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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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.05 | 1.79% | 2.85 | 520,059 | 10:30:30 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 2.70 | 3.00 | 2.85 | 2.80 | 2.80 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | USD 36.65M | USD 10.59M | USD 0.0047 | 6.06 | 63.14M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 11:09:21 | O | 70,246 | 2.84 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 05/11/2024 | 07:00 | UK RNS | Caspian Sunrise plc Update on acquisition of West Shalva Contract Area |
| 31/10/2024 | 07:00 | UK RNS | Caspian Sunrise plc Update on the disposal of MJF & South Yelemes |
| 26/9/2024 | 11:59 | UK RNS | Caspian Sunrise plc General Meeting Results |
| 25/9/2024 | 17:52 | ALNC |  EARNINGS AND TRADING: Indus Gas in supply strife; Caspian profit down |
| 25/9/2024 | 06:00 | UK RNS | Caspian Sunrise plc Interim results for six months ended 30 June 2024 |
| 04/9/2024 | 06:00 | UK RNS | Caspian Sunrise plc Disposal of the shallow MJF & Notice of GM |
| 03/9/2024 | 06:00 | UK RNS | Caspian Sunrise plc Proposed disposal of MJF & South Yelemes |
| 02/9/2024 | 13:27 | UK RNS | Caspian Sunrise plc General Update |
| 18/7/2024 | 06:00 | UK RNS | Caspian Sunrise plc Update on Proposed Sale |
| 15/7/2024 | 07:50 | UK RNS | AIM Restoration - Caspian Sunrise plc |
Caspian Sunrise (CASP) Share Charts1 Year Caspian Sunrise Chart |
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1 Month Caspian Sunrise Chart |
Intraday Caspian Sunrise Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 20/11/2024 | 16:42 | Caspian Sunrise | 24,383 |
| 12/10/2024 | 14:22 | Caspian Sunrise 1 | 1,090 |
| 15/7/2024 | 10:21 | Caspian Sunrise | 3 |
| 26/5/2023 | 05:52 | Caspian Sunrise | - |
| 25/5/2022 | 17:48 | Caspian Sunrise 2019 -2021 | 7,373 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 11:09:22 | 2.84 | 70,246 | 1,994.99 | O |
| 10:30:26 | 2.81 | 200,000 | 5,612.00 | O |
| 09:46:09 | 2.78 | 89,813 | 2,495.01 | O |
| 09:13:38 | 2.78 | 60,000 | 1,666.80 | O |
| 08:47:07 | 2.74 | 100,000 | 2,736.00 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Caspian Sunrise Daily Update Caspian Sunrise Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker CASP. The last closing price for Caspian Sunrise was 2.80p.Caspian Sunrise currently has 2,254,978,483 shares in issue. The market capitalisation of Caspian Sunrise is £64,266,887. Caspian Sunrise has a price to earnings ratio (PE ratio) of 6.06. This morning CASP shares opened at 2.80p |
Posted at 19/11/2024 12:15 by the new norm My pleasure X ;-) I needed a distraction from the CASP share price continually dropping!Wonder if our seller loaded up on 1.8p paper a few years back, they are still turning a profit selling at 2.5p or lower? Almost a racing certainty they are building up a cash pile which they will use to good effect when the next 'pump' session starts? Maybe wishful thinking on my part as I don't want to contemplate that we are currently in the final death spiral ;-) |
Posted at 19/11/2024 10:53 by xclusive2 https://polaris.brig |
Posted at 09/11/2024 10:04 by the new norm Spangle93 #24319You make a very valid point regarding the West Shalva acquisition Yes it's a 50:50 punt on whether they find oil and are able to commercially produce oil from this asset I agree Clive is stating the optimistic case for WS acquisition when he says he hopes that WS given time will be able to replace the current 1600 bopd oil production from the BNG Shallows I see WS as a good example of the type of asset CASP is looking to acquire The acquisition cost is structured to reflect the risk of it being a dud At the current share price we are getting the chance to explore the asset for $3.9m in CASP paper, plus say another $1m in cash to cover drill costs If as Clive hopes we have a new asset capable of producing 1600bopd and has reserves of 25m+ boo then the WS asset will be worth north of $50m and throwing off annual oil sales of $21m at current local rate of $36 pob This would be an excellent return on acquisition and exploration costs of under $20m If it turns out a dud the loss to CASP will be $5m Same can be said for BNG Deeps, B8 and 3AB...their true value will be unlocked by getting 25yr production licences in place and then flipped to operators who specialise in oil production The sale of the Shallows gives CASP the cash to buy time to get the licenses in place and pay the social payments, once that is delivered you can extract significant upside value from these assets |
