Gulf Keystone Petroleum Share Discussion Threads

[roverite12] 01/10/2019 21:22

GKPhero
1 Oct '19 - 19:02 - 591997 of 592001

Trolls posting on here 24/7


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Indeed .

The Dog5hite must spend as much time on here than I do at work ....

Approximately a third of his miserable life is spent monitoring and commenting on a share in which he isn't even invested


Doggie ,OilyInfant and the Broadfraudster - three of the most transparent pr1cks on the entire internet !

BUY SIGNAL !!!!!!

[bigdog5] 01/10/2019 21:08

So how will the impasse be resolved. Baghdad want 250k a day which means Erbil's debt to Baghdad grows by the day. Erbil already have massive debts ($20b plus) to the traders and everywhere else. But they insist on having Baghdad keep providing them with a larger budget than they're already getting. Are Baghdad being unreasonable? Is the lack of transparency within the koruptistan oil industry the sticking point? Doesn't look like there's much common ground notwithstanding all the propaganda.

Meanwhile we await to see how much hype will arrive from the pens of the freeloaders.
Will being wined and dined to spill be enough to talk of the fabled blue skies?

Shine on you crazy rampers whilst the troughers trough on:-)

[nestoframpers] 01/10/2019 20:49

KRG playing hard to get

[nestoframpers] 01/10/2019 20:35

£50 K Director buy @ SEE, one to watch when you have your GKP cash.

[gkphero] 01/10/2019 19:02

Trolls posting on here 24/7 tells me that they lost their shirts with GKP, or they are here on the pay of GKP's "buyer".

All good fun.

[roverite12] 01/10/2019 18:53

Bigdog5
1 Oct '19 - 16:26 - 591978 of 591995

Yes "the city always wins" was one of mine.


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The city certainly beat you , Dog5hite .....you bought your GKP shares at £3 and £4 range by your own admission and sold the lot for 4 pence a share . LOL

It's all on record










.
Bigdog5
1 Oct '19 - 17:09 - 591985 of 591995


Wasn't it Malcy that stated categorically that the company would be bought for around £3 many years ago.



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At the same time , Dog5hite , as you were swearing blind that we were going for over NINTEEN BILLION DOLLARS

Remember that , Doggie ?

It's all on record

[habshan] 01/10/2019 18:44

Welshki.

Trashing your own investment is a weird strategy that's for sure.

He probably thinks it's a good idea because his old chum Jeremy who got himself sacked for almost losing GKP it's license does it as well.

Asher is a self professed oilman who has chaired or held board positions in oil companies, oil refinery companies, drilling companies and commodity traders.

In the middle of all that and while he was Deputy Chairman of GKP he was also on the board of a company called Better Place LLC which became insolvent and collapsed with the loss of shareholder funds. That company was involved in the production of electric vehicles and declared on it's website “Oil isn’t working, if you ask us, the last drop can’t arrive a minute too soon”

So, an oilman who is on the board of a company who think that the last drop of oil can't arrive a minute too soon.

I imagine that the shareholders in Tower Resources don't know what to make of it either.

[0ili0] 01/10/2019 18:41

Mcfly02 still here. Another green flag.

[pensioner2] 01/10/2019 18:20

That's dated 18/9, macfly. There's been a lot more positive news than that since then.

[urals] 01/10/2019 17:41

3 years on, will be sold very shortly in October also by Scheme of Arrangement with a pre agreed equity concentration agreed back then(a large OFF MKT BUYBACK INCOMING) , that boosts profits hugely, only for remaining holders of course :) "Gulf Keystone is pleased to announce that the Scheme of Arrangement (the "Scheme") in connection with the Balance Sheet Restructuring Transaction (the "Restructuring") announced on 14 July 2016 became effective today. The expected settlement date for the Scheme is 14 October 2016. "

[mcfly02] 01/10/2019 17:37

From CCC on LSE

What a surprise 😂😂😂



Price: 230.50
No Opinion
Main issue still not resolved between Baghdad/ Erbil.Today 16:11
Key points from article.

Baghdad tells Iraqi Kurds: Share oil or lose federal funding
Dana Taib Menmy October 1, 2019

SULAIMANIYAH, Iraq — Iraqi President Barham Salih met separately Sept. 18 with four Kurdistan Regional Government (KRG) leaders — President Nechirvan Barzani, Prime Minister Masrour Barzani, parliament Speaker Rewaz Fayaq and Deputy Prime Minister Qubad Talabani in Erbil, the KRG capital.

