Gulf Keystone Petroleum Share Discussion Threads

[chix_wiv_dix] 17/3/2016 18:05

"In its full year report GKP said it faces “material uncertainties” surrounding its ability to meet its coupon payments of $26.4m next month, and again in October. For 2017 the company faces debt repayments of $250m in April and a further $325m in October."

Material uncertainties are the death knell for any company.

I want to know why so many here believed the multi-millionaire Simon Murray's claims about potential sales of assets - or the entire company - in Feb 2015, when previously they had been outrageously lied-to - and completely deceived - by another multi-millionaire Todd Kozel.

I mean, you would think people would learn eventually wouldn't you??

CWD

[sharesiq88] 17/3/2016 18:03

Sorry Tel, I don't do things like share graphs. It's too frenchboy.

Do you think it will help the bondholders in deciding which parts of the carcass they want?

If so, I may reconsider.

[sharesiq88] 17/3/2016 18:01

I'm not falling off the front page. Sorry.

[tr4v2] 17/3/2016 18:01

This pile of manure not bust yet!!

FFS, VOG the DOG will survive longer.

lmfao


PS - which avatar is losing the most on this heap?

[chix_wiv_dix] 17/3/2016 17:57

GKPhero 16 Mar'16 - 15:15 - 474110 of 474595 0 0

onetomany knows something.

I know something too..................whispers.



GKPhero 16 Mar'16 - 15:19 - 474112 of 474595 0 1

Incoming whispers.

Good news iminent............

[2 risky] 17/3/2016 17:52

What a sorry tale of woe.hate to say it,this reminds me of the dog days of bioprogress/meldex.Genuine commiserations to anyone taken down by this one.

[chix_wiv_dix] 17/3/2016 17:40

bobobob5 21 Jun'13 - 07:06 - 288632 of 473618 9 6

ccr: late last night (around midnight) I was passed some *very* positive opinion about Gulf, which had been obtained yesterday evening by a close friend from a senior Kurdistan-connected industry person. Basically: "do not sell your Gulfs - and wait for the multibagger!" is what the person said.

[scarymonster] 17/3/2016 17:38

What a complete nightmare. Why have they not renegotiated the bonds and pushed repayment back to 2020 or something. We have not missed any interest payments and maybe they could continue to make those and wait for things on the ground to improve.

[eddie47] 17/3/2016 17:34

Wonder how many KRG politicians hold the stock.

[dkmrd] 17/3/2016 17:32

Assets are secured to bond holders.Getting paid is not going to be enough if loans are not extended.

[cutthecagain] 17/3/2016 17:32

Full circle

9p - £4.65 - 9p

There's really very little to say other than:

Pump and Dump

I wonder if Gokana are planning to mop up another million pounds worth of shares at 9p?

The KRG are shocking to do business with. We'd have all been better off investing in a known corrupt country than this shower imo.

Relinquished

Notout is quiet, is he no longer in?

[oliver666] 17/3/2016 17:28

Trying to work out what CEO stands for at GKP. Any ideas, as in space of less than a eyar, he as exported oil, given up 3 blocks, not been able to get the company paid and allows a rogue advisor to be an advisor, and one that as a record of insolvency when acting as an advisor, just happens he is of Kurdish origin and loves to earn £200,000 a year for making sure GKP dont get paid.. thats what is last bonus was for, being paid for not getting GKP arreas payments paid and the current payments..

[the_beagle] 17/3/2016 17:23

The Telegraph were right with their sell advice a few weeks ago. They are now being a bit spiteful imo by suggesting the bonds are due for repayment in April and October THIS year. Naughty!

[1joebloggs] 17/3/2016 17:15

RJ
I think your right
Best to say nowt
What's next...?

[spiccoli] 17/3/2016 17:15

Does Phillis and nicebut still post here?

[bouka1] 17/3/2016 17:13

IT REMINDS ME OF PMO AT 19P, LMI AT 45P, GLEN AT 68P-- HOPE IT PAYS BACK THE SHARE HOLDERS BIG TIME