Caspian Sunrise Share Discussion Threads

[flawlesskicks] 12/11/2018 08:30

x2 - I'm doing the same. The share price is currently at my average so not worth buying more just yet. However, I think everyone has the same idea so I am really not sure that we will go any lower? If we do - there will be an almighty bounce at 6p and it will be very hard to buy any additional shares imo. See what happens but as far as we know, we are spudding A8 in a week or so and we have two deeps to test plus 146 and 801 - new licence and 3AB - all the news is still to report so I'm betting we will rise from here.

[xclusive2] 12/11/2018 08:23

Probably next news will be the downing of tools, conserving of cash until the production licence awarded !

May get A5 and 801 conclusion in 2018 and 90 day flow tests may coincide nicely with the production licence. Fully prepared for a go slow, especially if winter is bad.

The trading of late is reminiscent of last years Q4 trading and seems to be a balancing of the book. I'm not expecting fireworks in 2018 but will be adding to the coffers if this does recede to 6p as it's most likely to do.

Smarty

[flawlesskicks] 12/11/2018 06:52

The build up to next news starts today. Time for a bounce after this low-volume fall. Back to 9p end of the week?

[flawlesskicks] 12/11/2018 06:47

George - I have never ramped the BOD - I've only ever said that they are doing what is best for themselves and the long-term company prospects and that we are just riding their coat tails. What I am still very positive about is the asset. The shallows and deeps will come alive next year imo.

[georgesorearse] 12/11/2018 01:28

I wont be ramping the bod that is for sure.

Maybe some of its assets if they get a5 to flow 6 years after the first drill.

[flawlesskicks] 11/11/2018 06:55

George - I wasn't bothered with the price going up or down - I was bothered by the fact that you sold up and then changed your tune after ramping the share earlier in the year. I will be annoyed when you start ramping it again on the way back up now that you have bought 950k shares in the 7's/6's. I know you want more so you won't be ramping just yet! At least you will be on the same side as me this time - until you start selling again. It would be nice if you actually invested for the long-term here and supported the share price/company. I can't get you to do that though.

[georgesorearse] 11/11/2018 00:48

No you are right you really didnt seem bothered when I said this is going to the sixes, there was no tantrums or name calling you just sat back and really didnt seem that bothered.... : )

[flawlesskicks] 10/11/2018 20:04

George... News could be at any time. We just don't know what they are playing at. I'm really not that bothered. It can go up or down for all I care as long as we eventually flow the deeps and sell the project. I'm not in any rush but this year's false dawn has been annoying.

[georgesorearse] 10/11/2018 17:25

You, that i agree with, I think they are the ones controlling this share price situation ... my gamble with this and it was a gamble as could have been locked out on a spike if a deep flowed - no doubt about that, they are meticulously tax planning for 2019 / 20 on the assumption they will be able to work out the deeps.

Baverstock.tick
Trf shares from one Director to another and belatedly advise the market. Tick.
Trf shares into kids names.tick
3AB.tick
Skip the licence fee. tick
Run MJF and 2 or 3 deeps on a 25/49 year licence.... tba.

Not expecting news this year, they'll let the share price slip, it will rerate when they trying to sell whatever it is they announce they've found via Gaffney Cline.

[flawlesskicks] 10/11/2018 05:23

George... They don't need the cash and they will save money on the licence doing it this way. That's how I see it.

[georgesorearse] 09/11/2018 17:51

Flawless u r either 5hit stirring or didnt read it properly i said drain it over 25 years i.e 1 local eayes plus 24 internation years...

Enigmatic ... no worries m8 im patient and have enough if it never happens.

[georgesorearse] 09/11/2018 17:45

Flawless u r either 5hit stirring or didnt read it properly i said drain it over 25 years i.e 1 local eayes plus 24 internation years...

Enigmatic ... no worries m8 im patient and have enough if it never happens.

[1enigmatic] 09/11/2018 16:08

Bought 20k anything under 7 got to be a bargain onwards and upwards. Sorry George

[xclusive2] 09/11/2018 15:03

Interesting Toggle

[xclusive2] 09/11/2018 15:01

The trading pattern almost looks like it did last year when the tax angle was mooted ?

[togglebrush] 09/11/2018 14:38

General interest … lifted from LSE
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Tax regimes in KAZ and for sub soil look Have a look at section 1.7 in the link
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[hallow] 09/11/2018 10:38

Thanks to all those who replied.

[togglebrush] 09/11/2018 09:13

Hallow ~ post 5754
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Trades around Normal Market Size, CASP 30,000, are normally handled by computer
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Above 100,000 for CASP, there are a number of standard options which computers can handle or possible human. See
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The TABS on the above site, "Trade type" and "Trade flag", have a list of some of the options available.

Bigger trades, say 300,000 plus, may challenge liquidity and require human intervention.
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Mega sized deals, which may need matching counter parties, are generally human who in certain circunstances may even invite you to lunch.

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Append
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ALGO trades are "direct market entry trades" … set by your computer but not normally available for CASP

[flawlesskicks] 09/11/2018 08:49

George, I have seen your post on LSE - why do you think they are bothered about 'draining the field' to make money? Do you really think that they need the money?

I think they are in no rush at all. Their plan is to get full price for the MJF barrels and they don't care about the wait. They don't want to spend $6million on a licence they can get for free by waiting a few months. We will just remain on go-slow until the licence is granted. If anything, it is an incentive for the government to pull their finger out as we won't start increasing the number of barrels produced UNTIL they grant the licence (as 147 demonstrates). They are sending a clear signal imo.

As for the deeps - they know the oil is at A5 - so why pump it now? Drill A8, A9, A10 and do the CPR - get the A wells on international prices and then pump the oil. If I was super rich - this is what I would do!

They do need to maintain the share price though at a 'sensible' level so I do expect them to start flowing the deeps soon. They can get the A wells on to international prices so after 3AB is completed - this is what will happen imo.

Hopefully we will get lots of news flow over the coming weeks.

[georgesorearse] 09/11/2018 08:42

Hallow, I roomed with one on a lads skiing trip, in my experience they drink a lot, snore loudly and talk about mug punters ... lovely people....

[flawlesskicks] 09/11/2018 08:39

hallow - a bit of both. I think when they want to take the price down on low buying volume or they are in a collection phase, they make manual decisions. Day to day, the price can be maintained using computers.

[hallow] 09/11/2018 08:36

Are MM's real people sitting in a room with their sleeves rolled up deciding prices, or are they computers whirring away in a room calculating buy and sell prices.

[flawlesskicks] 09/11/2018 08:26

George - I think they are bringing in a bigger rig for the first part of the drill to the salt level...imo they will be drilling this part fast - possibly 4 months. The rest may be another 4-6 months. They obviously think they have cracked the process to drill the final stage with lighter mud/complete the bottom hole correctly.

You were right to sell at 11p - well done.

If it goes lower, I will buy more as my average is at about this level. I really think mms have dropped the price on very low volume and buys/sells have been similar. Sitting at a level now where any positive sentiment will send the price flying! We do still have all the same info to come on A5, 801, 808 and 147 + A8 spud etc....As much to report as when we were at 11p!

They will focus on MJF after the licence is granted. They are really not interested in what we want. They are trying to get the A wells to delineate the field for CPR so they can sell the project in 2021 ish is my view.