The purpose of Salih’s visit was to warn the KRG about the region’s share in Iraq’s federal budget for 2020, scheduled to be passed by the national parliament by the end of the year. A well-informed source close to the ruing elites in both Baghdad and Erbil told Al-Monitor on condition of anonymity that the Iraqi president — who is Kurdish — cautioned the Kurdish leadership that the federal government in Baghdad will cut the Kurdistan region's share of budget, including salaries of the KRG employees, if Erbil fails to hand over a portion of its oil to the State Organisation for Marketing of Oil.

The KRG has told Baghdad that it cannot hand over its share of oil, claiming it has obligations to pay back debts to international oil companies working in producing and importing the region’s oil. Because the KRG’s oil sector is not transparent, there is no official data available on the KRG’s local and foreign debts. However, some 2018 estimates indicated the loans were about $20 billion.

Iraqi Prime Minister Adel Abdul Mahdi is under increasing pressure from Iraqi opposition parties to require the KRG to either respect its financial obligations to Baghdad or see a drop in the KRG share of Iraq’s budget.

The source said the KRG asked Iran to appeal to Abdul Mahdi to continue sending funds to the Kurdistan region in 2020 and cover the KRG’s inability to submit the 250,000 barrels of oil per day, but that Tehran refused the request.

Asked whether the KRG could handle its financial issues if Baghdad cut all federal funds to Erbil, the spokesman said the KRG will respond to this if and when the funds are cut off.

“I do not think Baghdad will cut salaries of KRG employees because such an action would support the Kurdistan region’s bid toward independence and economic independence from Baghdad; this is not the Iraqi state’s policy.

He indicated that the Iraqi parliament will not be able to easily pass the budget bill with a reduction in the KRG’s share. He said that if the Kurdistan region’s share of the federal budget is reduced, Kurdish lawmakers will vote against the bill.

“If KRG does not start submitting 25,000 barrels of oil per day to Iraq in the coming months, then mutual trust between Baghdad and Erbil would vanish

The economist emphasized that the KRG lacks a strong will to combat corruption, which, he said, is the culprit behind all of the Kurdistan region’s debts and financial woes.

Article in full.
hxxps://www.al-monitor.com/pulse/originals/2019/09/iraq-baghdad-erbil-budget-oil-somo.html

[urals] 01/10/2019 17:27

3 years on, will be sold very shortly in October also by Scheme of Arrangement with a pre agreed equity concentration agreed back then(a large OFF MKT BUYBACK INCOMING) , that boosts profits hugely, only for remaining holders of course :) "Gulf Keystone is pleased to announce that the Scheme of Arrangement (the "Scheme") in connection with the Balance Sheet Restructuring Transaction (the "Restructuring") announced on 14 July 2016 became effective today. The expected settlement date for the Scheme is 14 October 2016. "

[officerdigby] 01/10/2019 17:12

Ok why do you guys insist 40k bops has not been reached when 99.8% of that has been pumped for circa 2 months! Obviously the overall average has to go down (this year) to switch off the PFs!

[bigdog5] 01/10/2019 17:09

Because there's going to be a load of new hype coming from the freeloaders. Wasn't it Malcy that stated categorically that the company would be bought for around £3 many years ago. Thing is he's notorious for getting things very wrong.

I think you should be taking notes officer as I'm usually spot on and an excellent witness:-)

[officerdigby] 01/10/2019 17:04

Biggest volume since Feb.Similar large trades for GENL and GKP.Large trades for both GENL and GKP at same times.#justsayin.

[broadford bay] 01/10/2019 16:51

Vacuum Cleaner effect expected...?

Saudi Aramco, the state energy firm of Saudi Arabia, plans to pay a base dividend of US$75 billion in 2020, it said in a corporate overview as it prepares for an initial public offering (IPO).

The energy giant plans to list about 5 per cent of the company as early as next year in the domestic market, while a second international listing could come later. Aramco is officially valued at $2 trillion, which would translate to a listing of $100 billion, dwarfing the largest public offering in history of Ali Baba at $25 billion.

The document said the company would have “a progressive growing dividend on sustainable basis at board discretion.”

“For the years 2020 to 2024, if annual dividends declared would have been less than $75 billion, dividends to non-Government shareholders are intended to be prioritised so that they receive their pro-rata share of a $75 billion equivalent dividend,” the company said in the document, adding that the remaining amount of dividend will be received by the government.

It also mentioned the company’s “progressive royalty scheme”, with a marginal rate set at 15 per cent up to $70 per barrel, 45 per cent between $70 and $100, and 80 per cent if the price rises higher.

[shortsqueezer] 01/10/2019 16:50

2 more identical trades adding up to 1.2 million at 229 again. Hmmmm....

[pensioner2] 01/10/2019 16:31

Time for you to go, Muttley. Your lies can have no effect now. The end is nigh.

[bigdog5] 01/10/2019 16:26

Yes "the city always wins" was one of mine. Another topic I was correct about.

Bond holders 95% Shareholders 5%.