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Going to ping again and have a go at 4p .

Slowly moving it up and can 3.825p on the bid for 375k max . 160% up from the recent low and well done to those of you who loaded up at fire sale prices. Whether you're in for the short, medium or long term, there's a strong probability that we're all going to make some decent dough. Right news Mr Carver and this gets very silly .

Crude through $79 and the petrol shortage nonsense will be helping to push prices north.

This should slowly move north on the run up to 153 news and the chance of the update on SY/CE and maybe some A8 news. Positive 153 and back to 5p ? SY licence, 6p and CE, back to double figures but the huge catalyst will be that elusive deep flowing. Hype not started here yet and my numbers could be nonsense as blue sky will be a factor if we get the right news.

TT.

Umbetov is on the payroll…..lol thought he was an independent CP, i need to pay more attention !

CC,

You raise many good points.

If they found oil in the Mississippian or Devonian, the flow rates are likely to be much higher and the interest from the big boys will be immediate, especially with Tokayev at the helm. Kaz is corrupt and any big find will see the State owned KMG playing on the cheap.

if they did make a large find, they would provably flog the boat, even if the first transaction is a charter but they will be able to do appraisals.

Agree re the Dubai element but my concern is the Tokayev regime, especially after the BNG Appeal and the tardiness of the licence process. Surely they want operators to succeed as they benefit from the taxation etc.

All pie in the sky until they get a deep to flow but the foundations are in and we have a very good chance of making a few quid.

Off out for a spin to see how many cyclists i can upset on the Surrey Hills…lol Can’t be out long as don’t have enough petrol, entrance the gloating EV driver !!

That’s my biggest bug bear and they have to improve communication if they were to ever move from AIM. Agree, WHI are useless when notified that communication is wrong and Mr Umbetov must be on the payroll !

I don’t believe they get to become a huge O&E company as they’ll be absorbed by one of the big boys with KMG being part of the game. The costs to develop the elephant fields is immense and only a game for the largest players.

Imagine them landing the first commercial we’ll in the Devonian......lol. Where’s the oil going. A 5kbopd gusher and a couple of containers up top.......lol . If and it is IF, they found a large field, they’d have to prove it up with appraisals before sale, they’d have all the infrastructure costs etc so would have to be funded. Still possible with 3AB landing or barge sale but how long will they stay independent.

Nice problem to have but nothing wrong with a little dreaming. As far as we know there’s oil at Airshagyl down to 5300m. It’s unexplored and until they drill it we can hope that they find oil and can commercialise it.

Somm, you’re not the only one who’d be multi, most of the investor base would be .

Also on the divi play, I really don’t get it and still believe it’s a red herring unless they get the share price up significantly and move from AIM minnow to FTSE player.

Deeps please Mr Shin, that’s where the company will be made .

That was a little cutting MrC and not in the arboreal sense.

Only 2 factors oil volume and crude price. Everything else is a sideshow. Yes the barge gives great liquidity as would 3AB if sold, the so would increase significantly but it’s oil production at the best price that’s going to give us the multi-bagging result. Pointless having crude at $30, the price is critical.

We don’t know what SY /MJF will produce but if they can do HDs on both acreages, maybe 5k bopd ? 1.825 billion barrels pa @ $75/25 on a 70/30 split generates significant annual revenue but it’s the deeps that give us the huge returns.

If they rent the barge successfully maybe they have options on 3AB re their 85% as opposed to selling it. The barge cash gives them options and if much prefer that our KO takes his $6m from that as opposed to diluting shareholders !

We don’t know what’s in the depths, neither did the big players when they discovered the Tengiz, Kashagan and Koralev. Could be billions or non commercial but with healthy shallow production and barge rental, every investor will make healthy returns from here. Those who loaded up at the lows are already in clover .

$78.17 for crude and hopefully it breaks the $80 to accompany some more oil production. Already 140% up from low so already a handsome return but many are waiting for the EUREKA moment and maybe A8 is the one, who knows. Let’s get 153 flowing and a little barge deal that will help a tad with liquidity !!

Bit more interest as we run up to next news and the realisation that there's a high probability of success @ 153 and the CE could be chartered.

Get the sellers out on the journey north and hopefully the right news will do the rest.

Done my stint, passing the baton to you guys to see it home :)

Meanwhile crude slowly drifting north. Through $ 77 and maybe we get a go at $80. All good for Casper so let’s get a few more barrels on the scoreboard .

Typo :Oil SHOWS but hopefully flows.

I was there to see the 75p and the demise to 1.5p :-(

Quite simply, nobody knows the value of the deeps until they flow the first one and get the appraisals flowing so they can do the CPR. They've only drilled into the Carboniferous thus far and need to prove up that 58km2 statement. The deeper carbonate structures in the Mississippian and Devonian yet to drilled so a complete unknown. Could be nothing, could be billions but the A8 oil flows are encouraging but we've seen that on every well thus far but no cigar, YET.

