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
  0.00 0.0% 10.475 1,261,693 07:43:08
Bid Price Offer Price High Price Low Price Open Price
10.25 10.70 10.475 10.475 10.475
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 8.43 -2.33 -0.39 191
Last Trade Time Trade Type Trade Size Trade Price Currency
15:59:30 O 500,000 10.50 GBX

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Date Time Title Posts
19/10/201907:57Caspian Sunrise 2019 -20214,939
12/10/201914:45Caspian Sunrise12,859
08/3/201809:50good update4

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Trade Time Trade Price Trade Size Trade Value Trade Type
2019-10-18 15:42:5310.50500,00052,500.00O
2019-10-18 14:59:3210.6415,0001,596.00O
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Caspian Sunrise (CASP) Top Chat Posts

Caspian Sunrise Daily Update: Caspian Sunrise Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker CASP. The last closing price for Caspian Sunrise was 10.48p.
Caspian Sunrise Plc has a 4 week average price of 9.50p and a 12 week average price of 8.40p.
The 1 year high share price is 14.50p while the 1 year low share price is currently 4.20p.
There are currently 1,824,327,552 shares in issue and the average daily traded volume is 1,143,819 shares. The market capitalisation of Caspian Sunrise Plc is £191,098,311.07.
flawlesskicks: maxim - all I can say is that we were 10.5p before the conference call and looking to head up higher on the news that A8 was going to go on flow. That has now happened. We know that the run up to A5 going on flow, the share price got to 24p. 801, the share price got to 18p. We have never actually see what the share price will do with an ACTUAL flowing well on a 90 day test! A8 is the best chance we have had to get a flow test first time. Clive told us at the AGM that the muds now being used are now very different (more expensive) than the mud used at A5. Should be much easier to clear and circulate through the well. We know that they now have the 1200mm perforating charges on-site and they are very likely to use these to establish connectivity with the reservoir. All in all, I certainly wouldn't bet against this well coming in first time, closely followed by the flow testing of A5. Don't forget, MJF underpins the share price at around 10p currently and at around 20p in 12 months time. MJF alone will allow the share price to re-rate as each of the new drills creates more production and as the work overs of old wells kicks is. CASP is about as safe an investment as you can have on AIM. The downside is limited and shorters should keep away over the coming year with production set to increase so much. If we rise again today, you would imagine that any shorts opened at 14p would start to close off in prep of the flow tests and general news-rich period. They had their fun but we could ping right back to that 14p area over the coming days. A8 flows - 30p imo. Add in A5, 801 and A6 plus the MJF in-fill and we could be looking at a serious multi-bag opportunity here over a short period of time! The oil is there, the wells are drilled and the cash is now available to move the project forward quickly. This is a real inflection point for CASP and for the share price imo.
flawlesskicks: DB - problem is that we don't have a flowing deep. MJF is now at least 50% discounted in the current CASP share price and the deeps are valued at zero. If the market sees that we can flow a deep - all bets are off. Literally, a GKP-style rise could be on the cards. It could go well beyond a sensible price for a while as everyone piles in on the hype. If we get three deeps going and a Devonian find...who knows what will happen! Buying at this level with MJF full licence in the bag is a no brainer. I'm still very confident in my 30p target by end of September...saying that, it could go much higher.
davidblack: Hi GSA they said they were regularly offered assets now as the largest Kazakh “Other player” in the area/country but I got the feeling they were waiting for Caspian's affairs to be sorted share price wise before any acquisitions would happen. Issuing any shares at this point on the basis you believed that the Caspian price would be much higher in a few months would be very odd and not like KO. Especially since post the MJF higher price approval, one of the Deeps coming into production or maybe just demonstrating the concept that there is oil in the Devonian area are all likely to move the price up significantly and at least one if not two of those events (c/s)hould happen this year. And if any of those events do happen they should recalibrate the price much higher. Yes I know we didn’t get the boost this week on the MJF announcement but that will come as the monthly production and the higher cashflow numbers start to roll in month after month. So if there was to be an acquisition at this point for shares it’s either because it’s an “Incredible bargain”, they are buying it to “Save a mate” or it’s a sweet deal coming from the government who want Caspian as an emerging local to get the development rights on some government land and those “Look after this for us” deals are required to happen to insure business runs smoothly elsewhere. All the above would make sense but just buying a bit of stray acreage at a reasonably cheap price with very undervalued shares after spending a decade avoiding dilution would be very odd. My own version of a more likely acquisition is a JV earn in. Say somebody has some fabulous land but no longer is able to fund development then Caspian come in with an offer to acquire 80% of the asset by meeting upcoming licence requirements and spending $20m over the next four or five years to complete the earn in. If it was an MJF style shallow asset with deeper targets that I would understand. The underlying holder then being bought out eventually with much more expensive Caspian stock in four or five years at the £1 or £2 area so no cheap dilution and that vendor gets to keep a slice of the action without having to spend. What I would be very surprised by is KO giving stock away on any deal that was less than a steal unless it was to “Family, Close friends or a Government connected person” as occurred on the 3A deal when it was a family deal.
