Gulf Keystone Petroleum Share Discussion Threads

[kiltless hero] 19/2/2019 08:55

WHAT TIME IS THE TAKEOVER?

I Predict at least £650

:-p

[ccr1958] 19/2/2019 08:35

Odd share price action ?

[gkp_banggone] 19/2/2019 08:22

Big spread

[gkp_banggone] 19/2/2019 08:12

Good Morning 😊 Almost certainly within T - 14 and counting ðŸ¤"SALE BY SCHEME OF ARRANGEMENT (Feb 19 = 70 days till delist)SO ANNOUNCED *ANY* DAY  BY 8:00 AM MARCH 4 * T-14 DAYS MAXIMUM(*Mar 15 = T - 25 days very  latest a DELIST  SCHEME can become effective )Here's a "Magic Circle" Clifford Chance timeline 69 days depending on Lawyers contingent timing from announcement to scheme publication 0 - 28 days max.I'm estimating 2 weeksðŸ'ŒYOU CAN DEFINITELY TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMEDon't be mugged outTrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skÃ¥da given häst i munnen.

[mcfly02] 19/2/2019 08:12

Good Morning 😂

Paul 🤡 Yet again.

You really need to seek mental help for your delusional behaviour !!

[ccr1958] 19/2/2019 07:59

Gone 😉

[steephill cove] 19/2/2019 07:43

With a Shaikan payment update due any day now beforehand. The last one they ever report?

[steephill cove] 19/2/2019 07:40

So just before St Davids Day or St Patricks Day it is then!

[stockport loser] 19/2/2019 07:07

Oh dear, you're a plank and you can take that to the bank.

[stockport loser] 19/2/2019 07:02

They would be amusing if he was 20, but given his age it makes him look like a nounce....

[stockport loser] 19/2/2019 06:59

All ready for the takeover RNS?

[bigdog5] 18/2/2019 23:27

nestoframpers - 16 Jul 2016 - 15:32 - 503953 of 503993 -


"I need Mk cap of £2.3 bill to BE , I feel there is no chance of that .

What do you reckon Bob ? Notout what will it be" ?



Oh dear:-) But that's what happens when you listen to the wrong peeps innit:-)

[bigdog5] 18/2/2019 23:13

johnbuysgkp
17 Jul '16 - 16:36 - 504225 of 580000
0   0  3

"Longs can average down a huge amount very soon, which is why Jon is giving us the offer. The short term share price will also help too imo.

I was angry, until I actually done the sums. ;)"


Lofl, and after doing his sums he realised as always his abacus tells him he needs 20p/£20 to break even. Seems reasonable as he informed us on a daily basis on the way to the original £4 he was buying all the time. And there we have it.

[nestoframpers] 18/2/2019 23:06

If a MOC takes Shaikan on now they will be a full production in 20 years when the USA production is dropping off , POO will be about $200 a bll then.

[nestoframpers] 18/2/2019 23:03

Too big for the KRG to pay their capex share, something has to give.

[grafter] 18/2/2019 22:27

Too big to sell

[nestoframpers] 18/2/2019 22:12

10 HOURS UNTIL TAKE OVER possibly

[stockport loser] 18/2/2019 21:56

Doesn't matter now anyway, its sold tommorow according to the 'expert' in corporate finance.Lol, Surrey Scot is enjoying rimming Paul over on LSE, now his boyfriend Bob has deserted him.

[stockport loser] 18/2/2019 21:53

BBBS was trading it and sold out. You also forget he was on of Kozels biggest critics and warned investors that the company was corrupt.You seem to forget all that and remember the fill to spill which SH6 wiped out.

[nestoframpers] 18/2/2019 20:46

Shaikan is so big that the best posters like BBS are silenced. He had shown us enough by then however.

[roverite12] 18/2/2019 18:46

Remember ....in the doggie's own words ...

THIS is why we are ALL here .....





"Shaikan is massive"




"We know that Shaikan is massive and getting larger."




" Shaikan, SA and BB are all one sea of oil."



"we have GKP possibly sitting on a share of 40-60 Billion barrels OIP.

Happy days."

[roverite12] 18/2/2019 18:38

Bigdog5
18 Feb '19 - 17:34 - 579983 of 579991
0 1 0
Only took this clown off filter to see what gems he was coming out with at wipeout time. We can see why he's had to make up all the BS he posts about my views:-)


roverite12
16 Jul '16 - 16:39 - 503976 of 579982
0   5  0

"It still is a case of what you as a pi believe the asset is worth - and what the bondholders think it's worth .

If I were new to this share I'd be piling in big time knowing that the asset is great and the debt isn't . As it is I'm being forced to put what's left of my money into the company in order (probably) to minimise my losses . A risky business !







--------------



Thanks for posting that , Dog5hite - they were wise words indeed ! Anyone taking my advice at that time when the share price was less than a quid would have more than doubled their money .

As I said , the asset is great and the debt isn't . That's why I'm still here , still buying , still lowering the average . It's why you're still here , still trolling , still losing . And it's why the ex bondholders still hold . It's still a risky business alright but for those with balls and patience - there's one hell of a reward on the way



Oh ...and thanks for confirming what everyone already knew - I've never been filtered have I , Dog5hite ? Come on ....just admit it ....you read my every post .....LOL