Gulf Keystone Petroleum Share Discussion Threads

[shortsqueezer] 19/1/2022 16:06

It is inevitable. Hence trying to screw the last shares out of retail before it happens.

[goatcam] 19/1/2022 15:55

oil approaching $89... breakout for GKP imminent

[pensioner2] 19/1/2022 15:43

Or maybe they've stuck an rns in the system. The anointed ones would know if they have.

[mr_todd_f_kozel] 19/1/2022 15:29

They are really throwing the spread around today.And looks like another big day volume.Update due any day now

[pensioner2] 19/1/2022 15:05

Is that one big order being put through in small lots so as not to spike the price?

[highlander7] 19/1/2022 14:54

Bloomberg...latest

When, not if

Continuing on the rising costs theme, some traders now see oil at $100 a barrel as a matter of when, not if. Global benchmark Brent has already rallied 25% since November, and is holding above $88 a barrel this morning. Strong demand from Asia, the unwinding of pandemic restrictions, OPEC+ continuing to struggle to meet its own production targets, and security worries about supply are all helping the bullish outlook. The International Energy Agency in its latest report published this morning boosted its consumption forecast by 200,000 barrels a day.

[pensioner2] 19/1/2022 14:53

Greedy spivs feasting on this giveaway price.

[goatcam] 19/1/2022 14:13

H7, it doesn't really matter as the oil is being re-routed around the damaged area so its still flowing. But yea, shouldn't take long to repair the damaged section.

[highlander7] 19/1/2022 13:51

The pipeline isnt really an issue. It sounds like replacing one pipeline section of (typically ) 20 metres. Just seal the gap with a couple of pigs. Bury the Oil, clean
up the original line and reweld. It would take us here in the UK about 3-5 days.

Might take them a bit longer if they havent got the new section. However there are plenty 3rd Party trained pipeline welders in Kurdistan.

H7

[goatcam] 19/1/2022 12:56

Not long now.

I read that Turkey has some very large gas contracts that expire in 2026. If the KRG pull their finger out, it is believed they could become a bid rival to supply turkey with gas instead of russia and iran. Time is running out.

[thebabe] 19/1/2022 12:13

THey have known a deal is coming for 3-5 years................this has been a takeover in waiting ever since restructuring
That is why this has never been allowed to break out north and stay north.

[thebabe] 19/1/2022 12:10

the FDP will require probably 500-1bn dollars - which will be financed ( IF THE COMPANY WERE TO REMAIN INDEPENDANT ....NOT :) ) by RBL/new notes/CB/JV

The current major shareholders will want their payday before that process starts.

[goatcam] 19/1/2022 12:08

When they know a deal is coming, they will do all they can to push retail out and get their dirty hands on your shares.

[thebabe] 19/1/2022 12:04

When a stock is as hugely valuable as this one is , obviously.
Would the market ( which is controlled by big money) , want retail to buy and hold, and ultimately share in the company sale proceeds, or want to drive them out, so far as possib;e, patiently and relentlessly?

[shortsqueezer] 19/1/2022 12:01

Once the FDP is formally approved we should then get to know where the cash will be used I guess. There's a lot of news backing up now.

[wolfofhounslow] 19/1/2022 12:01

Money moving into genel ?

[thebabe] 19/1/2022 11:42

Imagine you lent your son/daughter a 50,000 pound deposit to buy a 200,000 house 5 years ago and guaranteed the 150,000 mortgage.
Now they have leapt up the career ladder and earn 150k per annum and the house is now worth 3250,000.

They can now re-mortgage comfortably 250,000 ( changing their capital structure)- and give you back your £ 50,000 equity ( perhaps with an interest sweetener to boot)

This is where the company is at .............it should now have far more debt
( comfortably affordable )and return a huge lump to shareholders either by large one offdivvy, or better by buying back 2-300m of equity , in the market , or better still use the extra cash to pay a third party ( who has been buying in stock for them for 2-3 years hopefully) and take the stock to Treasury.

'optimise capital structure' means the above.

[goatcam] 19/1/2022 11:33

Yes true - i don't want to get too carried away though!

[pensioner2] 19/1/2022 11:28

I would think it would be over $400m in the coming year, GC and if Brent goes to $100 then over $500m.

[goatcam] 19/1/2022 11:25

Would not just be nice to know what we are going to do with the money we have now, but also what the plan is to do with the $300m + that we will receive over the next year....

[shortsqueezer] 19/1/2022 08:55

Meanwhile it created a good buying opportunity here. Onward and upward