Gulf Keystone Petroleum Share Discussion Threads

[gkphero] 15/12/2016 15:40

Or the daft bondholders.

"Yes Todd, those OIP figures sound great.
Here's £300 million to tide you over."

[gkphero] 15/12/2016 15:38

Not as much of an idiot as demented old Phillis though.

[gkphero] 15/12/2016 15:37

"JB

Yes they made a mistake, but have they lost?

Same as Ocean finance lend to high risk, but do they lose?"


No, they haven't lost, but that doesn't mean it was a clever decision to lend £100's of millions to Todd.....lol.

It just means they weren't bottom of the food chain when the wheels came off.

Let's remember that these bondholder are suppose to be professionals, whereas PI's are just daft punters.

[phillis] 15/12/2016 15:36

Now the blog idiot has sadly returned why chat to him?
It was bliss without him

[gkphero] 15/12/2016 15:31

Jon F is saying "Here I Am and I bloody well deserve my exit bonus".

"So does this crazy Kurd next to me".

[fake taxi] 15/12/2016 15:30

JB

Yes they made a mistake, but have they lost?

Same as Ocean finance lend to high risk, but do they lose?




NB

I have been saying it for 7 years,I said about Todd what people are saying now,I have always said its not a sustainable business. It went from 100m shares to 23b lol, it survived purely on dilution and nothings changed that I can see now, but hey ho, Im the bad guy:-))

[ny boy] 15/12/2016 15:26

Buying at these level..cheap as Kurds on a stick

[oil_investor] 15/12/2016 15:22

nestoframpers: er...might it be that (a) Nick Davis the CEO of Memery Crystal said the very opposite regarding the reason for the restructuring, and (b) that Jon Ferrier said that the reason he joined GKP was the asset value and NOT restructuring?

Something like that, perhaps?

[nicebut] 15/12/2016 15:16

Not all the `loss of share value` *was* under previous management. Agree it was probably set in motion by them...But hey.

Mr Zahawi is over paid...end of- as my mate Fe11, used to say.

[gkphero] 15/12/2016 15:15

And Kurds are about as trustworthy as a 'Jim'll Fix It' episode.

[gkphero] 15/12/2016 15:13

Mr Zahawi is a Kurd?

[nestoframpers] 15/12/2016 15:10

Whats wrong about this ?

Mr Zahawi – who has always maintained that his work for Gulf Keystone is done in his own time, including Sundays – told the Herald: “The huge debts that the company has racked up, and therefore the loss of share value, was under a previous management team.

“The current management team was brought in with the purpose of restructure and to help save hundreds of jobs in the UK and Kurdistan. I was approached by the current CEO because of my oil and gas expertise, having trained as a chemical engineer, and my country expertise.”

Mr Zahawi added: “By the time you go to print on Thursday we will have completed a restructuring of the business that would convert over half a billion dollars of debt into equity, making the company viable and saving those jobs. The restructuring was approved by shareholders with 94 per cent voting in favour.”

[phillis] 15/12/2016 15:07

Bigger
Predictive text can never write "would of"

therefore the person wrote what he thought he was saying
it seems illiteracy still widespread in the North
whilst the share price heads south

oh BTW it's 15 Dec if NotOut hasn't noticed

[the patriotic irishman] 15/12/2016 15:04

''you don't always get it right oilman''

that my learned friends

could well be the investment understatement of the millennium



hello everyone my name is

TONY

in real life I am but

an insignificant oily

PHONEY

[lardner23] 15/12/2016 14:46

Mr Khalilzad should get a mention, Broadford....one of Oliver's favourites :))

[broadford bay] 15/12/2016 14:43

oliver,

Hamid, Jafar, Uruk, Crescent, Pearl, Dana, Petrofina, Clifford Chance, Lowe Bell, Hawrami, Barzani...

The threads are all there, in Wikileaks and elsewhere, to see just how connected this bunch are.

Of course, one of Hamid's best friends was hanged...eventually.

[gkphero] 15/12/2016 14:31

In this brave new world, what's good for Jon F and the bondholders is good for those who bought a load of excess at 0.83p.