flawlesskicks: Roy - you should have a chat with Toggle then as it says on his page that you predicted 32p CASP share price - MORE THAN MY PREDICTION OF 30P!!!!
flawlesskicks: And on that note, ITS COMPETITION TIME!!What will be the Casp share price on 31st July 2019?The person who comes closest with their prediction gets a half an hour session in my hot tub ON THEIR OWN at the £1 party. Plus a load of booze obviously. Plans are well underway now for the 2020 Casp £1 party so get those predictions in folks!
timberwolf3: David Black - you asked on LSE what is ADA ? A breif synopsis from Hd research noteon Roxi of 2008. ADA Oil The dire state of the share price subverted September’s plans for a second acquisition, that of 50% of the ADA Group, another Kazakhstan-based company, for $425m payable in shares priced at 80p. This would technically have been another reverse takeover, although Roxi has said that a suspension would be unlikely this time. Here too, FMS were willing in principle to acquire consideration shares from the vendor, this time for $1.80 each (90p), on condition that Roxi shares traded at 80p or more for 20 trading days ahead of the deal. That looked not only plausible but likely when the acquisitions were being negotiated, but the plight of the shares since has made the terms look faintly ridiculous – although we would suggest that the current share price is more deserving of the expression. In view of the current share price, which in our view renders the acquisition unlikely to proceed, we will not look at the ADA assets in this note. ADA operates the West Zhanazol (in West Kazakhstan) contract which contains two undeveloped oilfields and five other exploration structures. It also operates Egizkara contract area, 150kms to the northwest, which contains one discovery and five leads. In September, Roxi spent $2m to acquire its option to buy 50% of ADA for $425m. This option expired at the end of March but a new option, costing a refundable $3.2m and pricing the ADA holding at $340m, extended the option to the end of September 2008. Roxi’s shares would now be valued at 65p (rather than 80p) if this deal goes ahead. Also lots of information in Roxi's 2008 admission document see link p209 onwards. hTTps://
georgesorearse: AGM. For the current sells, was said if an II bought in at 5p then these levels are good for them if they need funds, and its a 100% profit from their viewpoint, Neil Woodfords name was mentioned in one conversation as being in the news of a fund manager being forced into selling their stocks that had performed well and retaining the dross so from that viewpoint Casp being sold down can be looked at in a positive... a nice spin I thought. Afterwards I talked through the matched seller and matched buyer hitting the bid then the ask they don't know who it was and nothing they can do about it - but again if someone needs money they will sell and many companies suffer from this problem on aim, they are very aware that the chart shows a ceiling at around 12p and only success will change that, they welcome this is my wording .. weaker holders leaving to support a step by step share price increase and do not want to see a spike and collapse aim casino scenario. Clive laid it out that cashflow protection is of paramount importance. MJF Licence is delayed as they are the first oil company under the new system with new people in the job and new president there is an endless amount of paperwork which they have complied with - the licence is due but they will not put a time limit on when as it is a new system and outside of their control... the local meeting on the 28th June is not part of this process as far as they are currently aware... wasn't given as an excuse just an answer to the known facts. Speed of pipework laying – as soon as a deep flows pipework can take weeks to lay not months , tankers/ size of tankers used, Gaffney Cline MJF update due shortly, how mud technology has moved on since A5 in 2013 and improved and that they have learnt from every drill culminating in A8 being their easiest to date..... The option that there have at A8 to cement in the bottom and flow the 52.2 and rest of the 159m structure or carry on into the Devonian and see if the longer well bore can withstand the long term pressures of flowing from the deep…. There must be a massive temptation to flow a deep at A8 as is. If both reservoirs at A8 flow they can be tested in turn which is why they cement in the bottom plus to keep water out. 58sqm - Clive said it sounds big but can be covered point to point in a Land Cruiser in 10 minutes - they expect it to cover this whole area looking at the geology and common depth findings from A5,A6 and A8. A5 milling 2.6m of liner out to allow a sidetrack below the salt – have taken 1.6m need a different tool to take out the 1m if this fails then A5 can be sidetracked once above the salt layer. A6 – The expensive rig was swapped out for a cheaper rig as that is all that is needed to perforate A6. Baker Hughes have provided bigger charges to perforate the bottom section – previous charges were calculated to take out 300mm of the