Caspian Sunrise Share Discussion Threads

[maxim1999] 13/5/2020 11:43

In your private message inbox

[roy1982] 13/5/2020 11:14

hallow, please expand

[jostrummer] 13/5/2020 10:52

any reason adrian seems to have the hump all of a sudden? both him and MO were pretty good posters previously, or perhaps you really cannot trust anyone on a free bb.

[hallow] 13/5/2020 10:49

Something massive going on behind the scenes that we are not being told about.

[rutter] 13/5/2020 10:43

I think that's a fair summary David

[davidblack] 13/5/2020 10:38

Getting stir crazy? Sadly next news due circa 5th of June ish.

Caspian a beacon of consistency in a harsh sea of troubles?

[xclusive2] 13/5/2020 08:39

We have a material news vacuum and that together with cheap oil = stagnation. Next news should be April prod numbers due now and an update on their plans re 151 and deeps.Supply of oil is winning the game v demand currently but it will change and every day at these prices is killing the weak producers.Yawwwwnnnnn.

[hallow] 12/5/2020 16:49

Waiting,waiting,waiting,waiting,waiting,more waiting,still more waiting,even more waiting, fed up with waiting, endless waiting,

Get on with it Clive.

[xclusive2] 12/5/2020 12:17

Apathy reigns currently. Crude up 3% on the day and over $30. We’re a PI traded stock and the trading probably comes from less than 20 players who decide the share price direction. That will only change when there is really material news but it is range bound until that happens.

Will trade up to 6p, the old support will be resistance until more material news emerges and oil price moves north. I believe we get back to double figures this year but the magnitude of the move north needs a deep as the catalyst.

Re sp, the ask has dropped marginally, obviously not enough takers at 4.1p ish but the bid is still 250k @ 3.825p.

As always TT.

[the new norm] 12/5/2020 10:47

Just sitting in my rocking chair watching the tumbleweed get blown in the wind.

Is this the calm before the storm or has the market reached the next staging post before lift off?

[xclusive2] 12/5/2020 09:41

Any lth here has had to understand the meaning of true patience !

I hold onto the fact that we’re valued @ 72m and have production of c 60-70k bopm and likely to increase to 200k plus over next 2 years. That in itself is a reason to invest and will return 3 bags from here and everything else is in for free.

An oil price increase is inevitable and we can all do the maths at $60 gross crude price as an annual average.

The deeps, who knows the outcome but if they do crack it and can get another 150k bopm, that’s only 1200bipd from each well which is disappointing but you can see that there’s 10 bags still in play.

Holding high volume of shares, highest ever by some margin and will make money unless they are crooked.

[konil] 12/5/2020 08:48

campers? more like squatters...been here too long
when i kick the bucket wont be surprised if its casp's flying pigs i see flashing before my eyes...

[bloomberg2] 12/5/2020 07:51

Morning campers

[xclusive2] 11/5/2020 15:19

Who is Dinerios. I see the Twitter comment but the account is rarely used and it's a one off comment, probably FK .

The market is weaker @ 3.86p bid, 250k max.

[jostrummer] 11/5/2020 14:04

Dinerios
@Dinerios1
·
10m
Could be wrong but looks like a nice Bat in play over at #CASP ... 10.8p target for me. Fingers crossed Cowboy hat face

[xclusive2] 11/5/2020 12:46

Max,

It's what the larger players have probably been doing for a while, in concert, using Twitter etc to hot with volume and gain traction. A couple of issues for me, firstly i have too many probably, secondly, don't wish to be rude but i don't trust anyone unless i've met them and got their measure.

Our share price will go north regardless but the range trading will persist on that journey UNLESS the news is such that it kicks us on beyond 20p, for that it needs to be deep success(es).

I've often thought i'd foil selling plans by buying another chunk but i'd only do that if i was underweight, unfortunately i'm not and i'm spreading risk as i move forward. I'll trade some of the recent buys and will sell more post 10p and spread risk as the share price increases.

Bid improved to 3.948 but only 300k max ve 4.14p buy @ 200k, very boring. Next tick will be up probably 4-4.25p but we need a buying spree and a disinterested seller(s) to see it have another go at 6p. Should be getting some production numbers, hopefully with the revenue achieved this time.

[maxim1999] 11/5/2020 12:30

Josh , Roy , Norm , Hallow , David, x2, Josh , credock , dhb , Konil, chopsy , hotdeal , me , anyone of the assembled troops here needs to put in the odd buy to trigger a squeeze. Oil is only going one way unless we get a second more dangerous wave . In which case we should not see sub 3 p again. I have dealt 5 or 6 times now in the last month. Which cunning foxes with pumpkin sized gonads will claim the honour and pleasure of lighting the afterburners on the share price .........

[xclusive2] 11/5/2020 12:20

Yep, we won't move forward while he/she/they persist, in the absence of considerable buy volume obviously.

[the new norm] 11/5/2020 12:16

quiet day, but our programmed seller still unloading.....

[hallow] 11/5/2020 11:59

Come on Clive get on with it, I'e had more fun watching paint dry.

[jostrummer] 11/5/2020 09:25

ok norman.

[the new norm] 11/5/2020 08:22

At the last count at least £40m has been poured into developing the existing 4 deeps.

Get just one deep to flow at 1500 bpd @ $50 and you have total capex payback on the 4 deeps within 18 months.

Hell will freeze over before CASP stops trying to get a deep to flow commercially.

[xclusive2] 11/5/2020 08:21

If the seller moves on this will gap up and I'm expecting that this week and through 5p, especially if Crude stays around current level.