Caspian Sunrise Share Discussion Threads

[flawlesskicks] 15/11/2018 05:40

credock - CASP are sitting on billions of barrels of oil imo. They are very close to cracking the drilling - which will open up the field to full development! If we start to bring these deeps on-line, we will fly past 24p. The blue-sky valuation is 74p here.

[flawlesskicks] 15/11/2018 05:11

E1... I expect no less from you tbh.

[bullinachinashop3] 14/11/2018 23:11

What a fkn mess. Astonishing. She is one feeble leader . But she cannot see it

[georgesorearse] 14/11/2018 21:44

Flaw - yeah I know there are lots of interacting forces here but lets say at between 5 - 7p buy in prices available now this should be a solid AIM investment target, as we've argued over all summer.

Its history counts against it heavily and changing its name and not the in-house operators for the deeps is a strange political decision, as the markets are readjusting that will not help it next year as it announces news.

Lots of negative issues but the underlying oil is there, it seems the shallows are stabilised and can be cheaply infill drilled.

With a licence for MJF and a deep by March this should look totally different.

Hopefully we can start arguing about Mila soon, can't be to long before that relists.

[control1] 14/11/2018 20:39

I see many reasons offered for the fall here except for the pachyderm in the room which is of course, Brexit.People have been taking their money off the table for months now and it will accelerate when the "deal" gets voted downWe are headed for 2007 all over again folks....

[togglebrush] 14/11/2018 20:24

Refer Credock #5851... A reminder
'
Date________Note__________Open__Close____Volume
'
08/07/2014_______________4.000 _4.000 ___109,308
09/07/2014 Drill Up BNZ _4.375 _8.250 57,931,623
10/07/2014 ____________ _8.250 _7.750 10,858,991
11/07/2014 Drill UP G__ _8.250 _8.625 14,296,554
14/07/2014 ____________ _8.625 _7.500 _6,292,433
15/07/2014 ____________ _7.500 _9.750 17,084,627
16/07/2014 Options_____ _9.875 _9.500 _5,671,906
17/07/2014 ____________ _9.500 _9.375 _3,324,728
18/07/2014 Options_____ _9.375 12.000 21,410,622
21/07/2014 ____________ 12.000 15.625 22,275,846
22/07/2014 ____________ 15.625 14.250 21,797,661
Months later
29/08/2014 _____________20.500 22.875 _7,493,919
01/09/2014 Drill Update 24.500 25.250 18,235,506
'
two dates when price was above 20.00 after 08/09/2014
30/09/2014 High 20.750 Close 19.875
01/10/2014 High 20.125 Close 19.375
'
FWIW
Since 01/01/2016 Max Price OHLC has been High 17.125 on 23/10/17


Past performance is no guide … etc

[credock] 14/11/2018 18:20

Remember Flaw when Casp - Roxi went from 4p to 24p in the space of a couple of months about 5 years ago ? Is history going to repeat itself ???

[flawlesskicks] 14/11/2018 16:37

George - I don't think the Saudis can be blamed for this mate. This is market makers knowing that we are heading into Winter plus drop in oil so they are taking full advantage of low volume buying of oil shares. It has nothing to do with CASP fundamentals - which are very good over the coming years. We are in a strong position and moving forward next year in our production goals. I think a few will be gutted they didn't take advantage of these prices. One deep and the spike here will be huge from this level! At least 300% of A5 flows - probably more.

[flawlesskicks] 14/11/2018 15:10

Nice work! I have kept it CASP....I hope it pays off next year. I'm not in a rush mate - I'm only 38 so a long time before I actually retire!

I have patience and CASP is a very good bet. Not sure what the market is up to right now but I have cash so if it remains silly, I will buy a lot more.

[georgesorearse] 14/11/2018 14:17

left the freefloat in there - retirement fund on top of my retirement fund just got to talk my wife into it now lol.

[georgesorearse] 14/11/2018 14:16

I bought loads more at 20.4p that day as soon as I found out the strike was over.

[georgesorearse] 14/11/2018 13:45

Look to the Saudis for oil co's being marked down, they are grumbling about leaving Opec again and taking market share over the U.S.A and Russia.

[flawlesskicks] 14/11/2018 13:25

Just looking at LEK Oil. Mms have taken their price down from 20p in September to 13p today. I always looked at LEK in a similar light to CASP so it is reassuring that this is a market wide issue and not CASP specific.

Anyone think this is done as a traders Xmas bonus move? Whack it down and scare out all the small fry before the Christmas pump? If you look at CASP over the past four years - this has happened several times.

[georgesorearse] 14/11/2018 12:34

I never reported you on LSE that was the BMN lot you tried stalking me on - more fool you they are a fierce bunch who stick together - I properly behave on there lol.

[georgesorearse] 14/11/2018 12:32

Right, i'm locked and loaded for next year, plan executed ive done my bit now over to Kuat to sort us a deep.

[georgesorearse] 14/11/2018 12:26

Ahh gotacha - these threads do my head in - I thought I was posting to just you before then others appear and disappear - much prefer LSE...

[georgesorearse] 14/11/2018 12:26

Ahh gotacha - these threads do my head in - I thought I was posting to just you before then others appear and disappear - much prefer LSE...

[georgesorearse] 14/11/2018 12:25

Your monies come through or you bought earlier at 6.1 ?

[flawlesskicks] 14/11/2018 12:24

Cash deployed at 6.1p.

[georgesorearse] 14/11/2018 11:59

Flawless I agree, the MM's are trying it on wherever they can , Nighthawk make that point on lse casp today, my reply to that is if the pi's buy en mass and in volume they fox trot Oscar and leave it well alone.

Like X2 has said I think the floor has been cemented in here.

[flawlesskicks] 14/11/2018 11:51

George - I will go with that. Back up to 8p sharpish is my bet. This fall has been based on nothing. We are in exactly the same situation as we were a few weeks back.