Share Name Share Symbol Market Type Share ISIN Share Description
Caspian Sunrise LSE:CASP London Ordinary Share GB00B1W0VW36 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 5.75p 392 08:00:00
Bid Price Offer Price High Price Low Price Open Price
5.50p 6.00p 5.75p 5.75p 5.75p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 5.61 -2.48 -0.21 104.9

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Date Time Title Posts
21/3/201909:16Caspian Sunrise8,422
07/1/201914:05Caspian Sunrise 2019 -2021276
08/3/201809:50good update4

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Caspian Sunrise (CASP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-03-20 17:09:385.7550,0002,875.00O
2019-03-20 15:15:495.6310,000562.50O
2019-03-20 11:44:015.6397754.96O
2019-03-20 09:13:115.633,745210.66O
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Caspian Sunrise Daily Update: Caspian Sunrise is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker CASP. The last closing price for Caspian Sunrise was 5.75p.
Caspian Sunrise has a 4 week average price of 5.45p and a 12 week average price of 5.45p.
The 1 year high share price is 11.38p while the 1 year low share price is currently 5.45p.
There are currently 1,824,327,552 shares in issue and the average daily traded volume is 1,206,499 shares. The market capitalisation of Caspian Sunrise is £104,898,834.24.
flawlesskicks: Toggle... I say this all the time. How are the majority owners going to make money from casp? 1. We get to the point of dividends and they have 29-49 years of dividends and the share price rises to reflect the yearly payments. 2. They sell to a major for £2billion plus and walk away having made a killing. They can't sell on the open market and they seem quite keen to keep picking up as many shares as they can... People getting twitchy about the share price need to read adrianz post on LSE. That is pretty much the situation. Mms can do as they please when only 0.01% of the company shares are traded on a daily basis! We need volume to return as the news flow picks up. Until then, we have very little control on what happens to the share price and it is certainly not a reflection of progress by the company.
flawlesskicks: DB - I agree with you. I have not seen dishonesty from the management. They have bankrolled operations since 2007....not once going to the market. Their main principle is to give maximum shareholder value with minimum dilution and to date, they have done this. They are buying up options and buying shares on the open market. When the share price fell this winter, instead of asking for double the number of shares for the 3AB asset, they halved the cost to casp keeping the number of shares the same! When the Baverstock merger took place, they converted at the going price and behaved with total honesty and clarity at a time when many said they wouldn't. They also converted all loans to shares at that time. There are several times over the past few years when million of $ in loans have been written off by KO to the benefit of CASP shareholders. I have been doing this for 12 years Roy, and unlike you - I have not lost £200,000. I have made money and will make a lot of money here. I have patience in spades Roy. I waited 7 years for SOU to come good. I am 38 years old and pretty much retired (I work on my Business for fun rather than the need to). I see now why you are negative after past experiences but CASP is going to be a success. Our CEO has 800million reasons why it will be a success! Always follow the money and if management are buying big - BUY WITH THEM.
flawlesskicks: roy - yes, and I have given my views as to why I think the delays have happened! All in the name of good debate. Did you see that someone from LSE actually created an ADVFN account to come on here and try to bad mouth me and then put me on filter? Very mature over there! I have written a lot about why the delays have taken place. Everything from 3AB to the MJF full licence and payments we would need to make based on oil produced in 2018. The share price has nothing to do with reality on AIM - for any companies! This is why we need to move to the AIM 50 and start trading SETS to avoid manipulation. The employment of Tim is exactly for this reason! Again, I have written in detail about all of this. I know A LOT about CASP and have done considerable research on the general area, licences and even Soviet times! To just label me as a 'ramper' because I am positive here and can see through the mm price distortion is a bit harsh! I've been here for 6 years and probably have more shares than most other holders here. Between myself, George and Richyp123 , we have over 10 million! Don't base your opinions of CASP on the current share price imo. It has not been dropped due to some bucket shop dilution - it is a buying opportunity as it is a REAL drop for no good reason! If anything, we are much further along than we were in the Summer when the price hit 13p! Work has carried on and the Spring season is almost here allowing lots of time to flow our FOUR deep wells! You show me another AIM oil explorer with FOUR deep wells with the potential to flow 18k bopd by the end of the year?
