Gulf Keystone Petroleum Share Discussion Threads

[herbertsmithfreehills] 14/7/2024 11:56

Looks to me we could have a SALE RNS very soon.

[bigdog5] 14/7/2024 11:55

highlander714 Jul '24 - 05:26 - 708610 of 708617
0 4 0
Rosneft paid a $250 million bribe to an unnamed individual who arranged with the KRG to sell 60% of the KRG oil pipeline to the Russian-owned company under very favorable terms.

"I dont believe it".

scotty snowflake has turned into Victor Meldew!!!!!

But scotty snowflake you didn't believe there would be a wipeout in 2016!!
Or there would be billions of new shares.
Or the need for consolidation.
Or that water had been discovered where they always said there was sludge.
Or that Kozel would be dumped.
Or that SOMO would take control.
Or that Erbil will concede.
Or that the pipe would be closed for long.

Your track record over the 12 years or so proves you get naff all correct!!!

[redbed] 14/7/2024 10:39

Dear Peel Hunt, we would like to decrease our shares in issue by exactly 2.200%(the amount we will reissue to cover all the options about to vest on sale announcement ).So please take this as a limit buy order for 4,794,461 shares wAt a volume weighted average price of exactly £ 1.4000, not a penny more or less precisely.You have exactly 8 weeks to buy these.TIA

[bang_gone] 14/7/2024 08:57

The probability of these numbers being hit with such precise degrees of resolution by CHANCE are in the TRILLIONS......You would expect the buyback to have agreed targets.These are obviously those targets hit.I thought they might use the remaining cash + good news to drive the share price north pre formal sale announcement.I have changed my mind , I think they going straight to SOLD.

[redbed] 14/7/2024 08:49

The numbers are compelling. Try buying almost 5m shares over 30 different days in different quantities and prices, and end with a vwap of not 1.4 but 1.4000, 4 degrees of resolution, cannot be coincidence agreed. Then try to do the same and concentrate the share issue by not 2.2 but 2.200% 3 degrees of resolution, chances are like finding Elvis alive in a Tibetan monastery....... So it was obvious from the outset the buyback was a stabilisation program, with parameters set. I agree big news coming. &dddddddfffffffffffggghjkkkjjjjjjjjjjjThey require to give 2 weeks minm notice for the SGM that is required to vote the sale by amalgamation through.15th tomorrow, just time for completion end of July.January stay bonus paid in January 2025. 6 months from sale?Buyback after 8 weeks if 100,000 bought last Friday homing in on 4,794.461 shares bought at an exact VWAP of £ 1.4000 price.PLUS that equates to an exact 2.200% capital concentration.These are not possibly coincidence.SALE RNS imminent, like tomorrow.

[bang_gone] 14/7/2024 08:09

They require to give 2 weeks minm notice for the SGM that is required to vote the sale by amalgamation through.15th tomorrow, just time for completion end of July.January stay bonus paid in January 2025. 6 months from sale?Buyback after 8 weeks if 100,000 bought last Friday homing in on 4,794.461 shares bought at an exact VWAP of £ 1.4000 price.PLUS that equates to an exact 2.200% capital concentration.These are not possibly coincidence.SALE RNS imminent, like tomorrow.

[highlander7] 14/7/2024 05:26

Rosneft paid a $250 million bribe to an unnamed individual who arranged with the KRG to sell 60% of the KRG oil pipeline to the Russian-owned company under very favorable terms.

I dont believe it. Its virtually impossible for any INOC to justify handing out unaccountable amounts of money of this magnitude. Their own procedures and risk management systems would prevent it not to mention the Legal Department. IMO Rosneft are being used as an excuse for A.N Other / KRG corruption. Assuming any of this is actually factual. Which I doubt.

[bang_gone] 14/7/2024 04:42

Btw 2.2% conc and 1.4 VWAP to such precision is clearly by design, as is the rest of the choreography building to the sale RNS.ISALE RNS TOMORROW?

[pittcock] 14/7/2024 00:17

Trump assassination attempt. Just insured him the election win.

