Caspian Sunrise Share Discussion Threads

[the new norm] 25/10/2024 14:13

M

If Trump elected then Putin gets Donbas Region, Zelensky goes back to a career in comedy and the Russian warships in the Caspian less of a threat to oil production in this region...heavy discount on Kaz assets starts to eb away

Kamala is just a Biden proxy and war in Europe will continue to escalate until the history books call it WW3

MMs games today....chunky buys at 3.23 when disclosed ask is 3.5p, then reduce ask to 3.4p and look for buyers at 3.35p! Keep the punters guessing chaps ;-)

[maxim1999] 25/10/2024 13:39

Trump elected. Not sure that one helps the price unless he triggers a rally in the oil price

[the new norm] 25/10/2024 09:36

Good summary of prospects for next 6 months

Clive produced an excellent Strategic and Operational Update RNS on 25 Mar 24

If the Shallows sale complete I am hoping that he adopts the same RNS approach, this time from a position of strength with $70m cash sitting in the bank account

It will be an opportunity for Clive to give investors old and new a fully transparent strategy for taking the enlarged CASP business model forward into the medium term

The market will then have opportunity to decide if 1.8p, 3p, 10p, 16p, 26p or 42p reflects the value of the business more accurately

Macro events over next 6 months might also help share price direction

Trump elected
Ukraine conflict resolved
Sanctions on Russia begin to be lifted
Israel and Iran kiss and make up
BRICS ramp up manufacturing and power Global GDP forward towards 2030

[xclusive2] 25/10/2024 06:35

Results for Q3 expectations was 3 from 8 or 37.5%. B8 licence (partly approved. They can produce from B8 from that structure but only 100 bopd pre any workover. Completed CE charter, everything else missed although the G70 rig is available at anytime from Sinopec snd now they can afford to add it. Before year end ? - conclusion of AR deal. Worst case it fails and they plod on with shallows at 1300bopd & 100 from B8- Possible licence renewals on BNG & B8 - Continuation of testing on 803 but u suspect that'll be Q1- Testung if Akkaduk on B8 but I suspect that'll be Q1 too- WS spud- Mining asset acquisition I'd like them to flog the CE but if not, a welcome charter rerun or 2 for 25.There is still considerable upside from here, the big question as always, how much and when. They are definitely building an asset base within the Casper shell and if they can't prove up they oil assets, they will sell them following reserves updated. 803 and A5 success would change those valuations considerably. Then they'll continue with B8 & WS dependant on drilling outcomes. They have the CE @ c $60m value ? and the mining asset is an an unknown as yet.Assets = more than m/cap and that'll continue as we move forward. The catalyst to share price breakout, there are lots of options but as always, when does it happen.

[xclusive2] 24/10/2024 15:18

Or no deal

[xclusive2] 24/10/2024 15:08

NN,Not counting any chickens let alone ducks. They've been lined up for some time but the real ammunition not arrived yet. As per your note, AR deadline upon us and delay or deal. Hopefully some positivity on licence approvals, NY CPR and first glance at mining proposition. Not long to wait.

[the new norm] 24/10/2024 12:06

Yes X get all those Ducks rounded up and in line

Clive needs to deliver on his FY statement BIG promises and justify his salary increase which has now been restored to previous pre covid level

Tick tock Clive ;-)

[xclusive2] 23/10/2024 06:50

Add in the mining asset and it should be a busy and material period for Casper but as always, our Clive's timelines are over optimistic at best. Next news should be AR deal together with an operational update and will be interesting to see what progress has been made against key milestones.

[xclusive2] 23/10/2024 06:22

From our Clive in FY accounts -;Expected future events Q3 2024· Licence renewal at Block 8· Caspian Explorer charter completed· Confirmation of C1 style reserves for the Yelemes Deep structure at BNG· Award of licence extension for BNG's Airshagyl & Yelemes Deep structures· Production commences from Block 8 from existing wells· Testing new well at Block 8· First well drilled at West Shalva· Acquisition of a G70 rigQ4 2024· First mining acquisition· Completion of the West Shalva acquisition· Completion of the Block 8 acqu

[bagpussgoestosleep] 22/10/2024 16:58

Was coffeecups arrested in Stockport ?

[credock] 22/10/2024 16:51

Ok Norm. I am well up for that.Lets see how it goes , but for gods sake they have got to release something soon.

[the new norm] 22/10/2024 16:41

C
trying reverse psychology this time round, expect massive disappointment and be plesantly surprised when CASP deliver the unexpected ;-)

[credock] 22/10/2024 15:55

Well folks those 2 posts have cheered us all up. I bet the buys will be flying in the morning LOL

[maxim1999] 22/10/2024 15:05

Nothing runs in time with CASP . Let's assume the sale gets delayed.

[the new norm] 22/10/2024 13:12

Shallows sale update RNS this week?

Deal fallen through

Long stop date extended to 31.12.24

Sale concluded and cash in bank account

I'm placing my bet on the deal extension date and a further period of doldrums!

[maxim1999] 18/10/2024 09:23

X2 hope you are having a good time. Weather indifferent her. Share price certainly no better.

[xclusive2] 17/10/2024 13:32

NEWS, the positive kind .

[xclusive2] 17/10/2024 13:31

In Cyprus until month end. Hopefully coming back to some

[the new norm] 17/10/2024 10:13

PV1

X XXXI MMXXIV

;-)

[xclusive2] 15/10/2024 15:03

NN,The spread is silly @ c5%. MMS trying to make a few pennies in a thin market with only a few PIs playing. In the absence of news, this could retrace back a little further but we'll probably have to wait until month end for a comprehensive update. If it does retrace, there will be buying as there always is but we need that NAV changing result that's been sorely lacking .

[the new norm] 14/10/2024 14:42

Peeps making most of tight spread and low share price to use up 24/25 ISA allowance before RR Budget

[xclusive2] 14/10/2024 14:01

Yep, not long to wait. AR deal not over the line until completion agreed but worst case they'll be picking up c $165k pm in interest. Probably get the monthly update at that juncture. Our Clive outline a VERY busy H2. The BNG licence renewal delay has halted all drilling but hopefully they are continuing with CPR etc. Other activities ? 815 yes but part of AR deal. WS spud, hopefully thats happening this month. B8 licence update ? Mining proposition ? Other ? A chunk of cash in the bin if AR completes, that with the CE cash and a little interest too. Let's see the manganese opportunity and the commercial case.