Gulf Keystone Petroleum Share Discussion Threads

[zorsupas] 17/3/2016 09:13

Nor, above all, assume that the motive is bent.

[sharesiq88] 17/3/2016 09:13

As always, this page is ahead of the curve.

J0ck ewing tipping Paul Daniels untimely demise way back in January.

[gkphero] 17/3/2016 09:12

Mr Roper, equity holders can't bend over anymore ffs.

We are 10p away from GKP being worth........wait for it............nothing at all.

Well done all involved here.

[zorsupas] 17/3/2016 09:11

stucom, the caveat is this: If you can get 15x your money in 9 months somewhere else, go for it.

[oilman63] 17/3/2016 09:11

Sheep Shagger you sound sore.

I don't need a new pair of shoes, just got some 😄👍

[zorsupas] 17/3/2016 09:10

NoR, to take the blame. The technocrats will not be career politicians/leaders, and won't stand or fall based on popular ratings.

As I've said, the IMF doesn't work for nothing. It's going to exact quite a lot from the basic Iraqi (who won't understand that he'd be dead otherwise).

Later, the same scumbags will resume their seats in the cabinet, shaking their heads and promising their followers that they'll never again allow foreigners to run the Iraqi economy.

However, Iraq will cease to exist in all but name this year.

Not our problem. We'll have sold for a profit by then.

[nestoframpers] 17/3/2016 09:09

IS it due to the elected PMs been too bent Zor ?

[stucom] 17/3/2016 09:09

My brain hurts,I should buy and hold gkp (whoever they are) cos in 9 months it will get me 170p? Right...do I add a caveat with my buy?....Zentastic.any more nuggets?

[gkphero] 17/3/2016 09:09

Why is Jon and the BOD pulling a salary here?

It seems they are a waste of air imo.

[olieslim] 17/3/2016 09:08

All stoplosses cleared.

Bring on the payment RNS.

[nestoframpers] 17/3/2016 09:07

Will the KRG cut off it's nose to spite it's face and PO all the foreign investors , they might do .

[mr roper] 17/3/2016 09:06

equity holders should get ready to bend..

Looking forward, the Group faces material uncertainties relating to its ability to meet the significant coupon payments in April and October 2016, as well as the debt repayment of $250 million in April 2017 and $325 million in October 2017, as discussed further in the going concern section of the "Summary of Significant Accounting Policies". Continuing the wide-ranging Strategic Review which began in February 2015, we are actively considering our options to strengthen our balance sheet and secure new funding, including balance sheet restructuring, capital raise, and acceleration of MNR arrears payments. Separately, and in accordance with our commitment under the terms of the guaranteed notes, from 23 October 2015, the Company entered and is continuing discussions with the representatives for the noteholders.

We recognise that, given the Group's debt burden, the current oil price environment, the geopolitical challenges in Iraq and, as a result, the low likelihood of an asset transaction in the near future, obtaining alternative funding and restructuring the Group's balance sheet is essential to the Group's ability to continue as a going concern.

[attyg] 17/3/2016 09:04

It strikes me that the dream of independence is well and truly on hold.
We have the the major oil producers in Kurdistan announcing declines in oil production - but suggesting how easy it is to lift production markedly - with relatively small amounts of capex. However, that capex will not be invested by anyone - anyone - until the payment mechanism is absolutely clear.
I go along with Zor.
The only way that will happen is with SOMO and the IMF.
As many have already pointed out, it will become clear this calendar year - and probably before June - whether or not GKP will survive. It is in the hands of the KRG.

Forgot to add: Does anyone else feel that Genel and GKP are endeavouring to put some pressure onto the KRG to get the financing in order.

[nestoframpers] 17/3/2016 09:04

Zor tell us why they need Techno's please.

[zorsupas] 17/3/2016 09:03

Oilman never does what he threatens. Lately, he's been threatening to make himself scarce. All he did was get more paranoid and angry.

[asaiya] 17/3/2016 09:03

In case anyone is sharing a brain with zor sipas....

Don't a listen, he is having bad track record.

Xoşbext bî

[dafydd123] 17/3/2016 09:02

Tony, I'm in a very comfortable place. It's called "In Profit". I hope those shoes are comfortable as you won't have the money to buy another pair for a while.

So, did you ring 1712's boss to berate him? The kind of thing you were accusing Waterhouse of doing? Maybe you can walk to his office and shake people's hands?

[zorsupas] 17/3/2016 09:01

In case anyone is sharing a brain with stucom...

Don't sell Mx Oil yet. Wait for further instructions.

[duxy786_2] 17/3/2016 09:01

Where is Bax the pr@ now?Did say @ 10p, buy on fear. Buy, hold, add, repeat.Duxy786

[asaiya] 17/3/2016 09:00

I know what a-saiy-a - you is wrong.

Xoşbext bî

[zorsupas] 17/3/2016 09:00

Nor, you're looking at the wrong stuff. The GKP board is not in control of the GKP fate.

[zorsupas] 17/3/2016 08:59

stucom, by George, I think you're getting it! Nobody can realise a profit from Anadarko's phenomenal rise until they sell.

I SAY DON'T SELL UNTIL IT HITS $51.

[nestoframpers] 17/3/2016 08:58

GKP webcaste at 2pm.