Gulf Keystone Petroleum Share Discussion Threads

[arcadian] 26/7/2024 18:15

For 6 months?

Red has avalid point there and what of the entire local workforce? Were they all planning to upsticks? The truth will out in time.

[theythinkitsallover] 26/7/2024 17:50

“There is no reason to go to the huge expense, legal compliance, to adjust an existing performance based employee award scheme, to a time based deferred reward and retention scheme without very good reason, nor applying a stay bonus to a CEO.”

I mean… it could be seen as trying to keep hold of important staff who are keen to leave GKP and take up positions in other less corrupt, legal oil exporting organisations…

[redbed] 26/7/2024 17:32

There is no reason to go to the huge expense, legal compliance, to adjust an existing performance based employee award scheme, to a time based deferred reward and retention scheme without very good reason, nor applying a stay bonus to a CEO.You would never engage a new CFO in a publically quoted company, that had never been a CFO of even a chip shop( unless it was a very short term transition).And if you were a going independent concern, you would replace his CCO role, they haven't. ( Given his role was clearly selling the company, that should not be a surprise...... ) You also would not dole out new options in precise proportions unless they were a share out of a done deal.The company is obviously sold TBA.However without being an insider pinning a fixed date of RNS, impossible.However the stay bonus for CEO would point to a very near term announcement.

[arcadian] 26/7/2024 17:30

Nor do we doubt the quality of your brain or your philanthropy via numerous aliases and constant repetition. It`s just that the evidence of the financial,political and legal climate makes what you suggest extremely unlikely.

[highlander7] 26/7/2024 16:59

I hope you are right RED, we all do.

Stranger things have happened.

GL

[mmt1] 26/7/2024 16:51

Is that prediction number 500 redbed?

The phrase "even a broken clock is right twice a day" springs to mind...

[redbed] 26/7/2024 16:48

I do not seek anonymous avatars gratitude.I am merely attempting to help retail PI who may not have had much exposure to corporate practices, that the company, by its corporate actions, and inactions is SOLD.TBA.. End of.To whom, on what terms, TBAWhen? Highly likely to be very near term.

[redbed] 26/7/2024 16:48

I think an MBA and a career in Irelands VC community , gives me a bit of a steer.

[theythinkitsallover] 26/7/2024 16:43

“I am merely attempting to help retail PI who may not have had much exposure to corporate practices“

That includes yourself old fellow

[redbed] 26/7/2024 16:38

I do not seek anonymous avatars gratitude.I am merely attempting to help retail PI who may not have had much exposure to corporate practices, that the company, by its corporate actions, and inactions is SOLD.TBA.. End of.To whom, on what terms, TBAWhen? Highly likely to be very near term.

[arcadian] 26/7/2024 15:42

RED

Is. Vs 7

How beautiful on the mountains
are the feet of those who bring good news

If you are right I will kiss your feet in public by way of humble thanks and apology BUT do read the gentle verses of H7 as I think that they are nearer the mark. I can`t see us meeting for a while. July4th came and went and July is almost gone.Like H7 I`ll be waiting for the pipeline.

[redbed] 26/7/2024 15:20

You won't have to wait.Difficult to understand why peeps find this obvious revelation difficult to comprehend.They have sold up@Gulf_KeystoneFor how much and too whom we find out soon.

[highlander7] 26/7/2024 14:40

Arcadian,

It always amazes me that so many investors have bought (sometimes) large numbers of shares in an industry most of them dont understand and in a high risk region such as Kurdistan . Yes the rewards potentially could be great but there is a reason the ICG are dragging their heels over the Oil & Gas Law. So I await the pipeline outcome with interest but I am prepared to wait.

[bang_gone] 26/7/2024 13:40

The CEO has already told the English speaking world that the upside potential is ENORMOUS , and the shares are FANTASTIC value.Outside of breaking FCA rules which he may have in the latter, how can they tell retail the sale is at a huge premium?The major insiders will already know the price being paid , and wouldn't vote it through if they did not believe it appropriate..

[bang_gone] 26/7/2024 13:35

It's not a question of value.The company is obviously sold.What they have sold it for , we will very soon discover.

[arcadian] 26/7/2024 13:33

H7

I did like your 8.12am post so deft but said it all without causing a major backlash from all those who can only see the value being bought out very soon.

[bang_gone] 26/7/2024 13:21

IWNWTBOOTOTW

[pittcock] 26/7/2024 11:59

I'm sensing big news over the weekend.

[nestoframpers] 26/7/2024 11:37

313 buy gold / property or leave the UK.

[herbertsmithfreehills] 26/7/2024 11:35

I thnk LTH are reluctant to believe the obvious - IE the company is sold TBA - as they dont think they will get fair value.
They will.

[redbed] 26/7/2024 10:47

EddieThe pipeline shutdown as Hunt oil said when it started was an attempt by some Baghdad parties to steal the Kurdistan oil industry.It has failedAll the minnows have proved they can survive foreverSo they are not distressed sellersThey are willing sellers at the right priceAnd GKP is SOLD clearly

[redbed] 26/7/2024 10:43

I have done plenty...... For sure..... Buying a company that is sat on huge proven reservesWith 700m produion assets all paid forThat makes a profit even on local salesThat has no debtHas 100m in bankRock solid legal PSCIs not risky..Paiying the Somalian rebel s 250m to drill some holes and maybe find oilIs riskyLOL.Anyway does not matterThe company is clearly sold TBA

[eddie47] 26/7/2024 10:34

I guess risk has been somewhat minimised, for the IOCs, by the enormous accumulation of shares they must have made over the years. In the end Shaikan will cost them diddly squat.

[highlander7] 26/7/2024 10:19

I thought I was pretty clear. Its how the Industry works. ALL decisions on expenditure and profit are RISK based. It has NOTHING whatsoever do with the management or assets.

Do some research FGS.

[ozzmosiz] 26/7/2024 10:00

Use you ISA allowance