Caspian Sunrise Share Discussion Threads

[dipla] 01/11/2017 08:36

no seller this morning, has he/she gone....

[xclusive2] 01/11/2017 08:31

Our seller(s) will find it difficult to exit at a decent price as demand subsides and will have to wait til next news or trash the price. That is very unlikely as they would have done that pre news so obviously not selling at all cost. Somebody make them an offer for the remaining shares.Clive,If you know the seller, whys this not being sorted off book ?

[xclusive2] 01/11/2017 07:45

Yes, shares have changed hands but I was hoping that Casp could have attracted institutional interest. Maybe some of the buying is from larger buyers and the selling in the market is allowing that on boarding process to happen cheaply ? I personally think the shares are going to PI's, many with a short term interest and hence more volatility to come. If they wanted to encourage institutional interest, that could have been sorted off market.Regardless it's going to be slow progress (sp) until the seller is cleared and if recent volume hasn't gone to a steady pair of hands then we have lots of ups and downs to come. One thing for sure, the fundamentals are improving and the value is the value, it would be nice if that contained some blue sky element too.Take advantage of weakness, mad not too .

[togglebrush] 01/11/2017 05:55

Quarter of the shares with 50% Profit from selling CASP shares in under six months have now probably changed hands. My guess is that CC's beauty parade was launched NOT TO raise funds or loans but to attract UK share holders to buy and absorb these shares.
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My guess is that when half of the bargain sellers have been satisfied then the supply demand balance will change and trend in share prices will begin to rise. My GUESS is that will be Mid to Late November at earliest but reactions to RNS and events will change this. DYOR

[xclusive2] 31/10/2017 21:47

Enigmatic,Out of work, renting out your flat with Woburn membership, now giving golf lessons...lolI live on the W estate, play off 2, but could accommodate you in the west wing and probably give you a few lessons if needed, hope that helps ?

[1enigmatic] 31/10/2017 19:50

now doing golf lessons £30 an hour

[1enigmatic] 31/10/2017 19:48

Clive reading the boards.No tie open neck touch of The Harry hills don't mind at all could stand there in the nude you just get theses deeps sorted

[bullinachinashop3] 31/10/2017 18:56

Nobody knows !! Could it be spectre selling out ? I seem to recall they had a holding over 5% perhaps a stipulation of the fund to sell once in 100% profit which they would be at 12p from their buy in a few years ago . Perhaps I've cracked it !!!

[sue999] 31/10/2017 18:15

why all these sells. 430000.

[konil] 31/10/2017 16:39

timber, well he may confirm my guess as to his future! and good luck to him!

[konil] 31/10/2017 16:37

from june, 7000bopd * 80% = 5600 * 35 *360 = $70.5m plus 1400 * 20 * 360 = $10m

total revenue = $80.5m

this only assumes that a5 test is successful and a5 plus the shallows are put on production licence. if a6 isn't flowing by june then they wont put a5 on production but will wait until they get a6 sorted because its part of same structure.

assuming a6 is sorted and flows at say 3000bopd, that's another $34.5m.

total revenue with shallows, a5 and a6 = $115m p.a.

if they are to sell, i did say earlier i wouldn't be happy at anything less than $3bn, well its more or less already there on shallows, a5 and a6 alone.

then there's 801, 802, a8 and potentially another 2 or 3 deeps after that.

and the reserves numbers will be updated at some point.

agreed smarty, talking it up will not help, seller needs to be exhausted, but couldn't resist. :)

[timberwolf3] 31/10/2017 16:34

Konil - your welcome, pretty sure Clive is reading the boards though.

[konil] 31/10/2017 16:24

timber, thanks for link to 2nd interview. don't think i've seen him without a tie in these interviews before. is it his way of saying we've got there, just a matter of time now, this is my last job, then i'm retiring on the proceeds...lol!

[xclusive2] 31/10/2017 16:14

We can all market this to death at this stage but whilst the seller is there, it's not going anywhere. I'm all for sitting back and letting the seller do his, her, their stuff and let the share price slide and take advantage of it.

[timberwolf3] 31/10/2017 14:51

When they can sell at world trade prices they are looking at $35 to $40 dollars per barrel NET conservatively

[davidblack] 31/10/2017 14:42

Anyway following my purchase expect three weeks quiet, almost guranteed.

[davidblack] 31/10/2017 14:40

Any chance of a mega discovery in those three deep wells. Roxi always had that lottery ticket to the upside ten years ago when optimism was fashionable.

[euclid5] 31/10/2017 14:39

heard him say in the interview they ca forward sell 6 months pre oil sales to oil traders x 7000 bopd @ $55

[timberwolf3] 31/10/2017 14:28

Not looking to raise funds in short term, self financing through forward sales.
Looking to debt to pay for infrastructure.

[timberwolf3] 31/10/2017 14:26

Expect the 3 deep wells to produce 3,500 barrels a day each at LEAST.

[davidblack] 31/10/2017 14:24

Finally stopped looking for stock on the bid and bought 94k at 12.74p, 0.01p cheaper than the ask which feels positive.

[pre] 31/10/2017 14:12

Thanks timberwolf3...flow test news in next few days:-)))

[timberwolf3] 31/10/2017 14:08

Another Clive Carver interview

[xclusive2] 31/10/2017 14:01

Thanks for update.It could be Dosbol continuing to exit but I'd have thought that there would be an off market agreement to transfer shareholding to another party , especially as the story is now easier to sell to a prospective purchaser. Probably don't like the size of the Kazakh ownership but we do need institutional interest.