Gulf Keystone Petroleum Share Discussion Threads

[doctortakeover] 30/10/2023 15:52

HTTPS://twitter.com/ChicagoJack5/status/1718918478084604279?t=u-GLw8PDxAhRs0gAp39uQw&s=19

[arcadian] 30/10/2023 15:21

I would only want to be married to Sinopec if it won the bidding in an open market auction and not the result of a deal done by former directors without notifying us or making offers transparent. I want the BOD to give us a chance to have a say. In the current climate with Exxon and Chevron in the market for good companies I don`t want a shady deal. We have waited long and deserve the best deal and the highest price.

[nestoframpers] 30/10/2023 15:00

You can draw lots of conclusions from that pic.

[nestoframpers] 30/10/2023 14:59

ISIS and the pipeline

[nestoframpers] 30/10/2023 14:47

Moein Kazemi, a member of the Finance Committee of the Iraqi Parliament, claims:
- KRG civil servant salaries will be transferred to the Iraqi Ministry of Finance; the KRG and Baghdad have reached an agreement on the matter.
- Initially, the salaries of 60,000 employees will be transferred.
- The 700 billion monthly allocation is merely a provisional measure.
2:30 PM · Oct 29, 2023
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[pittcock] 30/10/2023 14:36

Doggy has a flaccid willy again

[gazebo79] 30/10/2023 14:20

Woken from your slumber. An entity with no shares apparently, spending their life on a BB talking about the bad investment we've all made. Lovely work if you can get it i guess. The share pot must be running dry

[doctortakeover] 30/10/2023 14:15

HTTPS://twitter.com/ChicagoJack5/status/1718918478084604279?t=u-GLw8PDxAhRs0gAp39uQw&s=19

[bigdog5] 30/10/2023 14:10

Day 220 of no sludge going down the pipe scotty snowflake!!

And what is this that I'm being accused of, lol. Has sarah forgotten or more likely is forced to ignore the posts from RW, GRH, johnytoilet, scotty snowflake, the Carroll gang of hundred's of bogus posters, Biggerpuss, welshy, FE11 with his lists of things that would happen but never did? sarah ignores what the real rampers were posting and still are. Even RW's notes have proved to be BS that she's forced into using in order to gain tick ups!!

Whereas I came to the conclusion that this was a ruse and overexaggerated massively. One only has to look at the progress made in 14 years, the numbers in the CPR's that are now heavily reliant on fantasy resources and that none of the BS Kozel barrels have been discovered from 18 wells. This is a penny stock for several reasons many of which you suckers do your best to ignore. But they're there:-)

Is the time approaching for a consolidation? Could that be part of SOMO's plan?

[arcadian] 30/10/2023 14:09

Doctor and Pseudonyms

That`s not so.

The truth will set you free. I`ll try not to accuse you of ramping constantly under various guises even though all your points are conjecture and assertion Maybe readers should have Kipling in mind and treat us two imposters just the same.

[doctortakeover] 30/10/2023 13:51

FILL YER BOOTS, Arcadian bashing..LOL

[doctortakeover] 30/10/2023 13:50

HTTPS://twitter.com/ChicagoJack5/status/1718918478084604279?t=u-GLw8PDxAhRs0gAp39uQw&s=19

[doctortakeover] 30/10/2023 13:50

AMALGAMATION165. Any Resolution proposed for consideration at any general meeting to approve the amalgamation of the Company with any other company, wherever incorporated, shall require the approvalof:165.1 the Board, by resolution adopted by a MAJORITY of Directors then in office; and165.2 the Shareholders, by Resolution passed by a MAJORITY of votes cast at such meeting and the quorum for such meeting shall be that required in Bye-Law 60.

[arcadian] 30/10/2023 13:45

I did read somewhere that the quorum could be as few as two but I am more hopeful of The City!s Takeover Code should we shareholders feel we have been sold down the river assuming of course that there is still enough water for a river in Kurdistan

PTM as things stand "Yes" but at this juncture I wouldn`t bet the farm. This is Iraq and The KRG also have a finger in what happens to us. We need greater clarity about the landscape ahead.

[doctortakeover] 30/10/2023 13:24

HTTPS://twitter.com/ChicagoJack5/status/1718918478084604279?t=u-GLw8PDxAhRs0gAp39uQw&s=19

[doctortakeover] 30/10/2023 13:24

AMALGAMATION165. Any Resolution proposed for consideration at any general meeting to approve the amalgamation of the Company with any other company, wherever incorporated, shall require the approvalof:165.1 the Board, by resolution adopted by a MAJORITY of Directors then in office; and165.2 the Shareholders, by Resolution passed by a MAJORITY of votes cast at such meeting and the quorum for such meeting shall be that required in Bye-Law 60.

[ptmorris1] 30/10/2023 13:23

Arcadian,do you think your portfolio is worth the risk then?

[arcadian] 30/10/2023 13:18

I`m glad that we are only talking about "if" but Stranger stitch ups have happened although the element of price is a tricky one. If there was such a deal there is no guarantee that current investors would make a profit.

As I understand it

) That if the acquisition was structured as a Merger or a Scheme of Arrangement, there was a resolution passed by at least 75% of those voting at a shareholders’ meeting of the target company (note this is not 75% of all shareholders, but 75% of those voting at the meeting).

That in taking into account the votes that could be cast at the meeting, regard would need to be had to any failure by a shareholder in complying with the disclosure provisions contained within the GKP Bye-Laws, which would render inoperative the voting rights attached to the shares held by them.

The worrying bit is that the votes are those at the meeting not all of us and some who fall foul of the rules can be disqualified anyway. That shareholder list is perhaps the answer but there is no guarantee that current investors will get their money back.

[pittcock] 30/10/2023 12:53

News imminent

[gkp_over_100quid_at_takeover] 30/10/2023 12:50

AMALGAMATION
165. Any Resolution proposed for consideration at any general meeting to approve the amalgamation of the Company with any other company, wherever incorporated, shall require the approval
of:
165.1 the Board, by resolution adopted by a MAJORITY of Directors then in office; and
165.2 the Shareholders, by Resolution passed by a MAJORITY of votes cast at such meeting and the quorum for such meeting shall be that required in Bye-Law 60.

[doctortakeover] 30/10/2023 12:47

HTTPS://twitter.com/ChicagoJack5/status/1718918478084604279?t=u-GLw8PDxAhRs0gAp39uQw&s=19

[doctortakeover] 30/10/2023 12:47

You are talking about OFFERS.I am talking about an agreed sale recommended by the board.An SGM is called to vote on the merger , 50%+ majority required for the sale by merger to be agreed.

[arcadian] 30/10/2023 12:36

Section 102(1) of the Bermudan Companies Act provides that where an offer is made by a company for shares (or any class of shares) in a Bermuda company and, within four months of the offer, the holders of NOT LESS THAN 90% of the shares which are the subject of that offer accept it, the bidder can, by notice, require the remaining shareholders to transfer their shares under the terms of the offer (this is a very broad summary of a quite complicated provision).