter, sell it or use it to get involved on a free carry basis for a smaller % of offshore drilling projects with the big boys ?Then there's their drilling services business, they'll probably add more rigs and farm in to other projects or build revenues through rental route.Next ? more acquisitions and not all in the OE field. I can see mining and wind landing from the Oraziman portfolio of assets.Also our Shin. He's connected to KNOC and I can see more asset acquisitions from their disposals. Still all to play for snd serious money to be made.
xclusive2
14/5/2024
10:09
Hi Spangle,

I'm sure you're right that it is the balance of the 10 year social costs which become the liabilty of the purchaser hence are deducted from the sale price.

The fact that these are expected to decrease in the next year from $17m to circa £15m suggests its the reducing outstanding amount.

I'm not sure whether to be encouraged by their expectation of oil production from block 8 and West Shalva this year or to be cynical that they are extracting over $50m cash from a declining asset while they can.

It would have been interesting to know how the horizontal drilling and Block 8 drill results had gone. Hard to assess value without this information.

One positive is that when the annual accounts come out they will have to give us a lot more detail of what has been going on.

Still travelling hopefully,

Simon

simonatwork
14/5/2024
09:11
I'm sure Adrianz won't mind me copying this from him:

Property Developer Business Model. Today 09:00

Makes sense. Buy assets on the cheap, develop them and then sell. Use the profit to get higher margin assets.

Pretty sure they have A5 flowing.

KC Explorer will bring in more than what MJF was producing.

bluemango
14/5/2024
09:03
A move and sale price that both make sense; finally we have some certainty on something, and hopefully the early spike has helped exhaust our recent pesky seller. Onwards and upwards ...
bluemango
14/5/2024
08:46
Maybe it goes minus ?
maxim1999
14/5/2024
08:45
Hahaha, do you even have any shares to sell,
panamajimbo1
14/5/2024
08:42
Sorry, my post 22970 seems to have landed in the midst of the shrubbery

Anyone have any ideas?

spangle93
14/5/2024
08:41
We seem to have attracted a shrub!
bsg
14/5/2024
08:41
Another 271k dump
crazyworld2
14/5/2024
08:38
....lol. Fill yer boots before it's too late.This will settle down today as peeps realise what's coming next.
xclusive2
14/5/2024
08:36
They want sub 2p
crazyworld2
14/5/2024
08:36
Shorts have increased
crazyworld2
14/5/2024
08:29
No one cares dumping is crazy and no buying
crazyworld2
Chat Pages: 1257  1256  1255  1254  1253  1252  1251  1250  1249  1248  1247  1246  Older

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