Gulf Keystone Petroleum Share Discussion Threads

[pensioner2] 17/6/2020 08:53

31 days in May, not 30.

[xomhero] 17/6/2020 08:51

I have a good feeling about all this. ;)

Whispers!!

[nestoframpers] 17/6/2020 08:45

A revised CPR using a FP of 4% would achieve this easily .

[nestoframpers] 17/6/2020 08:43

Bravedog

Posts: 157

Price: 102.60

No Opinion

RE: VCP againToday 08:08
In order to have VCP shares vested this year to JF ens SZ, « the minimum hurdle market cap (8% p.a. compounded) » is 476 mio $.

« The share price used for calculating total shareholder returns in plan year 2 and subsequent plan years shall be the average of the closing prices for the 30 days following the announcement of the Company's results for the relevant financial year. »
The year end results were announced on May 22nd, so 30 days following this day should be on June 22nd, one trading day after the AGM. The starting day could perhaps be later if it is the first trading day after May 22nd.

To get the « total shareholders return » or « market cap achieved », during that 30 days window, the average price of the 20 trading days period must be above 2.26$ (assuming 210 mio shares). With today’s close, the average price for 16 days is 1.0398$ rounded to 1.04$.

I now assume the average price stays the same until the 19/6. If JF and SZ want part of their shares vested, the average share price of the last 2 days must be above (2.26x20- 18x1.04)/4= 6.62$.

I don’t know if good news will come out at the AGM or from Baghdad, but they seem to have taken into account the vesting of the VCP shares when they choose the date of the AGM.

[thicktony] 17/6/2020 07:39

TT

They (Bond Holders) obviously either know , or suspect something , judging by the fact they did not sell , even when the share price was ~£3.00. Which would have given them a ~3- 400% return had they done so.

What is even more amazing is the fact that most PI's seem incapable of working that out for themselves.

Highlander, I agree it's telling. Any sale by amalgamation will require a 50% majority only, and the top 4 all buying just about send the deal home, on a vote, and they all recently buying more.

Its clear as day a deal on the way, just when announced and how much.

[highlander7] 17/6/2020 06:56

Sounds like the doggie has been at the dog biscuits again.

LOL

[bigdog5] 17/6/2020 00:20

More likely you will all require a stiff drink afterwards:-)

[bigdog5] 16/6/2020 21:25

So 1wavings post is from the ex postman/fake reverend back in 2012!!!

And just how much of "his" oil from eight years ago has been found or proved, lol.

But there again how much has the ex postman/fake reverend managed to get correct in all that time, lol.

We all know it to be zero. But I think my absolute favourite was his belief that there would be no wipeout because it would be an easy job to pay off the bond holders. And that the interest rate they were charging was not expensive!!! Expensive enough to wreck the company and wipeout shareholders though. Its a belter innit, lol.

[0ili0] 16/6/2020 21:23

I thought we could all meet for a beer before the AGM. Unfortunately the Three Humps is still boarded up!

[bigdog5] 16/6/2020 21:11

Mac, I am lead to believe that there's been a great deal of activity going on "behind the scenes" but naff all of it to do with production or progress.

I must pop over to the uva bb to see why you were so amused with 1waving's post today.

[jackpotjack] 16/6/2020 21:03

Good news.... they need payment for oil so why invest more???

[jackpotjack] 16/6/2020 21:02

How bad can Production cuts be when not being paid anyway.They have already stated no investment without payment so we are where we are.

[broadford bay] 16/6/2020 20:46

Oryx reported yesterday...

"...Payment for all oil sale deliveries into the Kurdistan Oil Export Pipeline during November 2019 through February 2020 remain outstanding and amount to approximately US$39 million. The Kurdistan Regional Government’s Ministry of Natural Resources has indicated that payment of these outstanding invoices is not expected in 2020 and has not yet specified any terms or conditions for repayment."

[mcfly02] 16/6/2020 20:25

Hello Mr BigDog 😃

As you probably know lots has been happening behind the scenes, unfortunately they haven't informed shareholders.

GoatCam will translate the JAM TOMORROW STATEMENT and explain how long certain information has been available to privileged trough feeders.

And of course there will be GoatCam predictions (lol) just after the bell.

[nestoframpers] 16/6/2020 20:11

OT

No wonder Boris survived, it's because they didn't put him on a vent . "The only person that survived pulled his own vent tube out ''. USA nurse whistle blower

[urals] 16/6/2020 17:45

Thanks THICK TONY , AGREED, key shareholders have never traded 1 share. Held for 3 years + now adding like crazyI find it intriguing that the top 2 shareholders, with around 27% held solid for over 3 years, no material change, started to buy in the millions a couple of months as go, immediately after the company 2nd buyback program completed.. Now at around 32%. There appears to be some choreography.I expect a corporate event, released at or soon after this Fridays AGM.

[urals] 16/6/2020 17:44

IMMINENT Sale RNS TOP 4 shareholders have ADDED :Astaris Capital 34,669,058 a++++o5.5M in past 8 weeks! Lansdowne Partners. 32,544,316 ++ 3M same period! Hof Hoorneman 17,839,450 ++2.5M UBS Group 10,013,636 ++600K Next 4 ++1.5M ....tooDON'T BE MUGGED OUT BY THE CLOWNS HERE

[urals] 16/6/2020 17:44

THE CONSUMATE YANKEE CLOWN BUY SIGNALBIGDOG =Yank Eastern seaboard Time zone 25,000 ++ sentiment BATTERING BS posts , ONLY on this stock ,for YEARS , EVERY single DAY !!!..Works for Morgan Stanley who over the same period now hold an eye watering 32,000,000 GO FIGURE ! Lol

[bigdog5] 16/6/2020 17:40

Oh look its nearly back to a penny share.

Penge high command will be hanging out the bunting and dancing in the street.

But at the coal face its the tumbleweed that's dancing, innit:-)

All about them falling reserves.

[bigdog5] 16/6/2020 17:18

If the company don't "tell it like it is" on AGM day is there any possibility that Goatcam will be tempted?

[shortsqueezer] 16/6/2020 16:13

Wow! Nearly at my last buy in price! Don't worry. I won't buy any more. ......although...........hmmmm!

[chinese_takeover] 16/6/2020 15:32

Thanks THICK TONY , AGREED, key shareholders have never traded 1 share. Held for 3 years + now adding like crazyI find it intriguing that the top 2 shareholders, with around 27% held solid for over 3 years, no material change, started to buy in the millions a couple of months as go, immediately after the company 2nd buyback program completed.. Now at around 32%. There appears to be some choreography.I expect a corporate event, released at or soon after this Fridays AGM.

[chinese_takeover] 16/6/2020 15:32

IMMINENT Sale RNS TOP 4 shareholders have ADDED :Astaris Capital 34,669,058 a++++o5.5M in past 8 weeks! Lansdowne Partners. 32,544,316 ++ 3M same period! Hof Hoorneman 17,839,450 ++2.5M UBS Group 10,013,636 ++600K Next 4 ++1.5M ....tooDON'T BE MUGGED OUT BY THE CLOWNS HERE

[chinese_takeover] 16/6/2020 15:31

THE CONSUMATE YANKEE CLOWN BUY SIGNALBIGDOG =Yank Eastern seaboard Time zone 25,000 ++ sentiment BATTERING BS posts , ONLY on this stock ,for YEARS , EVERY single DAY !!!..Works for Morgan Stanley who over the same period now hold an eye watering 32,000,000 GO FIGURE ! Lol

[bigdog5] 16/6/2020 15:28

Are they still a going concern Paul? You've had experience of that sort of thing.