Caspian Sunrise Share Discussion Threads

[fsawatcher] 27/10/2017 08:58

they goin to do placin to raise funds soon coz that wot this rns all about

they want share price higher so they get better placin price

directors do nuffin with deep wells for years
run company into ground
directors then get loads of cheap stock
deep well suddenly start producin - it a miracle ha ha
directors then ask market for cash placin

it been done on TRIN, FRR loads same stuff on funky AIM

pi shareholder jus lamb to slaugter

[xclusive2] 27/10/2017 08:42

I have too many but have taken more on the back of today's news. Licence extension and funding were upcoming bumps in the road but today's news puts a tin hat on that. Konil,Well, there's one of your concerns dismissed. Oil revenue and KO's back pocket = no or minimal dilution. Need to get some larger investors in here to even out the shareholding but maybe the end game is to be state owned By Kazmunigaz rather than sell to a major ?Good news.Smarty

[hiddendepths] 27/10/2017 08:19

Ten years of stale bulls don't go away overnight. What is more, as David Black pointed out, there could be some advance selling from the Baverstock deal which might have been agreed due to a cash shortage, but who knows.

This deal is truly excellent. The Kazakhs normally leave such negotiations to the 11th hour and sometimes the twelfth, thirteenth or fourteenth hour. Max technically didn't even have a license to their acreage when they came to the market as it hadn't been ratified!

But to do it early is great and it's quite a relief for the exploration and appraisal work to be continued while ring-fenced fields have a Production License. It would have been strange if CASP hadn't been allowed such a concession but a great deal depends on the standing of the company in the country at the time. It looks to me as if Mr. Oraziman is still powerful and influential, which really reinforces the buy case here.

[harrissen] 27/10/2017 08:19

Pathetic isn't it?
One 'investor' has sold 511 shares, the broker fees will erode any bit of profit they made! Why do they bother?

[boom boom bang bang] 27/10/2017 08:17

cgp running

massively undervalue cash shell

target is 2p

currently 0.5p

[xclusive2] 27/10/2017 08:12

Doubled Clive....lol, that's funny HD. This is fien to KO and his chums in high places. The merger was one of the key stumbling blocks and the since completion the ducks are lining up.Giving the 801 pipes a little shake.....lol . Probably haven't done a sidetrack at A5, just flowed naturally from original well.Good to see.

[acefromspace] 27/10/2017 08:08

News looks great but plenty still willing to sell into the rise. Don't get it.

[hotdeal] 27/10/2017 08:07

All who have doubted CLIVE over the last 30 years hang your heads in shame

Pity the Grim Reaper is getting closer

[bloomberg2] 27/10/2017 08:05

https://youtu.be/8cJJGgRlQi8

[ch4p_85] 27/10/2017 08:03

Market likes it

[astorcourt] 27/10/2017 07:49

I suspect the stuck pipes will be removed now with just a little shake from left to right.

[dafad] 27/10/2017 07:30

For me the main concern for ANY co big or small is funding,it reads to me that funding is sorted without diluting exsisting shareholders,what's not to like?

[sue999] 27/10/2017 07:27

Well done Clive.

[bullinachinashop3] 27/10/2017 07:26

More transformation news ,,

[sleveen] 27/10/2017 07:25

June 18,

and currently receive less than $20/bl not $50.

[astorcourt] 27/10/2017 07:23

transformational news, will rocket on open

[scoobydoo99] 27/10/2017 07:19

On a roll, two positive updates in a week is a record for Clive, well done.

[ny boy] 27/10/2017 07:17

Rather lovely I’d say guys!


Clive Carver, Executive Chairman of Caspian Sunrise, commented:

The flexibility afforded to the Company by the early agreement with the Kazakh authorities on the extension of the licence for the BNG Contract Area should materially improve the returns to current shareholders as the funding of our near term deep wells should now be within the Company's control from the pre-sales of oil without the need for dilutive equity issues.

[sandy12345] 27/10/2017 07:12

amazing news, well done to the management!

[timberwolf3] 27/10/2017 07:10

Excellent RNS, that should put to bed any doubts about Licensing and funding.

[bullinachinashop3] 26/10/2017 18:41

Another large late trade...fascinating

[bullinachinashop3] 26/10/2017 15:15

bleedin lot of selling i know that.

[dipla] 26/10/2017 15:12

yeah just did that thanks