Posted at 26/9/2024 16:41 by xclusive2 Well, the sellers today know more than me ? They went through their latest slide deck and if I miss anything maybe the other attendees could fill the gaps. They positioned the structure of the business and current assets and soon to be cash position and it = far more than current share price They then went through all the slides and hopefully that presentation will be up on the website this week. Rather than go through all the slides, I'll summarise the priorities . BNG licenceThe NY CPR is underway and they're methodically going through the prod licence process. They can't confirm when but they hoped within 3 months. I asked why they didn't apply earlier, that's not how it works and prod licence application has to be submitted when licence renewed.B8 licence Still waiting but hopeful that it's imminent. Bureaucratic challenges within government, departmental changes etc which have created the delays. They believe that B8 will replace BNG starting with the testing of the Akkaduk structure . The Sholkara licence has been renewed and they'll apply latest techniques to workover existing wells. This is a consideration dependant on timing of Akkaduk renewal803 well It has flowed and they expect it to flow at higher levels as choke size is very small as opposed to A5 where they simply opened the taps. I asked what length of time did it flow for, quality of oil etc. The oil quality was good and they flowed it for the time they had pre licence expiry. They weren't going to drawn on the subject and I suspect it's to do with the prod licence application as there will be a licence fee. CEThe CE performed too well and completed the task in 40-50 days but no exact number given. They re-iterated the fact that there is plenty of interest in future charters but ENI reserve the right to to have priority to the CE in 2026 should they decide to drill other wells. The fact that the CE performed has put Caspian in a positive light with other potential hirers acquirers, 'in the shop window' . It's on the balance sheet for 1.5m whereas the true value is far higher should they decide to sell it. CE payment is due imminently. Mining AssetIt is a related party asset, They will be acquiring the producing asset which is manganese. The licence area is in the east of Kaz, not far from the Chinese border and a much better location for ease of access and transport links. The mine is up and running but there will be a requirement to fund, mainly to update equipment and an investment of c $3-5m possibly. The cost to run the operation is low as opposed to the OE business and there are 3 other licences on the acreage for other resources, gold, copper I believe but can't remember the 3rd but it'll be on the company presentation. They stated that there's a lot of focus in Kaz on the mineral industry and they are planning to enter the game with a producing asset. An independent assessor will prepare the commercial case and I suspect that this will be presented to the investor base in Q4.Shallows saleGoing ahead as planned. 815 well has reached TD so that'll sweeten proceedings if successful. Completion date of 31/10 but that's not set in stone and Caspian will benefit from 1600bopd until deal completed.The $15-16m licence commitments will be deducted from this sum.Oil Sales86% of oil sold to domestic attracts more costs but to counter that they get to trade their own oil profitably. The sales to MRs has reduced as they suspect that some of the refineries were selling to the international market so have been rumbled ! West ShalvaReady to go and will take 2-3 months to drill and favourable weather conditions will mean that they're unlikely to experience delays. Also accessibility a big plus. Share buy backsThey're going to go down this route as opposed to dividends. I took this as a real positive and will obviously help he share price. Not this quarter but likely to be starting in Q1 next year. Deep wellsAs positioned in interims. They will be doing another side-track on A5. They know the oil is there in commercial quantities and will continue to attempt to bring it into production. A6 will be acid treatment and A7 to complete. They will buy the G70 rig and it's there for them but pointless acquiring it until the licence renewed.802 as positioned, will partner. I suspect it's Baker Hughes but we'll know more when BNG licence agreed.3ABThey still remain confident that will drill or sell asset. The challenge is the changing ownership of the Dunga field. They can't drill through the shallow Dunga field to their deeper targets until the Dunga negotiations are sorted. It costs $2m to renew the licence but not doing that until the Dunga piece sorted. I'm sure I've missed bits but in summary, they're building a diverse business and they and their broker believe that the company is grossly undervalued when you look at current assets. Fair value at 10.8p v current 3.5p ? They are soon to be cash rich with the proceeds from AR/CE and they will utilise cash effectively to accelerate operations, acquire assets where applicable and fund share buy backs. Licence renewals are obviously very important but they have to deal with Kazakh red tape and B8 could be imminent but BNG will take longer. |
