Caspian Sunrise Share Discussion Threads

[lw425] 24/9/2017 15:29

xclusive

A decent flow test of A5 will put 150% on the share price with the other already drilled Deeps to be tested shortly after. It will be game changing in a massive way. A5 is what the 24p top late 2014 was all about.

Shares move on speculation. UKOG moved up from 1p to 8p and we are still waiting for flow test results.

Speculation moves shares.

I suspect you've been entrenched in a long term hold mindset for so long you've forgotten what moves a share price.

The reason the share price is only just starting to rise is that it's only a couple of days ago that the market was given a heads up on the fact the sidetrack was about to move into the 100m+ oil column. You can hardly expect traders to take positions two months ago but now is the time. T traders will be all over it.

Friday was also a breakout on a TA basis.

Fair pre RNS is 12p I suspect. From that level 100% upside in a day maybe.

There could well be 400m reserves in the shallows which valued at $4 in the ground would be worth $1.6billion.

Could be billions of barrels in the Deeps.

CASP are now self funding for the Shallow drills and all Admin.

[xclusive2] 24/9/2017 14:03

Timber,Re A5, it's not the oil shows as we know that A5 has oil, that's not being disputed. It's all about handling that pressure and heat successfully and I don't believe A5 is the reason for rise other than its not far away from news and people are piling in. Bull,I think it's just as stated above but very happy to be wrong.Et al,Ramp the arze out of it and get the do up to true value, well north of here, then when A5 hits, we'll accelerate north from a higher base.GL all

[togglebrush] 24/9/2017 12:27

St Ledger day was Sept 16th ... Favourite was heavily backed and won at 3 to 1 ... it cost the bookies a lot. But aside from that children are back at school and the quants with valuers are back at their desks and see CASP as a bargain.
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FOR COMPARISON ONLY see Nighthawk, HAWK, a Colorado Oil Fraccing play, where on Friday share price increase beat CASP, with extraordinary volume like CASP, and both were in the top 10 out of 2000 shares. The fact that they are both in Oil, had a recent RNS on oil flow following an awful share trend, and then had a top 10 Friday share performance are the ONLY similarities.
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FOR COMPARISON ONLY see Baron Oil, BOIL a South American Oil play, who came 2nd to HAWK, and above CASP (who was 3rd) on ADVFN list. It had a recent RNS on oil flow following an awful share trend.
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After a dreadful summer it seems refreshed eyes have seen the neglected bargains and adjustments are in action.
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IMHO

[timberwolf3] 24/9/2017 11:08

Smarty - yes 250m to go to target depth as of 20th Sept, but only 132m to top of known oil column which starts at 4,332m depth, so may be oil shows appearing already.

[bullinachinashop3] 24/9/2017 10:15

It seems more than TA in my opinion, it had a real certainty to the rise, tomorrow should be interesting

[xclusive2] 24/9/2017 10:10

Don't want to p on the bonfire guys and gals but there's nothing in the interims to suggest that there is any more operational news that could fuel news. If it's news driven it has to. E something else e.g. Funding.DeepsA6 - can't re-complete work as no rig801 - plan to remove stuck pipesA5 - still 250m to goShallows146 - later this year808 - P&A or sort water issueYelemes 54 - horizontal drilling next yearI believe the rise is pure TA or just the realisation that Casper is undervalued. S

[bullinachinashop3] 24/9/2017 08:48

A5 HOPEFULLY! OR SOMETHING ELSE??!?!

[lw425] 23/9/2017 21:53

Carver stated in one of the RNS's last year that they have expectations of the deeps flowing at least 2500 barrels a day. So if they get two of the three deeps already drilled to flow then CASP could be knocking on the door of 10000 barrels a day by New Year. Or maybe more.

[doc robinson] 23/9/2017 21:36

Yes all look like delayed buys should be an interesting Monday open !

[steveh8] 23/9/2017 20:12

Last three trades all 350k of them all look like buys although not marked that way. The 150k was delayed from 4pm just before the 9p buying

[bloomberg2] 23/9/2017 12:07

ROXIE BABY !! https://youtu.be/arxhW1RgDDo

[xclusive2] 22/9/2017 22:13

HD,Chisholm and fips, just finished a luverly fish supper at Loch Fyne with a couple of bottles to help with the digestion ?Et al,The trading was very odd at the close. More sells than buys yet share price still moving up ? All will be revealed next week ?

[captainfatcat] 22/9/2017 21:14

Good things come to those who wait

8-)

[hotdeal] 22/9/2017 17:20

Fish and Chips tonight never thought I would be able to afford them again

[lw425] 22/9/2017 17:08

Yes the reason I asked is I remember it hitting 24p three years ago due to Deep Well A5.

So the reason for paying 24p back then still exists.

[xclusive2] 22/9/2017 16:59

Mid 20's as a starter but then it will get properly hyped as 146, 808, A6 and 801 are all in play this year. You can see where it'll go .

[lw425] 22/9/2017 16:50

If the sidetrack comes in what sort of rise is on the cards? Mid 20's? What do you experts say?

[bullinachinashop3] 22/9/2017 16:49

finished up 27.59% - great end to the week

[xclusive2] 22/9/2017 16:42

The day trading summary is approx 60:40 in favour of buys as we see it so obviously somebody's nabbed a chunk. Hopefully institutional input.To gap up .37p on a small trade, let's see what shows up.

[bullinachinashop3] 22/9/2017 16:39

not seen that sort of tic up into close with roxi before hmmm

[xclusive2] 22/9/2017 16:34

9.25p close at intraday high. Somebody's being greedy and looking forward to seeing the post 4.30 show.News driven or undervalued ? Soon find out.

[konil] 22/9/2017 16:12

yes hd, that's my point, even if there were billions of barrels we wouldn't know for possibly several years, prior to which i guess most currently here will have exited.

the tengiz fiasco is political and so it is likely to be with any find of that size.

[hiddendepths] 22/9/2017 15:53

Interesting indeed!

konil, monster finds can take anything from maybe a year to 30 years to prove up! Look up what happened to elephant discoveries in Kaz, such as Tengiz.

[xclusive2] 22/9/2017 15:52

Last 6 trades all sells (180k) and so still going north ? We have a little buyer and the late reported trades will disclose to what extent.