Gulf Keystone Petroleum Share Discussion Threads

[gkphero] 15/12/2016 14:25

True joeski, but I wasn't the one lending £100's of millions on the back of Todd's OIP figures.

The bondholders made a huge mistake and then robbed equity to recover something.
TBH, I don't blame them as they are senior to equity, but they never looked at the risk either.

Now they have all the equity, yet John and Co are putting exit awards in place.
All very strange.

[walloon3] 15/12/2016 14:24

back in for a laugh

[joseki] 15/12/2016 14:21

The answers were in the Muppets Munch

[gkphero] 15/12/2016 14:19

Did someone actually say to the bondholders that GKP will not be able to pay back this capital, but at that point they can rob equity to recover it??

Sounds like it, unless the bondholders like giving away 100's of millions.

[1712notout] 15/12/2016 14:17

Whilst the shoulda woulda coulda self flagellation continues

A mind might wander to something useful
Like what to do now?

I know
Buy
And
Hold
All the best
🚀🚀🚀🚀8640;🚀☝;️☝A039;☝️☝️☝;️

[gkphero] 15/12/2016 14:17

Why would bondholders give GKP any cash in the fist place?

They were stupid, just like equity.
They robbed equity to get a result, as their capital was long gone.

[gkphero] 15/12/2016 14:15

I'll make when GKP is sold.

So will every other halfwit, so that's lucky I guess.

[oliver666] 15/12/2016 14:15

063
ONE FACT BONDHOLDERS COULD NOT CLOSE GKP DOWN,, IMPOSSIBLE, BONDHOLDERS INTEREST HAS TO BE MET.

Wonder why JF turned down help from a Jafar to fund it all

[joseki] 15/12/2016 14:15

The answers were in the Muppets Munch

[gkphero] 15/12/2016 14:14

Bondholders only survived by robbing from equity.

They are just as stupid as the rest of us for giving GKP any cash.

[dgunn222] 15/12/2016 14:13

Oilman63
" As I understand it if the company went to arbitration the Bondholders would close us down and force seizure of the company using the cash in bank to sue the MNR."

How could they close us down if the interest payment was made to the noteholders.

[joseki] 15/12/2016 14:09

The answers were in the Muppets Munch

[gkphero] 15/12/2016 14:04

Bondholders didn't assess the risk here either.

[gkphero] 15/12/2016 14:02

In fact, who the hell would give Todd Kozel any cash in the first place.

The bondholders did.....lol.

[fairenough11] 15/12/2016 14:01

In JF we trust-------What NT says is correct.

Just to name 2.

Still waiting for the GRAND EXPOSE.

lol.

[gkphero] 15/12/2016 14:01

Why is it "well done bondholders"?

They risked huge amounts capital on the basket case that is GKP.
They now have worthless equity.

Or is it?

[mr genel energy] 15/12/2016 14:00

WAS IT 1P??????????????????????????????????????????

[joseki] 15/12/2016 13:58

The answers were in the Muppets Munch

[oilman63] 15/12/2016 13:57

Rees

In the last 12 months if people I thought about some of what I have posted rationally and picked up on some of the points instead of listening to the bile that has been spouted a lot of people could of made better decisions.

[mister md] 15/12/2016 13:53

indeed there were some large (delayed) buys at 1.58

Odd price action given the large buys over recent days seem to have been institutional buys (AT 100k buy went through) and relatively small sells today