Caspian Sunrise Share Discussion Threads

[billybankrupt] 01/8/2018 10:55

Having reminded myself of the upside potential, it comes down to a balance of risk v patience.Trades this morning show once again, patience for many, is running out.Sub 10p again on a 'nothing' RNS Heh ho

[maxim1999] 01/8/2018 09:54

So another month to 6 weeks potentially for more news. If I was new to this stock I would see the chance of failure on all 3 as unlikely. So we need to remind ourselves of the investment proposition here. Current share price underpinned by the shallows. Deeps give the kicker to the upside and we only one to come in for the share price to basically double.

[control1] 01/8/2018 08:11

I'm all in favour of not screwing it up again but I also agree with Spangle, 9 weeks to perforate...?!!!

This makes the prospect of watching paint dry seem like a fast moving, action packed sport in comparison...

[sue999] 01/8/2018 07:42

if the new zones flow, would it be a new discovery?

[spangle93] 01/8/2018 07:38

HD - I think I'd stop at "it's not in a negative direction" ;-)


edit - what I mean is, it's taken 2 months to do something that physically takes about 24 hours, and we haven't gone back 2 steps.

It's good that it's happened, but we don't know yet whether the perforating is successful (something that hasn't gone right previously), only that it's happened.

[hallow] 01/8/2018 07:38

Up already.

Sorry I meant down already.

[hiddendepths] 01/8/2018 07:26

Well, it's progress I suppose, even if it's less than we had hoped. But snail-like progress aside, it is all in a positive direction so hurrah for that. And there's the prospect of some actual flow rates in a matter of a couple of weeks.

[timberwolf3] 01/8/2018 07:22

First time i have seen him use that caveat at the end though

[bullinachinashop3] 01/8/2018 07:05

All looking positive gla

[togglebrush] 01/8/2018 07:02

RNS - TODAY- extracts
'
Deep Well 801
We are pleased to update the market with news that 75 meters of the identified intervals have been perforated.
'
"We are at the final stages of the complex operation to get Deep Well 801 to flow and we remain confident of a positive outcome, although given past delays nothing is being taken for granted"
'
Deep Well A5
Pressure in the well remains stable at around 450 bar at the wellhead, which suggests there is still good communication throughout the length of the well.
'
Deep Well A6
As previously announced, our plan with Deep well A6 remains to re-perforate the well using more powerful explosive charges.

[hotdeal] 31/7/2018 22:22

We'll see
Could be in for a surprise

[trek3] 31/7/2018 19:50

Maxim, most of it is instigated by the market makers,
they know people are waiting for news, so a few bottom
fishers come in, MM`s start raising the price, buyers
think something is happenning, so they start buying,
and so it goes on, thing is you never know if news is
imminent or not, so you take a chance, it`s all part
of the game!!

[maxim1999] 31/7/2018 19:25

I was never a believer in pump and dump as I just thought it was too difficult to orchestrate. Sadly I have seen the light. This is exactly what has happened here . A tiny bit of buying puffs in a bit more buying from the initiated. Stock squeezes higher more buyers come in, then bang , first wave of buyers get out.

[xclusive2] 31/7/2018 15:00

How many times have I seen that before, a mini pump and dump pre expected news. Happy that it's above 10p again, the waiting goes on.

[trek3] 31/7/2018 14:59

Your right there Toggle, RSI a tad on the high side, sold a few at 11.20,
just bought back in at 10.7, thing about the RSI it can stay up there for
a while, hoping so anyway.

[togglebrush] 31/7/2018 14:30

RSI was OVERBOUGHT yesterday on my system. That and thoughts that an RNS Didn't arrive by the end of July, a month with many key events due, may indicate why some of todays sales were made in the market ???. IMHO

[maxim1999] 31/7/2018 13:42

650 k of sells just gone thru . Let's hope the buys are the informed side .

[bullinachinashop3] 31/7/2018 11:30

Just had a quick look at the Candlesticks, this is the best run of consecutive green candles for at least 2 years.

[bullinachinashop3] 31/7/2018 09:51

obviously need to pay for volume! interesting as always

[xclusive2] 31/7/2018 09:39

Yep that 212k at 11.75p early doors was a bit keen !

[captainfatcat] 31/7/2018 08:52

Sincerely hope some good news is coming your way guys

[bullinachinashop3] 31/7/2018 08:51

buying at 11.70, hmmm is something flowing?

[xclusive2] 31/7/2018 08:04

Sounds like FK has been communicating with our Clive as news anytime has moved out a couple of weeks. He hasn't stated that, just smells like that from his posting. If so then this move is purely TA driven and probably could mirror the last rise pre disappointing news, maybe thus time is different ? !

[maxim1999] 30/7/2018 16:26

Might there be news tomorrow because we have been waiting for months now , and we due something at some stage? yes.Are we due news because the shares have had a bit of a run and looks like news has leaked? I doubt it. Volume is too low. If 801 was a success and the market knew it, we would be closer to 15 p having had some giant trading days