Gulf Keystone Petroleum Share Discussion Threads

[withoutt] 13/10/2016 12:24

Re CJ I wonder how the donkey is, or did he leave us with the donkey.😂9297;😅

[withoutt] 13/10/2016 12:22

Ccr1958

Beats me as well,not just today it's been going on day in /day out since the CCase.

[gkphero] 13/10/2016 12:22

I want Chicago Jack to give us a hold for $60 per share post.

[cutthecagain] 13/10/2016 12:21

Terry, incidentally after trying to supposedly "help" shareholders by encouraging then to remain invested he finds it preposterous that those advising to sell would only do so by motive.

So if one can not be a Good Samaritan on the blogs with buy or sell recs, what has his motive been since 2011? It's not even as if he had much money in it himself for it to matter.

[mr roper] 13/10/2016 12:19

who started the "accumulation theory"?

[hearts1] 13/10/2016 12:18

There are 27m shares traded, surely after the last 6 years of Mikeys ' look at the buys ' accumulation, you would understand that it's pointless looking at them as individual buys or sells, certainly given the AT trades.

[ccr1958] 13/10/2016 12:18

Yes Hearty, but that's not low enough for you ,good luck trying buy tomorrow !!

[hearts1] 13/10/2016 12:14

I'll be disappointed if we don't see 1.2p today.

[ccr1958] 13/10/2016 12:13

Over 12m buys , why ?

[lardner23] 13/10/2016 12:11

"It is not what the note holders paid for them."

ROFL. Oh dear.

[ccr1958] 13/10/2016 12:10

Thank the `Lord`, the experts are back stating the bleeding obvious !!!!

[ohdearohdearohdear] 13/10/2016 12:07

I think the scales might be falling off some eyes and seeing O_I for who/what he really is unfortunately. I feel sorry for GKPHero though - I hope he breaks even at least.

[gkphero] 13/10/2016 12:06

If you want a laugh, check out the 5 year chart here.

465p to 1.42p............lol.

[lobo] 13/10/2016 12:02

I guess new money buying in at 2p+ for the last month were gambling on a rescue bid. Now time has run out and they are exiting ...maybe planning to buy in on a possible flash crash after the placing?

[oil_investor] 13/10/2016 12:00

The past market price of the Senior Notes means little or nothing. It is not what the note holders paid for them. Similarly the past market price of the Convertibles.

[oil_investor] 13/10/2016 11:58

fairenough11: exactly. PF-1 and PF-2 are what the bond money was spent on. That capital cost comes back via the PSC Cost Recovery facility, so it simply nets off.

If I borrow $100 to buy a lawnmower, and I am due to receive back the money I spent on it, how can my net position be -$100? Only on a distorted valuation method.

[cutthecagain] 13/10/2016 11:57

The senior bonds were trading at 65c in the dollar not long ago which they're redeeming at par. They'll be up over 50% at conversion IMO, any more than 0.0082 and it's an even higher profit for them.

[perdition] 13/10/2016 11:55

how is this worth anything?

[rjcdc] 13/10/2016 11:54

£14m MC....

Wow.

[cutthecagain] 13/10/2016 11:45

Oh dear

Are you stalking me?

[fairenough11] 13/10/2016 11:43

The "DEBT" paid for production facilities etc,which exist.So if you then say the money spent(debt) is recoverable via capex clawback/PSC/Production,then Shaikan,a World Class Resource that will produce for a 100 years,is valued at Zero.

Something don't add up and the current valuation is wrong imo.