Posted at 17/9/2024 12:44 by the new norm 200% plus rises in the share price over a few days is also the CASP way ;-)Also impossible to predict when the next spike in share price is going to happen Think we are more likely to see another 200% spike before we see a 50% fall based on the current 3.6p SP CASP poor communications is to blame for the wild swings in SP, most other companies manage the news flow so much better C'mon Clive let's see you prove that you are worth your imminent 75% pay rise! |
Posted at 04/9/2024 16:52 by the new norm Just out of curiosity I looked over all the trades from the first RNS announcement (Monday 2.27pm)Total volume 10m shares 3m shares sold above 4.1p one hour after shallow sales RNS 3.5m shares traded at 4p and these trades seem to be the ones that are being strategically traded to keep price down at 4p 3.5m shares traded at above 4p but below 4.1p Yup all very odd, WHY IS THE 4p share price so important and to whom? Lots of positive news this week but share price is being held back by the release of these 4p trades, very suss, very manufactured, almost like they want to scare away new potential private investors Correct me if I am wrong but aren't KO/CC precluded from being granted any more share options whilst the 2019 Cash Based Long Term Incentive agreement is in force. So 4p isn't an important strike price for a new round of share options for KO or CC then? Back to the mining co acquisition conspiracy? Or are we seeing some of the WS 4p acquisition paper hitting the market? That would be a positive as it means WS acquisition has been completed and first well is in course of being spudded...but surely we would have needed an RNS confirmation by now if this has happened? |
Posted at 02/9/2024 09:27 by the new norm Peeps seem to be forgetting that for the last 60 days there has been $225,000 flowing daily into CASP just from the CE hire and 2300 bopdShare price was alot higher a few years ago when company was hemorrhaging $100,000 a day! Clive obviously gets his kicks out of torturing the long suffering PIs with his bipolar approach to newsflow. I don't believe there isn't some material news he could be reporting on, and probably should be reporting on to comply with aim listing rules, but the same rules don't appear to apply to CASP THE QUESTION YOU HAVE TO ASK IS WHO IS BENEFITING FROM THIS RADIO SILENCE AND THE share price DRIFT DOWNWARDS? |
Posted at 29/8/2024 08:32 by the new norm They hit us with an avalanche of news in July, including the Zeus brokers reportThe radio silence since then is odd and I agree Maxim that it feels like it is a deliberate ploy by company, to what end I'm really not sure Had a deep dive in the Audited Accounts and found an interesting paragraph on page 48 regarding the appraisal licence renewal and the timing of the Kaz judgement committee Given the statement on page 48 I'm sure Clive would argue that he doesn't need to publish an RNS confirming the 2 year extension of the appraisal licence as he has already told us in the audited statement. If however the 2 year extension was declined we would have got an immediate RNS with that bad news KO wants a share price of around 4p until he doesn't then the share price will fly IMHO The radio silence is part of KOs share price manipulation #casp ;-) |
Posted at 26/8/2024 11:11 by the new norm AA23Note 10 Kaz tax rate 6% v UK 25% rate $895k kaz tax payable That makes some sense based on the data in the October 23 investor presentation as CASP has been selling oil to local market which benefits from a reduced kaz tax regime (IP OCT 23 suggests an effective tax rate of 3% on local sales) WHAT I DONT UNDERSTAND! In note 10 $3697k is deducted as tax on profits before the eps is calculated for year ended 31 Dec 2023 in Note 11 Why is the $895k tax payable figure not being used...eps $0.62 v $0.47? They seem to be diverting $2.8m to various assets in the balance sheet as protection against potential future kaz tax regime changes? Prudent accounting but understating how profitable CASP is after kaz tax is paid? QUESTION? Who benefits from keeping the CASP share price as low as possible? |
Posted at 22/7/2024 11:20 by dipla https://simplywall-s |
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