[johnbuysghost] 13/7/2024 23:39

Yes indeed, BigdogSarah5IQ was left holding the bag in 2012. Bitterness took over and she's been posting on here 20 times a day, ever since.

It's a sad story.......lol

[adamrugen1066] 13/7/2024 23:16

lol, all Bigdump wants is for someone else to get wiped out so that she's not the only one left penniless.Misery loves company and Bigdump is one lonely girl.

[theythinkitsallover] 13/7/2024 23:15

Why does bigdog care so much ?

Odd ain’t it

[arcadian] 13/7/2024 23:11

Perhaps the answer is 42. Makes as much sense as anything else in the business we are in it would seem. Is anything possible regardless of facts,contracts laws or constitutions?

[bigdog5] 13/7/2024 23:04

Who in their right mind would invest in the Land of Delusion?

Same stupid people that desperately believe in what Epicure announce?

Day 477 of no pipe. Day 195 of scotty snowflakes "soon" lol.

Fire sale the best you gullible suckers can hope for?

Asset worth £1.25-£1.50ps?

But when Baghdad's new terms are made known the word is it could be much less!!

Remember gullible suckers the company will point to all the divis they've paid you in the hope it will calm your anger, lol. Like all your anger at the 2016 wipeout!!

[theythinkitsallover] 13/7/2024 22:52

New Scandal? Fresh Evidence Reveals More Staggering Corruption in the Scandal-Ridden KRG Oil Sector

According to a recent investigative report by the joint KRG-Iraqi government Financial Supervision Committee:

Rosneft paid a $250 million bribe to an unnamed individual who arranged with the KRG to sell 60% of the KRG oil pipeline to the Russian-owned company under very favorable terms.

The deal reportedly requires the KRG to repay $6.696 billion to Rosneft by 2038. This arrangement is fraught with questionable aspects:

1. The pipeline was supposedly sold to Rosneft and Kar Group, raising fundamental questions about why the KRG is repaying the cost of an asset it no longer owns.

2. Prior to this deal, the KRG was already paying a fee to these companies to export the oil, suggesting a potential double-charging situation.

3. The pipeline has been completely non-operational since last year, and its current status remains uncertain.

4. Despite the pipeline's inactivity and unclear future, the KRG appears to be obligated to continue these payments.

Details:
The KRG's Ministry of Natural Resources will reimburse the construction costs of the Kurdistan oil pipeline to two companies (one local, one foreign) in 240 installments, totaling $11.16 billion!

Until the end of 2027, the KRG will repay $55 million monthly in 120 installments to Rosneft and Kar Group.

From 2028 onwards, the KRG will repay $38 million in 120 monthly installments, with 60% going to Rosneft and 40% to Kar Group.

Additionally, the monthly operational cost of the pipeline is $5 million, which the Ministry of Natural Resources has incorporated into the cost of oil production and exports, adding $15 per barrel!

Consequently, by the end of 2038, the KRG will have paid back $11.16 billion to these two companies, despite actually having sold the pipeline to them!

The Iraqi Financial Supervision Authority has requested the contract between the KRG and the two companies since February 27, 2024, but the KRG has not yet provided it.

[arcadian] 13/7/2024 22:34

Oilerman

You have nothing to worry about. All perfectly sensible and may even be possible. You have been treated unfairly, in haste perhaps but we shall see.

Enjoy the week ahead which may bring pleasant surprises but I personally doubt it as the difficult legal, financial and political hurdles are currently too difficult. We must wait and be patient. The assets are there but difficult to value in this climate.

[johnbuysghost] 13/7/2024 22:01

GKP is worth at least £100 per share according to the city big dogs.

[bang_gone] 13/7/2024 21:19

Btw 2.2% conc and 1.4 VWAP to such precision is clearly by design, as is the rest of the choreography building to the sale RNS.I think they will want the share price much closer to the final sale price,so pump starts Monday I reckon

[bang_gone] 13/7/2024 21:19

The company is SOLD tba