flawlesskicks: Spangle I don't think it does vindicate anything! This is AIM, and the future prospects of a company MUST be taken into consideration due to the potential growth found in AIM when compared to say FTSE250 companies. We know that Galaz was sold for $100million. It had very little oil production and only a couple of drills were completed there including a deep that didn't find any oil. That gives you an idea of what BNG might be worth in a 'fire sale' as you put it. I would expect the value of BNG to be $300million currently with what they have already booked in and potential. MJF already has 6 wells with a capacity of 2000bopd. We were only at 1600bopd AVERAGE due to testing at 146 and probably due to shut-in periods over the Xmas and New Year's holidays. I agree that an international licence is needed to unlock the true value at MJF but this has already been applied for and the management expects a quick move to international prices. Even without it, the 2000bopd production equates to $15 million of free-cash a year. At an 8-10 multiple, this ALREADY covers the current share price. Once that licence is granted - $30million free-cash without the 10 x future wells. This means potential for a 100% rise in the share price on licence grant. PANR - VOB1 produced 500bopd in testing - we are getting double that from 143 on MJF and you simply can't compare this flow to the 3,800bopd produced at A5! The PANR wells are fracked as far as I can see and the production cost will therefore be around the $70 a barrel. So again, their breakeven point is nowhere near that of CASP! Once our deeps flow, they will generate huge amounts of free-cash. I have taken a very long, hard and critical look at CASP over the years. I understand the challenges they face and have never expected instant results. What I do understand is that they currently have a shallow field that covers the admin costs of the company. During this year, we look forward to: The international licence on MJF 10 x new wells on MJF The outcome of work on 801, A5 and A6 (fully paid for deep wells with huge potential) The outcome of A8 - Targeting up to 1000m of oil Spud of A9 and A10 allowing a deep CPR and a lot more! Yes, much of these items are 'potential' but they are not pipe dreams. The deeps are already drilled and the oil is there! The shallows are producing and can expand. The full licence has been applied for! Value must be attributed to these items to some degree and at 6p - there is none attributed at all! Current production at MJF even without the full licence gives us $15 million free-cash per year and more than covers the 6p share price. Any good news from here will send the share price towards the 20p area. I'm not sure that there is another company on AIM with the potential to get to 20kbopd production within 12 months and that has free-cash of $40 a barrel! That is a serious, serious prospect for a patient investor!
spangle93: Hi FK - I'd set my stopwatch to see how quickly you came back with a response, - 32 minutes to find, digest, and respond with a post that length was impressive ;-) The door was open for rational discussion of current value, and perhaps acceptance that for all its promise, the market cap isn't underpinned by much that is tangible. Instead your post 7242 entirely vindicates the case that the share price at CASP more than represents its current position - all your arguments are based on future events, or conditions precedent.... another 10 wells, successful test production from the deeps, a licence to allow sales at international prices, maybe M&A, maybe AIM50 listing, whatever benefit that might bring, .... You're correct ref 3AB, I'd read the wrong paragraph in the RNS. Sadly it works against your argument, in that there's half as much implied value in 3AB as I'd described! ;-) "PANR - Expensive production and their wells didn't produce oil???" - exactly the same as the deeps here, hence my analogy. Both companies produced wells at good rates for a short period, but could not sustain this production. I'm not making out that PANR was any better than CASP, heaven knows it's been a similar frustrating ride until recently, just that it had a much lower market cap for a similar operational position and much higher volumes. God forbid that in a year's time CASP will be worth a maximum of 6p/share, though if progress in 2019 is as glacial and unsuccessful as 2018, it won't change. None of us expects that, based on what the company has alluded will happen. I too look forward to the day when the deeps flow, international prices are received, funds are spent on growing production, value is found in 3AB, and CASP doesn't need to be permanently ramped by its management in RNS's and the LSE BB to try to support its price. That's why I remain invested here. But it often pays to take a long hard, critical look at a company. It's certainly what fund managers do - they remove the "if this happens" and "if that is done" ask "what is the fire sale value" and that's the comfort they look for when investing. It will be interesting to hear what other regular contributors think
flawlesskicks: Spangle - let me answer your points. Firstly, CASP have very low production costs at BNG. When MJF goes to international prices, they will be clearing around $40 per barrel produced. Currently, around 1600bopd with 5 wells (146 will add to this). Say they have 1800bopd @ $40, this is equal to $26million of free-cash per year. That is the current situation and at a multiple of between 8-10, they should have a share price of $208-$260million (just for MJF). We are then told that they are going to drill a further 10 wells this year and double the production giving around $52 million of free-cash per year. This is pretty much guaranteed news flow over the coming year and will leave us financially stable. Then we have the POTENTIAL to flow FOUR deeps over the next few months - one of which has already flowed 3,800bopd for 15 days! That is one of the best land-based oil wells I have heard of on the AIM market - we have another already drilled and a third targeting even more oil at a deeper level! The 2P reserves at MJF were carried out at the end of 2015 and based on well 143 only! Since then, the field has expanded to being more than 10sq/km. Reserves are based on barrels of oil - not the price that the company get for them? The wells are being drilled this year as the company have been waiting for international prices imo. CASP did not pay $24million for 3AB. At the current share price, $11million was paid for the asset. It is part of the overall plan to expand CASP to be the 4th largest oil producer in Kaz. It may or may not be a good purchase but I think it is value for $11million. At 6p, I think the price is an absolute bargain with $26million of free-cash once the full licence is granted. I would expect 100% rise in share price once the licence is granted. As the 10 x drills are completed, I would expect the share price to double again - and this is without the deeps. BNG is all about the deeps and it sounds to me like 2019 is the year when they will flow. Lots of positive noises from the management and KO holding almost 800million shares - recently buying up all his 4p options with EL etc bodes very well. We do need to make progress this year but I think the current market cap is very cheap (once the full licence is granted and based on the potential for this year to be an absolute cracker!).
