London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Yep, 153 well overdue and hopefully not a **** up as was the initial vertical well that flowed @ 500bopd initially or more and then dropped to sub 100. Unfortunately OE is not an exact science and we'll soon know our fate ie back to early/mid 2s but it will bounce providing 154 is flowing @ initial rates. Maybe our Clive is compiling his next novel but my money is on news pre interims.
19,534,214 shares admitted to trading on 13 August 2021 3.2p was pretty much the best buy price, to sell slightly under and dropping, I think 11m gone, and the volume was pumped but has has now dropped off so forced to hold or will wait to pump them out under any news flow.
Well 153 is three weeks overdue, bearing in mind this was a reentry with a supposed simple horizontal 200m extension from a depth of 2200 metres ( within working capacity for any of the G40 or G50 wells ) and any material results i.e 300 + should be released immediately its not looking great is it ?
If it is our rig seller, then he's dumbed 11m @ probably 3.2p+ average so could have amassed $490k and they are still getting c 430 Tenge/$ so they're only taking a risk on $260k, that's small beer and they will know what it's like to be a Caspian investor....lol. All speculation but i'm hoping to wake up to positive news and a new chapter for Caspian as opposed to the historic disappointment. I would have expected far more selling if not positive and i don't believe KO would've played his debt for equity card.
You can cause trouble for them easily, especially when you get groups of like minded people together but it's a b*ll ache . The KO clan run this game and everybody else is a sideshow and do what they're told. KO has now filled the good ship Casper with loads of assets and it's about time he started getting a return from them and we get dragged along for the ride.
No trading of any note and the recent large buys are from peeps i know, not sure about the selling but it could be Mr Rig as you say. Pivotal time for Caspian with next update, let's hope it is the 'Sunrise' moment and we can start having some real banter knowing that we're all quids in. Long overdue !
CC, It is unacceptable to publish crap and they have been guilty of that. We make investment decisions on statements like ' A8 flowing @ 1500 bOpd ' and i added a chunk on that news. We know what the real position is and if there was any more of that stuff going forward, i and others will start creating shoite with the Nomad, FSA etc. Don't want to go down the negative route so hopefully future communication will be far clearer and no Carverspeak !
Probably find out that they side-tracked A8, it's flowing @ 2k bopd and they've been flowing for X days hence the delay on news. We both know that's very unlikely but anything is possible with Casper comms.
Looking at it, he always says " i'm not technical', wonder if it's written by Shin and then translated into English for Carver to release and as Carver never cares what his RNS's read like he has a belly laugh to himself and hits send ?
His comment made no sense at all. Why checking for oil flows...lol the well was blocked with drilling fluid so why the comment ? Have they fracked it ? Surely not as they'd have had to communicate that it had. As you say, more Carverspeak and impossible to decipher some of the commentary and time for Shin to write the technical content.
Great day at Goodwood yesterday and blessed with the weather too.
Interims have peen published between 17th and 28th Sept over last 5 years. It would be good to see some positive news next week followed by the Interims w/c 27/8. The Interims should read positively from a financial perspective v 2020 but the real financial impact won’t be seen until H2 published with increased production on the shallow front.
Never take things for granted with Caspian and worst case would be poor news on 154 eg reduced rates, 153 failure and no SY award. I believe all are unlikely and hopefully the reverse will be the true update. Not long to find out either way.
To further improve the ability to develop assets the Oraziman family have, subject to independent shareholder and regulatory approval, agreed to convert their entire debt of approximately $6.2 million to Caspian Sunrise shares to be issued at a price of 3.2p per share. A General Meeting will be convened in due course to seek the confirmation of independent shareholders to the terms of such a conversion.
"A General Meeting will be convened in due course to seek the confirmation of independent shareholders to the terms of such a conversion.
It has been a long-held objective of the group to be a regular payer of dividends. Accordingly, at the General Meeting referred to above, shareholders will also be asked to approve a capital reduction required to allow the payment of dividends."
£46,080 for a 1.6m chunk of my stock. Let me think about that for a sec, no thank you. Hoping for that parcel to be worth 10 times that by next Spring as a minimum. That does sound a little rampy, let's get 153 over the line first. Must be up there on the rampometer surely.
Correction 1.6m. I hate testing the market with big chunks as i have pressed the 'place order' button when clear or ammend was appropriate, followed by that sick feeling and a phone call to the broker !!
Sell levels as of 10 mins ago
Up to 1m @ 2.912 1-1.3 @ 2.8923 1.3-1.5m @ 2.8857 1.5-1.6m @ 2.88
Not been able to sell 1.6m forever so somebody after your stock. Buy instead of selling !! that should make thins interesting.
That they havent shows you 1.the true cash position 2. Prolly canabillising one rig for spares, the addition of a second workover rig paid for in only stock at such a low price is telling of cashflow and the requirement to workover waxing up shallows.
Our Caspian isn't a leaky ship and no news does not mean poor news. 154 was meant to take 2 months and ended up being 3 so timely operational reporting is not their strong point.
There's plenty of positives that have emerged over last 6 months. 3AB farm in, Barge rental, 154 well, oil price increases, accelerated operational schedule BUT 153 is a really important result for all concerned. Poor result and we go back but will bounce as it will be positioned as an operational **** up and that will soon be forgotten as next well planned and plenty of other material activity in play that peeps will want to be in for. A poor result on 153 probably allows people to add more on the cheap if they believe that MJF isn't compromised by a poor result.
For me, news tomorrow or Thursday and Interims next week. C'mon Carver, don't let us down.