Gulf Keystone Petroleum Share Discussion Threads

[oilman63] 20/2/2017 09:43

Gkp will not receive $500 mill from the KRG EVER.........FACT.

Not this year or next year or the year after that.

Is that clear enough for you ???

Or have I put a full stop in the wrong place so you can say I am wrong.

Bob you stupid sneering old fart.

[notaramper] 20/2/2017 09:42

Someone missing this morning.Ah yes it's MR FOURPENCE.

[2jester] 20/2/2017 09:40

No net debt = GKP HAVE NO MONEY!

DILUTION COMING BY APRIL!

[oil_investor] 20/2/2017 09:38

willoicc: indeed. I very clearly said "there is a sum of c. $500 million which GKP is due to receive, going forward from production, under standard PSC terms to recover the capital investment in the Shaikan production facilities".

[nestoframpers] 20/2/2017 09:37

Reading isn't OM strong point willoicc as if you didn't know. Great positives there Bob just a shame that the bonds ever got secured on the spurious AB write down .

[2jester] 20/2/2017 09:36

DILUTION COMING BY APRIL!

[willoicc] 20/2/2017 09:31

I think he said DUE TO RECEIVE. Not ABOUT TO RECEIVE.

[fake taxi] 20/2/2017 09:10

Cant think why there would be any negative posters here, clearly everyone has seen their investment flourish over the years and it looks better and better everyday, I mean what could go wrong?


oil_investor20 Feb '17 - 09:05 - 534289 of 534290 0 0
Oh dear.

Sone very bitter and negative posting this morning by non-shareholders. Strange, isn't it?

[tess_tickle] 20/2/2017 09:06

Data room update.

DNO have just emerged after reviewing the latest Reserves Report.
DNO now consider their previous offer of $300 million to be far too high.

[oil_investor] 20/2/2017 09:05

Oh dear.

Sone very bitter and negative posting this morning by non-shareholders. Strange, isn't it?

Especially with GKP having over $100 million cash-at-bank, no net debt, having received two payments totalling $30 million gross from the MNR in as many weeks, being cashflow positive, having production costs which are among the very lowest in the world at no more than $4 a barrel, having 58% of the world-class supergiant Shaikan oilfield, having an easy path to much higher production levels at an internationally low incremental cost per flowing barrel, being within sight of connecting Shaikan to the main export pipeline via the 36-inch diameter Feeder Pipeline which TAQA are currently constructing...and the oil price has strengthened considerably. And the heavier crudes are in particular demand by refineries. And it has recently been suggested that the Kurdistan IOCs may start selling the oil themselves later this year. To cap it off, international exploration is finding no more oil than it was in the 1940s, and oil consumption is broadly ten times the level of new discoveries.

Oh, I nearly forgot. GKP is due to receive arrears payments from the MNR, and there is a sum of c. $500 million which GKP is due to receive, going forward from production, under standard PSC terms to recover the capital investment in the Shaikan production facilities. And the Capacity Building Tax on Shaikan profit is reduced from 40% to 30%, raising the post-CBT figure significantly from 60% to 70%.

[gkphero] 20/2/2017 08:50

Holding for £25 per share here and not one penny more.

[kiltless highlander] 20/2/2017 08:47

Finally, this outfit begins to slide towards the Abyss.

One of the most crooked companies in living memory, in a corrupt cesspit in the Middle East run by cheats and charlatans, pumped and dumped countless times.

No-one here ever had a chance, unless you were on the inside.

This is going bust, anyone still stupid enough to hold will lose every penny.

Just a matter of time now.

Yet everyone had enough warnings from well meaning people.

[phillis] 20/2/2017 07:21

What about his supposed 80 international wickets for the Clodpoles Club?

[jozeki] 20/2/2017 05:02

I can't believe how spastic Stockport idiot really is, it's like a low IQ litmus test, thickness shows in his pursuit of quantity as usual and not content.

It follows on from the silly spam posts that were quickly deleted by advfn, now he focusses his avatars on the tick count, all those fake emails lmao. 'L'oser

It's a great way to live and pass the time during one's semi-retired but sort of still looking limbo.

Poor idiot prints his foot paws, the same lack of thought or substance is exactly what landed him in the destiny of life-changing decisions that saw self-destruction. Can anyone disagree that he is such an unenviable 'L'oser?

[disaster no shit paper left] 19/2/2017 22:24

It's a disaster.

[hearts1] 19/2/2017 22:13

Paul still pretending he's not Dibrenda? When absolutely everyone knows it's him - LOL.