xclusive2: 2018, a very poor year for Casper. The only positives were the production licence and a flowing A5 which shows the deep potential if they can get them to flow.Encouraged by EL's purchases and hopeful that 2019 will be the turning point.Can't call a share price for 2019 as I've been wrong for 11 years. One deep success is all they need and the hype will be silly, the share price will get ahead of itself but momentum may be sustained as there are 2 other deeps in completion phase and A8 being drilled.Conservative number 30p, blue sky 45p without A8 hitting an elephant.The priorities are to get the production licence and to ensure MJF progress continues, that in itself will see the share price double from here. The deeps will be the catalysts for the real share price growth.All lth's, i believe this is going to be our year.Happy New year .Smarty
togglebrush: Trading History of a busy period ' Redistribution of shares in Kazakhstan began in October 2017 for local Tax reasons. Week before key date the trading volume was 985,477 or under 1 million which was above average at time ' Key date was 23 Oct 2017 then volume hit a high 33,205,564 OHLC prices 9.75; 17.13; 9.75; 13.50 with record high share price in recent times ' Daily trading volumes, except for 21st Nov, were in the millions until 22nd November 2017 on that day we hit the all time high of 55,050,444 OHLC prices 10.75; 12.50; 10.75; 12.00 ' Volumes in period, except 23rd Oct and 22nd Nov, were in low millions. After 23rd Nov they dropped to more normal levels past 1st December, Public Holiday in Kazakhstan, to an RNS 14th Dec (5.8 million OHLC prices 8.25; 9.75; 8.25; 9.50) and then they dropped further to seasonal lows until 27th December ' Recent trading v similar weeks in 2017 week 05 to 09 Nov in 2017 was _9,817,265 against 2018 _7,032,517 week 12 to 16 Nov in 2017 was 11,331,809 against 2018 10,079,983 which considering recent history of trading these weekly volumes are pretty similar. ' LOOKING AHEAD ….Past performance is no guide etc … but NEXT week we have the anniversary of the all time high volume Following week anniversary A5 well Flow Test RNS volume of 8,361,599 OHLC prices 11.25 ; 11.50; 11.25; 11.50 on 27th November 2017 ' FWIW RNS History 20 Nov 2017 07:00 Caspian Sunrise plc - BNG Operational Update 27 Nov 2017 07:00 Caspian Sunrise plc - BNG Operational Update 27 Nov 2017 08:48 Caspian Sunrise plc - Shareholding Update 14 Dec 2017 07:00 Caspian Sunrise plc - BNG Operational Update 04 Jan 2018 07:00 Caspian Sunrise plc - Operational Update
hallow: Clive's prophecy being played out here in real time. AST we'll be with you soon, just wait for the CASP share price to come down a lot further.
togglebrush: A view on positive news may be controlled due to completion of 3ABest which is being done at a fixed price. A similar routine happened before the Baverstock merger. It may be that back room support is being made to maintain the share price at or around the 9.5pence share price. This to support the large number of Kazak shareholders came with that merger and may be involved in 3ABest. Hence no drop in price is seen. The Baverstock merger was delayed due to getting the government in Kazakhstan approval. A suggestion was also made that the International Oil price agreement would be Free and not subject to charge was due shortly. It possible that the office are playing a waiting game to a achieve the Free agreement to International prices or are frustrated by bureaucratic red tape. I would suggest that it not only at the Well head that there maybe troubles but a more complex hand of interactive cards. KO is being careful not to show one card which may effect the rest of his hand of cards. IMHO Simplified hand of cards At the Well head ' Shallow Wells__ Cash Flow needed and require Licence for Inter Prices Deep Well exploration ___ Key to success in medium term __ any report moves stock 3ABest ___________________ Licence Required to complete OIL Traders ______________ Their finance still required __ keep happy Government _______________ Fees and Taxes required ___ wait for Free Inter Pr ' Office handling Stockholders ' Inner Circle (some 70%)______________ Neutral at moment EX Baverstock & 3ABEST some (12%) ___ Need Share price right Possible 17% London based _____ Need News to move share price
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