Gulf Keystone Petroleum Share Discussion Threads

[gkphero] 13/10/2016 09:40

The share price was roughly 40p when Jon took over.

[gkpzero] 13/10/2016 09:39

......and take the car bet!

[1712notout] 13/10/2016 09:38

Well given theirs 1 p on table currently
Picking them up at 0.5p would be fabulous
Keep on playing on

Huge buy👀👀;😎😎😎😜
28540;😇€519;😥㈆4;😇😎😡💪👍

[tess_tickle] 13/10/2016 09:36

Pursuant to the terms of the Restructuring, the Company will issue $100 million aggregate principal amount of Reinstated Notes to Guaranteed Noteholders.

So,

When GKP can't pay these reinstated notes their cash back, guess what will happen.

[mr roper] 13/10/2016 09:35

just wait and pick them up at 0.5..if you really want to be part of a Ponzi in korruptistan

[oil_investor] 13/10/2016 09:31

GKPhero:

Lobo's calculation is about right.

20/9 x 0.8314p = 1.848p

Add that to the 3p: 4.848p

Divide that by 29/9 (1 + 20/9) and you get 1.50p

Of course, it varies with the individual, so that's just an average.

At the capped 180/9 maximum oversubscription, the sums are:

4.848p (from above) plus:

180/9 x 0.8314p = 16.628p

giving 21.476

and that relates to 209/9 shares

hence the average is then 0.92p

So there's a spread from 3p (those not participating in the Open Offer) to 1.50p (those taking up all their 20-for-9s) to 0.92p (those taking up all their 20-for-9s and the full additional 180-for-9s)

[mr roper] 13/10/2016 09:30

lardner,
What was the share price with TK aon entry to Kurd and when he left?
What was the share price when JF joined and now...?

[lardner23] 13/10/2016 09:27

Mr R,

TK v JF: 50/50 ball, ref?

And don't forget the period when the master stroke of securing the Notes was decided on. From memory neither TK nor JF were around at that point. Amazing really how so many errors have been made by so many different people ;)

[nicebut] 13/10/2016 09:21

Fe11,

Are you multiplying the share price by 23bn shares though? you then get a bit more that £18m...

LOL

And I`d just like to point out the share price is below 1.5p as predicted by you know who....LOL

I thank you!

[daisy duke] 13/10/2016 09:20

'zor has been quiet recently.

Come back zor and give us the wisdom.'
--------------------------------------
GKPhero -zor has as much wisdom as a tooth, he is a mere 'toothsayer' not to be confused with the homophone, soothsayer meaning oracle or fortune teller. No wonder oil_investor is a believer! Oh dear!

[ccr1958] 13/10/2016 09:20

30p target ...That`ll do for starters !!!

[gkphero] 13/10/2016 09:20

Agree Mr. Roper, Jon F has been the worst CEO I have ever witnessed.

Where do they get these clowns from?

[lobo] 13/10/2016 09:16

jb,

I've just done a quick calculation. (disregard trade cost etc)

If an investor was holding at an average of 3p at the time of the open offer and then took the 20 for 9 @ 0.0083p. The investor's average would now be 1.55p.

Just about today's buying price.


...and that's on d-day-1

[mr roper] 13/10/2016 09:15

jb, ferret has done more damage than tk

[gkphero] 13/10/2016 09:09

zor has been quiet recently.

Come back zor and give us the wisdom.

[daisy duke] 13/10/2016 09:02

Oh for heavens oil_investor! The idiot with strong confirmation bias, still in denial posting like a postman high on crystal meth! Even with the price below 1.5pence! it just goes to show how this train of thought has been a very strong impediment to rational thought and a best friend of wealth destruction, especially to the sycophant 1712! Oh dear! No, no, no - learn about market rhythm not the beat of the 'barrel polka' - that ain't fun!

Make no mistake. Simple market economics will mean that demand will dry up when new shares come to market. Investor demand will not be strong enough to absorb the new issue. As is always the case with open offers and rights issues, the price will eventually trade near the offer price sub 1 pence. Forget a theoretical ex-issue price.

Where's the fool zor('170p at least by year's end')supas? - what a clown!

"California girls
We're unforgettable
Daisy Dukes
Bikinis on top
Sun-kissed skin
So hot
We'll melt your popsicle
Oooooh Oh Oooooh"

Daisy Duke - The Shortest of Shorts - Copyright © 2016

[gkphero] 13/10/2016 08:50

Jon F has went very quiet of late.

No GKP TV for months.

[oil_investor] 13/10/2016 08:47

GKPhero: indeed.

boots nicely filled

new management structure apparently around the corner

oil price strengthening

payment of arrears due under IMF/World Bank arrangements

likely resolution of at least some of the KRG/Federal Government oil and revenue issues

10-mile 750,000+ bopd KRG Feeder Pipeline due to connect to Shaikan

ISIS being routed

easy uplift to Shaikan production

Crestal Energy presentation letting the cat out of the bag

Open Offer oversubscribed (and that is far from the norm)

somewhere around $100m cash

only $100m of fairly low-cost bonds post-restructure

agreed facility to defer the payment of interest

conventional wildcat exploration worldwide finding only about 10% of the oil being used

various investigations underway into certain KRG and oil company issues

[1712notout] 13/10/2016 08:47

Well JB
It gets swallowed and consumated
In which case a effectively debt free e and p with huge reserves
pumping soon 55k all kit paid for is available at massive discount to value

Or it gets put back in the medicine cabinet for m and a

Either way huge buy
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