side, the new charges are a factor of 4 more powerful and aim to remove 1200mm. I asked Clive if they think the Devonian and Missisipian layers also continue over the whole of the structure and would A5/A6 be drilled to depth .... he replied positively but wait and see…. My opinion their Geology has been very good at MJF and BNG. 801 Good well not expected to be as powerful as the A wells but still a good deep, pressurised with the ability to flow … Acid workover is expensive their specialist has told them to try first with a larger coil tubing and if that doesn’t work then resort to acid workover. It was then explained that the company share price will increase with each deep that comes on line and the acquisitions that they were looking to make – Tim Field was present at the meeting (along with Edmund Limmerick ) visibly stirred in his chair a couple of times, a group of us had a talk with them afterwards both very switched on and passionate about the challenge they face. When talking about the website Clive said that he has made it his responsibility to update the website, it wasn't deemed as important before but now they have something to talk about will be looking to communicate more with their investors. If you read through the RNS's and what other posters will put about the AGM you will see for yourself what is coming ... it either will or it won't, really honest session there was no b.s. today, a straight question was given a straight answer... really firmed up my risk appetite for Caspian. Whichever way it turns out, I left today with the firm impression they are all trying their hardest and working to make this a success. MJF infill programme will be easy to achieve as well payback is measured in months not years. As we know licence and a deep flowing solves our problems and nudges the share price over its 12p line. Nearby take over targets, local infrastructure - potential offshore gas target for he future. 3AB drilling under the 2500m line owned by Maersk nowTotal at Dunga. Clive Carver was on good form today and did most of the talking, Tim Field and Edmund Pery both spoke well afterwards and are very much up to speed with Caspians plans.
xclusive2: Where's your hammer and my handle ? I can see that handle and i can see many cups and troughs that need filling all the way up to 70p. Some share price history -; Anybody involved since IP0 in 2007 will know that the share price raced from 38p at launch 74.25 high in early July, m/cap of over £100m ! I was buying at that time all the way from launch price into the 60's, i believe i may have some share cerificates or copies of HL transactions from then !! I sold my first business in 2007, what a shocking time to have a load of dough burning ones pocket, just before the world was going into meltdown, within 6 months the share price was similar to todays, ouch !! The good news is that the shares were available at 1.2p for a lucky few in Oct 2008, there is Karma after all !! The share price then raced to c 14p in 2010 before crashing back to c 2.5p in Dec 2013. Since then it went to 26p and crashed to 6p, up to 18, crashed to the recent 4p, now up to 13p intraday high recently, the big question, what next. Not been boring, bought at the lows, bought at the highs and wish i'd bought more in the 2 to 3p range but it took a brave man to do that when the world was falling around one's ears and Roxi were almost terminal. I've lived the ups and downs and is history going to follow the same path ? i don't believe so as it's a completely different company today and there is value in MJF , the prod licence and the current deep contingent resources. News tomorrow, if so, bacon and egg please,
flawlesskicks: Stuart... It is for every $500million added to the market cap from this point.The share price numbers are a red herring as you need a share price over each level and an addition of $500million.So first payment is when the market cap is at $800million and the share price is over 17p..not when the share price is 17p.
flawlesskicks: "The executive management team of Kuat Oraziman and Clive Carver have, since May 2012, rebuilt the value of the Company from less than $25 million with a share price of less than 3p per share, to in excess of $250 million with a share price of 12.5p. In the event the Company's market capitalisation increases from this point by intervals of $0.5 billion, and that the Company's share price exceeds a scale of pre-set levels, both Mr Oraziman and Mr Carver would each be entitled to receive cash payments of $3 million for each $0.5 billion increase in market capitalisation, representing, in aggregate, 1.2% of the additional market capitalisation created. That these incentives take the form of cash payments while maintaining the link to share price and market capitalisation common in option schemes reflects the particular share ownership and tax positions of the individuals concerned. On behalf of Caspian Sunrise shareholder generally, I very much hope the awards are triggered."
Caspian Sunrise share price data is direct from the London Stock Exchange
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