Gulf Keystone Petroleum Share Discussion Threads

[nestoframpers] 31/1/2017 17:08

about £100 K worth B&S.

[gkphero] 31/1/2017 16:22

This stock it totally illiquid now.

[bigdog5] 31/1/2017 16:06

1.3p add in 30% premium so around 1.7p for cash looks about correct. Nearly doubles the Bh's "steal", what's not to like for them. 4p looks rather toppish considering country and all the other risks, imho. Just managing shareholder expectations.

[gkphero] 31/1/2017 16:04

Barrels of value awaits the patient GKP holder.

We need to get rid of the KRG first though.
Trump, it's over to you and that red button.

[2jester] 31/1/2017 16:02

Listen GKPhero, its all about the barrels.(of laughs)

lol.

[gkphero] 31/1/2017 15:55

Are you a bit daft 2jester?

Work for the city do we?

[2jester] 31/1/2017 15:43

Whats through the round window today GKPhero?

:o)

[gkphero] 31/1/2017 15:39

2jester, I thought you said that shareholders had lost a valuable asset to the bondholders?

Are you a bit simple?

[2jester] 31/1/2017 15:34

4p target more than a fair representation of the quality of the company.

[shaftdrive1] 31/1/2017 14:51

Where's all the resident monkeys?
first to jump ship was World Tour without WiFi 12much,closely followed by the failed math teacher/box ticker Zor. Then the Leafy Lane Cheshire tour guide 👗 has gone awol,despite 23 avatars surfacing! Even Back2Front jacket model John is struggle to come up with a ramp or 12....by crickey,has the 8 year BUMMING finally hit its mark?)
{🔴} 🛀.....aaaaaah....😳

[bigdog5] 31/1/2017 14:35

owdbuffer, I mentioned here around 12 months ago that there will be arguments between Erbil and Baghdad over Kirkuk. And that when the peshmerga return from war they will want to know where's all the money's gone as they will want to trough. Add that to the problems that are specific to GKP and its why I say Kurdistan is not for investment. Then of course is Hawrami to be trusted on anything, he wants shai con. As you say, he got the other 3 licences when he could just as easily have extended the PSC terms so will he find an excuse for another one?

[roverite12] 31/1/2017 14:21

Basically , it's a waiting game .

The politics has to change ; isis , the payment system , the relationship with the icg , the party stand off within the KRG .

There's no way this is going for a low bid around the 100m mark . Neither the ex bondholders nor the crooks on the board are going to settle for that trifling amount. And yes , at the end of the day , it is all about the barrels . Without the oil , there'd have been no boardroom battles , no courtroom shenanigans , no Ferrier , no Harwami and no Zahari .

Nope - we're here for quite a while yet , I suspect . Unfortunately that includes the non holders .....or rather , those who claim to be non holders but whom are interested enough to post here morning , noon and night .

[phillis] 31/1/2017 14:20

Go to the House of Commons debate
Historic and certainly much much more interesting than this sh+te

[owdbuffer] 31/1/2017 13:32

The cloud cuckoo brigade need to ask themselves the question, "Why hasn't GKP been sold?" It's all about the oil! No it isn't, its all about Kurdistan. Sure there's a lot of oil and it's cheap to extract, but the world is awash with oil in safer places than this.

I'm sure that the owners would take any sensible offer, after all they are making money at £1.00 per share and would be getting out of a dangerous corrupt country. So why hasn't GKP been sold? What happened to the data room brigade and Sinopec?

Either the MNR are the problem, or the likely instability of Kurdistan in 2017, or both is deterring investors. We have to face the fact that after the fall of Mosul there could be a fight over Kirkuk as the ICG tries to get it back. The KRG coming home from the war to a land totally unfit for heroes and split between the political parties is another possible problem. Reading Rudaw over the last few months I pick up uncomfortable vibes that many Kurds feel that the Oil Companies are in some way stealing "their oil", with the collusion of greedy corrupt politicians. I could go on and on with problems, huge debts that can never be paid etc, but you take the point I hope.

Again, we have to face the fact that GKP don't have any oil, only a licence to extract and pump it. Three out of four PSC's have gone for one reason or another and it would be easy for the MNR to argue that GKP are not fulfilling their obligation by investing and increasing production and take back the PSC. the mess could take years to sort out and who could get damages out of a broke KRG? Ask DANA how they are getting on.

I'll stay in for the ride because I haven't much to lose now, but I hope my eyes are open to the risk of losing the lot.

If you didn't like reading this, you can always go back to reading about the multi-baggers and the zillions of barrels of oil. Avoid reading anything by Bigdog and Mr Roper though, you don't want their logic to get in the way of your dreams.

[mr roper] 31/1/2017 12:25

morning ccr,

Stu..at least someone is awake!