Caspian Sunrise Share Discussion Threads

[roy1982] 27/5/2020 13:11

mystic Roy strikes again

[roy1982] 27/5/2020 13:05

don't sit on your hands, use them to hit the buy button. 70k+ share buy coming soon

[xclusive2] 27/5/2020 13:04

The market is thin and very odd currently. News on Finals probably out tomorrow, last 3 years, 14th/15th and 24th and hence the current share price with a .4p gap !!!!

3.6p to sell above 300k, 3.72 for smaller chunks. Buy market was also very odd @ 3.6-3.9p as you couldn't buy any easily, now they've move the ask up to 3.999p, how generous....lol

Not expecting fireworks with financials. The revenue up to Dec was declining as MJF production dropping and Crude average price $64 v $71 in 2018. We'll also see more operational cost in 2019 from an activity perspective but offset with lower rig costs as not being rented. Wil be interesting to see if there's any costs being incurred for the Barge.

Crude price will edge north as supply gets shredded. Opec are holding in cuts and so are Opec+ in the main. Brazil didn't subscribe to the cuts but now Covid is ravaging Petrobas and offshore production, Russia and Kazakhstan will als have the same issues and outages wil be inevitable.

Casper is a low cost operator, they've cut G&A costs by 75%! and they're positioned to ride this out and they have KO loan facility as back stop. In addition KO and familiy only make real money on a successful outcome on Casper and that's not a £70m company.

Barring crooked behaviour, this share price will fly as the real NAV with a healthy oil price will deliver bags from here.

No investment advice intended, DYOR.



Smarty

[rutter] 27/5/2020 11:48

I've no doubt many will be looking at ODX thinking there's still a rise left for a quick ten per cent Trouble is there could be an RNS tomorrow with positive A 5 news. Wouldn't want to miss out Sitting firmly on my hands

[rutter] 27/5/2020 10:09

There's another half million our seller can offload. Good luck our buyer

[hallow] 27/5/2020 09:43

Come on Clive I've had more fun watching paint dry.

[rutter] 27/5/2020 08:36

I wonder how many the Kaztard will offload today

[xclusive2] 26/5/2020 23:29

That’s it then, can we all go home now.

[jayrh] 26/5/2020 19:06

A deep will never flow not when they keep cutting corners...

[xclusive2] 26/5/2020 17:40

All about value Rutter. Any buy at this level is going to make money unless they've fibbed to us about the true financial position. Currently i am in the market for a chunk but not until the next move is more certain, up or down. Currently the trend is back to the mid 3p range but news will probably define the next firm move north. Real money to be made from here and i plan to be part of it in volume whether that's from 2.4p low or current level.

C'mon Clive, surprise us with some real positive news.

[rutter] 26/5/2020 16:03

We're all locked in here. Especially those with 7 figure holdings. None of us should ideally recommend buying imo It just gives an opp for Mr Kaz to offload more. I'll sit and do nothing and wait for a deep to flow. It will happen gla

[hallow] 26/5/2020 14:35

It's a great day to be invested in Caspian Sunrise in the forlorn desperate hope that something might happen at sometime, in the far off future.

[dhb368] 26/5/2020 14:26

Just take this as an opportunity to bring down your average.

[rutter] 26/5/2020 11:27

I've never known such excitement I wish I'd bought more for my initial investment at 13 p

[xclusive2] 26/5/2020 09:03

No volume and it says to me that this is traded by a select few and others when a technical play and the herd join in. Too much opportunity elsewhere and not in favour but will be at some point....lol

Should be getting the Finals out this week or next latest together with operational update. I'm not expecting fireworks, probably 151 on go slow, A5 the same and acid still not done as Covid a big issue if Tengiz anything to go by. They can use it as an excuse but unfortunately it's probably a real problem if we have a similar situation on our hands. Maybe the pandemic will be the undoing of Putin as it'll wreck the economy and the vodka hasn't worked, better than disinfectant though.

3.65p to sell up to 400k max but still want 3.9p to buy and 6.5% margin, great business if you can get it !!

As always, we're waiting, tick, tock.

[hallow] 26/5/2020 08:49

Get on with it Clive you know what we are waiting for.

Not very exciting times

[xclusive2] 26/5/2020 08:43

One day Spangle, one day.Norm,Re oil storage, give Clive a call if you want to understand more.

[spangle93] 25/5/2020 15:48

Smarty - "Caspian aren’t storing oil" - hah, right, so what have they been doing with it in the deep reservoirs for the last 6 years, eh?

Sometimes you miss the nuance of just how shrewd Clive is... ;-)

[rutter] 24/5/2020 12:11

And I hope Captain Pugwash will tell us what's happening to that old rust bucket in the finals

[sparusty] 24/5/2020 09:59

Maybe they are trucking the oil to our wonderful new pleasure steamer Caspian Explorer. :))

[maxim1999] 24/5/2020 08:28

I would be delighted to see the management viewed in as positive light as possible but putting Clive and shrewd in the same sentence when some thing goes well does not have the right feel about it.Extraordinarily, just by luck or you won't believe it but seem to work better.

[xclusive2] 23/5/2020 14:41

Tengiz has 13% of the Kaz CV confirmed cases. I read an article last month that they had a hospital on site that catered for up to 300 workers, obviously out of control and a huge % of the workforce. NN,Caspian aren't storing oil, they have little storage and I was advised it's being sold otherwise they'd have included it in the RNS.Oil supply destruction will be the kicker for the oil move north but I'd rather see it down here for a month or 2 to deepen the pain on shale and the marginal producers that only survive with funding.There will be oil outages, additional maintenance needed etc. We'll be at $40+ in Q3 and slowly increasing in Q4 as demand picks up.