Caspian Sunrise Share Discussion Threads

[xclusive2] 07/4/2020 13:42

I hope you mean 2021 Toggle for your estimated numbers !

[dhb368] 07/4/2020 12:41

Fingers crossed Togglebrush

[togglebrush] 07/4/2020 12:20

There are many examples of extrapolating past performances of the FTSE and other indexes in bear raids and recessions below is my Extrapolation of the big dipper ride of 2008 for the FTSE
‘
But as always past performance is no guide etc.
‘
Ancient _______________________________Modern possible ???
'
Starts of Sep 2008 ---around 5,500_____late Feb 2020____7,000____act 7,400
Bottom Mid Oct 2008__________3,800_____April 2020___est 5,000____act 5,400
Recovery Oct to Mid Jul_3,500/4,300____Apr/Mid Dec__est 4,700 to 5,300
Steady Climb Mid Jul 2009 from 4,100___from Jan 2022_est_________5,100
Normal restored July 2011______5,300___from Jul 2022_est_________7,000
‘
My guess is that we are at or around bottom but it will be volatile and rough ride until January 2022 and then a steady climb to normality in July 2022

[dhb368] 07/4/2020 11:36

Must admit I am debating whether Bed'n'Isa or just cash out. Not of CASP/Jay but everything else, especially non oil.

I am very worried that the markets have risen 20%+ on nothing but bad news, with more to come. Part of me thinks that DOW 'should' retest 18000 again.

[steveh8] 07/4/2020 11:00

The 2 big sells are bed and isa just in case anyone thinks they are sells no need to worry folks

[xclusive2] 07/4/2020 08:51

Getting a bit good at this trading game. Unloaded BARC, CRst, and LLOY.

[xclusive2] 07/4/2020 08:16

Yep !Somebody just exercised bed & isa at a cost of £810 ! Which broker was that !!

[jostrummer] 07/4/2020 08:14

88e - ouch - just goes to show how hard it is

[xclusive2] 07/4/2020 08:13

Well, Casp not benefitting from the market move in oil, probably as we don't have any/much and our underlying NAV inc the boat isn't tickling anybody's fancy. Shell up 55% from low and Bp 40%, not bad plays. Casper will bounce at some juncture.

[dhb368] 07/4/2020 00:47

Not convinced timberwolf. He has always seemed flaky to me.

[timberwolf3] 06/4/2020 20:45

Terrible news about Boris, just hope he has the strength to get through this.

[rutter] 06/4/2020 16:08

LOZl jostrummer. My downtrend started June last year. Now average 7.5 since buying at low levels

[jostrummer] 06/4/2020 15:48

exactly maxim - we are actually on the verge of confirming the break out of this wretched downtrend that started on the 6th January.

[maxim1999] 06/4/2020 15:46

If the seller had not started at 10 p and driven us down to 6p before the global melt down started we would be at 6 p now.Anyway.Dish reversal and head and shoulders on the chart. Very little resistance now till 4p , then back to 6p!!!

[control1] 06/4/2020 14:52

Very generous of MM's to allow us a. 0.1p tick up given that taking the 775k rollover out, we are at circa 80% buys so far today...

[xclusive2] 06/4/2020 14:46

In that case, get the crystal ball out RE where the share price is going short term. The good news is that it sounds like you've got more than 650k of stock to transfer, nice.

Et al,

Current production c 1299bopd including a couple/few of days of 150 so say it was 3 days at 500bopd then the rest of the wells are prudicing c 1250 bopd, adding in 150 and 153 at say 400bopd, that would be my expectation for future monthly numbers. No more wells to be drilled as they're probably not getting a good price and likely to be storing it BUT don't believe the tanks could store more than 5000 barrels, have to read back to confirm.

Need the Ruskis and the Saudis to sort out their mess but this article,

doesn't make the best reading, let's hope the 30 analysts had their shorts on and are going to get singed. Global demand dent, obviously but no way $10 oil !!

[steveh8] 06/4/2020 14:22

No not an option Smarty but appreciate your help.

[xclusive2] 06/4/2020 12:40

If you've only got one ISA Steve, open another under a family member, if that's an option for you ?

[steveh8] 06/4/2020 12:10

Every time I've bed and ISA on the 6 April it always goes down for the rest of the week and I could have got more in. Do I do it today or wait and see. Has anyone got level 2 to see what the bid is at present please as it might make my decision for me

[xclusive2] 06/4/2020 11:45

BednIsa week with punters utilising their £20k allowances. Mr and Mrs Smarty can shift in 1.3m ish but doesn't quite cover the recent acquisitions but i'll take it .

[dhb368] 06/4/2020 09:04

Yet nothing...... Probably due to the missing $s

Everyone knows that the sales are going to be relatively low in cash term, but not including it is just stupid, unless we have not actually sold it, deliberately or otherwise?

What can we store? Anyone know.

This made me laugh "During March the loss of production from Deep Well A5 was effectively replaced by less than four days production from New Well 150."
That says it all about his A5 1500bo pish/day.

Can you imagine any other oiler that over these last two weeks completes 2 wells nearly doubling production, proving up their main producing asset significantly and the share price moves nowhere.
Most of my other oilers are doing 20% in a day on nothing but the oil price.

[maxim1999] 06/4/2020 08:44

More production more cash. Shares should move up from here. In theory output could double again if a deep comes on line. Is everybody still asleep. The buyers should be active today .

[dubaitrader16] 06/4/2020 08:07

Thank you Bloomberg 2 looks promising . 2 weeks to production from 153