Gulf Keystone Petroleum Share Discussion Threads

[oilinspector] 13/12/2018 09:36

I actually think that report has put a dent in the fantasy posted by some on here. They obviously didn’t like what they saw and walked away.
I wonder if DNO will still be willing to offer a pound?

[hearts5] 13/12/2018 08:13

Is that what Bob told you were guzzling?

[obesepaddington] 12/12/2018 16:52

If it is a trade sale Dec31 would be deal completion for a the corporate lawyersEnd of Gulfs financial yearNet off debt to massive cash Best corporate watershedExcess cash to fund buyback if one doneSo they announce pre or post Deal could still be JV or farm but I agree Full sale most likelyIf so I hope they have done a ASRBumps the profits!

[oilinspector] 12/12/2018 16:31

That Topper guy is very shy about his credentials.
How’s the share price doing with this latest ramp lol.
Not sold by Christmas.

[bigdog5] 12/12/2018 15:01

Have the Chinese done a DNO?

[nestoframpers] 12/12/2018 13:56

That is why I said he getting extra as he knows he will look a chump and be unemployable , shame as he is a goodun but was too naive to avoid this .

[bigdog5] 12/12/2018 13:32

Has a PPF supporter had a change of opinion? I wonder why they are now posting views that agree with what I've been stating for a long time but in the past they and others here have attacked? They even make reference to the share price being below the pre wipe out figure, Lol.

Is it just a matter of time before they reach the conclusion that a huge error (or was it an error?) was made by the company in their dealings with the main debt holders? I am of course referring to the PI wipe out that would never occur according to certain clueless posters.

As for the "new data" has it made any of the rampers consider their opinion that the company tell them all:-)

[s0rayad] 12/12/2018 12:42

'The current GKP shareholders aren't mugs like some of us thousands of retail were.'

indeed the london stock exchange is a disgrace .... corrupt through and through

[pensioner2] 12/12/2018 12:02

It's dog o'clock. Where is he?

[therealminotaur] 12/12/2018 11:45

The share price does not have to be far higherThe Chinese shareholders are the Chinese GovernmentThey need reserves...and they are the biggest HEAVY oil refiners in AsiaGKP would increase Sinopec reserves by at least 20%Possibly a lot more.?The current GKP shareholders aren't mugs like some of us thousands of retail were.

[s0rayad] 12/12/2018 11:40

forgetting your past you are doomed to repeat it. and we have been thrown under the bus TWICE already. But I am talking about the present TRM
for a sale to happen the share price should be well north of what it is right now
unless the Chinese are happy to buy it for a 1000% premium while explaining that to their shareholders

Meanwhile the GKP board are busy munching biscuit and working on how they can enrich themselves VCP anyone?

[therealminotaur] 12/12/2018 11:24

What you have to remember is the past can't be changedAnd the greedy F&£#ers that now own pretty much all of itWill want maximum paydayAnd its on its wayRestructuring only way to have real auction. And holding storing cash to fund buyback maximises their returns China has won And so shall all current shareholders

[s0rayad] 12/12/2018 10:46

'SO THIS IS WHY GULF HAVE DONE F ALL IN 2018 OTHER THAN MAINTAINING BUSINESS AS USUAL...KEEP IT IN A HOLDING PATTERN'

to be fair this new'corporate governance' compliant board has done F ALL ever since joining. Bar from throwing private investors under the bus and handing the company to the bond holders. To their credit they also have assisted in massive destruction of shareholder value. in real terms the current price is still well below than before the restructuring
a clear case of rewarding for failure, with generous pay, bonuses and VCP

[broadford bay] 12/12/2018 09:08

I reckon we are currently spending about $9m - $10M per month - most of that of course will eventually be recovered via the Cost Oil permutation.

Unless some really significant additional CAPEX has been undertaken I estimate the current Cash-at-bank should to be close to $282m - $285M.