Caspian Sunrise Takeover Rumours (CASP)

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Caspian Sunrise Takeover Price

Caspian Sunrise Takeover Forum Posts

Edit, 21% to be more precise. The remaining stake will be profit BUT not until it’s cashed up ! I will probably take the base stake plus some profits but depends on development. I’m hoping for the takeover that will obviously change decision making. All up in the air, nice problem to have.
Just a thought, could there be a bit of a reverse takeover strategy potentially going on here, without any hint of breaking the Aim rules of course?
The cycle of boom/bust has always been the bogeyman for the small explorer. The multinationals overproduction causes a glut of oil and gas production which brings the price of oil down below break even for many explorers then the big boys cut back on exploration and use up their reserves to stay solvent while the small companies either go bust or dilute to stay in business. The small companies that survive then become prime targets for takeover as the multis' rush in to replenish depleted stocks. I believe we are at that stage again now so that any tiddler with a big discovery on their hands will be able to name their price in the months ahead.
I'm sure our KO and CC will want to deliver a positive update pre the presentation tomorrow. The rumours re fund raiser and takeover are absolute nonsense imo although they both will be on the table at some point in the future. The biggest fear for investors is the A5 commerciallity and down to Casper to deliver that. If A5 flows at 3500 or more then the credibility of the company increases and so does investor confidence and the blue sky ramping will be part of the game going forward and also factored into the sp. The only way we lose if the whole story is a fabrication a la GKP or one of Leni's emperors new clothes stories. Going north guys and gals, hopefully you've all got your tickets. Tick, tock.
Steve there is no suggestion of a takeover. What CC said was if the next two deep wells come in, the additional shallows, production rockets and we are receiving world prices then there might be some interest from bigger oil companies. Anyway with four people “Owningâ€￾ the company it will not be sold until they are happy with the price and my guess is they are looking for billions not just hundreds of millions. As for why there is selling, as I understand it that has always been an issue and without any institutions the marginal price is set by the last seller looking to sell £1000 of stock. Good results will fix that over time.
Should have maybe expanded on my thought process to my question above. Just can't get my head round why anyone would sell at this point when A5 flow test is imminent (roxy/casp imminent that is). Have seen the sp suppressed when placing are on the cards but not on possible takeover.
JOG looks interesting as an investment but i don't like costly subsea exploration and would prefer to be in HUR over next 3 years. On the face of it -; SP - 255p 25m m/cap Shares in issue - 9.95m Jumped from 50-340 and back to 255. Latest find from sidetrack @ 25m recoverable in immediate vecinity to well bore but believe gross recoverable of 130mb. Haven't checked cash position etc but i suspect that this is a takeover target as they will have to raise lots of ££££££££'s to fund next phase. Worth a little more investigation. Smarty
Wild thoughts feeding the Paranoia and adding to the superstitions etc. ‘ Merged company is coming good, and has no use for previous monies from directors used for supportive loans. ‘ So say KO has US$10 million burning a hole in his pocket and KS has the balance of the facility which was on offer to fund the drilling operations. Then there were the collection of other Almaty friends who are shareholders and provided loans in the past. ‘ The possibility therefore exists to fund a takeover of another Kazakhstan oil company which maybe on offer at a knockdown price. Perhaps one of the Baverstock holders may be have one ???. A rights issue could be used to fund it. The Almaty set could afford it and maintain their percentage. It justs need a beauty parade to persuade the others to join in to the bigger better company. ‘ When mean silence becomes generous sweet talk ideas flow which are ALL VERY FANCIFUL I KNOW !!!
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