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Share Name Share Symbol Market Type Share ISIN Share Description
Caspian Sunrise Plc LSE:CASP London Ordinary Share GB00B1W0VW36 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.125 3.91% 3.325 3.25 3.40 3.325 3.20 3.20 816,399 14:11:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 9.1 0.7 -0.1 - 63

Caspian Sunrise Share Discussion Threads

Showing 22551 to 22574 of 23175 messages
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DateSubjectAuthorDiscuss
10/5/2020
22:17
I must admit my predictions have been at odds with what has actually happened.I am pleased you had 13 p. I had 11p. So at least I am in the same ball park.Thanks for your posts. I appreciate them. Thanks .
maxim1999
10/5/2020
20:56
I think they might as well plug and abandon the deeps they're having that much trouble with them...
jayrh
10/5/2020
19:15
Not too much of a stretch all things being equal but I valued casp @ 13p pre new successes on MJF and the share price went to 2.5p!If we can shake off the discount applied for the management ( the last 2 RNSs are a step in the right direction) and the continued failure on the deeps, then who knows, but I am not expecting 30p anytime soon.
dhb368
10/5/2020
17:15
Thanks. So really not too much of a stretch . Rally in the oil price and continued progress in the Shallows. I recon we get $50 quite quickly. Public transport is going to be shunned . The tube is effectively a cylindrical Petri dish. So those peoplewho have to travel long distances to work will starting using cars again. Couple this with a recovery in manufacturing etc a reduction is production and you can see a price squeeze quite quickly.
maxim1999
09/5/2020
17:52
This coming week please Clive if you could announce what you have been sitting on for such a very long time. From a long suffering shareholder.
hallow
09/5/2020
16:59
Chopsy. The deeps are what attract the gambler in us and that is what small cap oil investment is. MJF will take us from 10p (recent average high) to 15-30p. Great but not spectacular. Imagine not the income of 4500 bopd from 3 deeps but an upgrade to say 500m+ barrels recoverable (£1+) . That is the dream for every small cap oil 'investor'
dhb368
09/5/2020
15:00
That's it Chopsy. Our Clive announced the 58sq KM statement for the BNG oil. Dependant on recoverability will determine our P nos so I'm looking forward to the first success and the next CPR on both shallow and deeps. We need success in the exploratory phase as only 5 years to exploit and transition to full production, currently 29 years.
xclusive2
09/5/2020
13:52
Why is there so much emphasis on the deeps when one deep = just three shallows in terms of bopd? Is it that the deeper reservoirs are so much bigger and high pressured that they will flow for much longer (?forever)?
chopsy
09/5/2020
13:05
Norm. Realistically CASP would need a reserves upgrade to confirm long term viability of MJF to justify that value but a major reserves upgrade should not be an issue if we are able to keep drilling 500bopd wells. I don't expect a dividend as I think KO will use any retained profit to add resources and shareholder value.
dhb368
09/5/2020
11:50
Sounds good DHB Assuming the not too distant new norm world is $50 pob do you think CASP will pay a dividend from the ever increasing in size MJF free cashflow? If so how much per share?
the new norm
09/5/2020
10:58
Maxim, for 30p on a npv10 basis only (nothing in for reserve upgrades etc.) requires free cash flow of $56m which would be 6200bopd at $25 FCF /bbl. No allowance made for annual production decline. This shouldn't be hard to achieve @ $50 oil and only requires continued success at MJF (which seems highly likely following recent successes) and a return to oil sales above $50 which is inevitable. Of course we have no idea of CASPs cost of production/bbl but it must be below $20 and we know taxes are not significant below $50. Optimistically we can produce 6-8000bopd from MJF, at $55-60 oil say $30net generating around $87m/pa. Reserves upgrades may lift the valuation further, but there is always a risk that management actions may sink it again... There is also potential deep upside and we have a boat..
dhb368
07/5/2020
19:12
DHB , 30p would get me £213,000. Think I would take that ha ha . You never know.
credock
07/5/2020
19:00
That would be an unexpected but pleasant surprise. It is the reason us long-termers are still around, hoping for that 30p party.I am guessing Smarty will be hosting it having added @2.5p. Branson will probably be offering discounts on Necker Island now he is skint.
dhb368
07/5/2020
18:54
The new acid will sort the deeps out X and we will be back in double figures sooner than most people think.
credock
07/5/2020
15:10
Bid is weak Max, back to 250k max sell. The only peeps the short term price fluctuations affect are the traders. Much that i have a trading pot, it's miniscule as i want to leave the lump in for the end game. Yep, you can trade it but i suspect those who are are doing it with small value trades but if you can buy ans sell millions effectively, that's a skill i don't possess. Buy as many as cheaply as you can and lower you're average if you're in too high but as always, you need money for that. It's always happened with Roxi or Casper ie the share price has always recovered. It crashed post financial crash and traded between 2 and 14p frm 2007 to early 2011 and then the worst 4 years in it's trading histoy bumping along in at 5p average until A5 landed. They had nothing else on the go and it spiked to 26p on one well result. Since then it's developed MJF, drilled 4 deeps and gained 3AB whilst looking for more opps yet the m/cap is lower now with the 70k bopm ? Oversold and undervalued, the penny is dropping slowly and i'm still convinced that they eventually get there with the deeps. As always TT. Good weekend all, make sure you remember those that fought for us and give them the respect they deserve.
xclusive2
07/5/2020
14:23
Spread on this is outrageous. Feels like if the seller steps away this gaps back up to 5 p on the chart.
maxim1999
07/5/2020
13:46
Bid improved but not paying that much over. 3.835 for anything up to 600k but stronger than yesterday. If it busts 4p, the Ori would've passed the Gami and the Dojo has got it's Mojo back. . If BBulls say buy it must be a buy...lol Oil pushing towards $32, personally i believe it's getting ahead of itself. nalysts stating that US BPD reduction could be as much as 3m and if the OPEC+ play ball then we could be 20m+bpd reduction, that at a time where the world is returning to work. I'm in the office today, first time in 2 weeks after having to isolate and the roads are far busier and the firms around me are back to work, a lift company, a Visual Display and a Print Co. Boris is going to announce a faster return than many believe, we'll know on Sunday. Finally, if our seller would desist, we'd be through 4p now. If you want to sell, why not let it go ?
xclusive2
07/5/2020
13:40
4.15p to buy 100k
the new norm
07/5/2020
13:40
Breakout coming?
the new norm
07/5/2020
12:13
Any chance of an edit there Roy? Smarty - In profit now with Jay, not far to go for CASP, and we are not even out of lockdown... Lets hope it lasts.
dhb368
07/5/2020
11:49
roll on the £1 party (as if) roll on the £1 party (as if) 3
roy1982
07/5/2020
11:18
Iv got 7.5 million now !!
bloomberg2
07/5/2020
11:18
Welcome Aboard !!!
bloomberg2
07/5/2020
10:59
I have just joined the 1,000,000 + club
roy1982
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