CC, all possible but would like to see it become probable then proven. 40km from that little field called Tengiz, another elephant or 2 ? nobody knows. Can't ramp it until Caspian deliver some goods but would be good to have some fun with ridiculous valuations from the 'hot money' brigade and i'll probably go along with it :-)

CC,

You obviously like a cuppa whilst your tweeting. What's our Zak Mir thinking of the current chart. I'm not a TA man but can see very large cuppas at 4/6/14/18/26/45 & 75p, actually bath would be a more apt description. Anything to add ?

https://www.marketscreener.com/quote/stock/CASPIAN-SUNRISE-PLC-4007061/charts/

Somm,

The wheels will have to come off for us to see 2p again. Too much in the pipeline and probably only leveraged players would be likely sellers or forced sellers.

After 14 years, Caspian still have that monkey on their back as quite simply, they haven't delivered success. The deeps have alluded them to date and the shallow campaign is not where it should be, especially when you read the expectations in the 2017/2018 Investor Presentations when it was 24 wells, 8000 bopd and loads of busses, sadly that didn't happen.

The opportunity was huge in 2007, it is bigger now. The BNG acreage is roughly the same size as the inside area of the M25 ! and they are operating in oil rich Kaz. It's not as if they haven't found oil, they have and most exploration wells are duds and P&A'd. The oil is there, they continue to spend money on the remedial work and maybe Mr Shin can make the difference on all the wells going forward.

The pendulum is swinging from risk to reward, that is a fact.

The only way it goes there is if 153 fails, 154 depletes quickly and SY licence not awarded. Always risks CC but the odds are in our favour now and wagers placed. If sp went back to early 2s, people would load up and I have a couple of pals still sitting on the sidelines waiting to pull the trigger but hoping that the sp will weaken. They know my thoughts and train has left the station, we’ll soon find out whether it’s the Rocket or the Bullet.

Back to 2p and I’ll be selling some if my boring divi players like Crest Homes or maybe a few RDSBs and loading it into Casper . Unfortunately it’s not going back there unless there’s a geopolitical issue or they’ve fallen out of favour with the authorities a la Max Petroleum…..aaaahhhhhh.

Northwards fro her sir and let’s hope it’s on the Bullet.

Hopefully there are many investors are excited at the prospect of a major turnaround here.

I still keep feet firmly planted and certainly not counting chickens, this is Caspian after all. As you know, nothing guaranteed and they need to deliver 153 and SY licence as that takes the company into a very good position. The barge commentary was promising and personally I believe that happens as it will be required now OE is happening in the N Caspian.

3AB also could be a huge revenue generator but the company makers are the deeps. Can our new COO make the difference ? lets hope so.

Nothing guaranteed but this is now a very attractive play taking into account recent developments. Shallow production increasing and barge revenue are likely, if that transpired then we make money from here and everything else is a free ride and we’re fortunate that some of their assets are company makers.

We’ve talked about £1 party, many would think that extreme as Casper would then be a £2bn company but it could be far greater than that dependant on the deeps and that’s part of the excitement.

KO planned debt swap timing was a pretty good indicator of what’s to come.

1 bag or a 100, we make money here.

…lol

Cc,

Mr Rig could’ve dumped a few million this week when market was well bid and hasn’t unless late reported sells to be posted. Why ? They know that CE could generate millions as can 153 so they’re probably in the long camp as of now.

The A8 news fell on deaf ears and I’d wished that they’d published a bit more data on the intervals that had oil shows in the mud logs. A5, our first discovery, the sp went 8 times on the mention of oil shows !! The seismic has obviously been misinterpreted as they didn’t expect to find oil between last TD and 4840m. Maybe a gigantic see if oil, part of Tengiz …lol .This is why we invest in OE minnows, especially in geography where elephants have been discovered. Oil all the way down to the Devonian ? why not but can Mr Shin change the outcome to get it to flow ?

153, SY and A8 in short order, maybe CE deal. 1&2 would be great , 3 would be fantastic, 4, a company maker.

Meanwhile crude doing nicely at $76.

Loaded up CC....lol

We're not quite in ramp mode yet and hopefully we get more ammunition to talk positively about NAV and future prospects. Proven results will build sentiment and we will get blue sky factored in, absolutely sweet FA currently. Old KO swapping debt, that was definitely the trigger to add a few more Caspers and maybe 2021 is the year that they finally started the rise to mid market OEP company, long overdue.

The conversation re CE is with an International Player so probably Chevron, Exxon, Total or BG maybe. Likelihood is that they'll flog the barge and if so, the number must be $75-100m at least.

TT.