Gulf Keystone Petroleum Share Discussion Threads

[pittcock] 03/5/2024 16:24

'Oh, Danny boy, the pipe, the pipe is Gurgling'GurgleGurgle

[adamrugen1066] 03/5/2024 16:02

Bigdog needs the stock to go up 89x for even a sniff of breaking even!No wonder he had a mental breakdown.

[luckyclicker] 03/5/2024 15:58

EconomyAPIKUR welcomes formation of Baghdad-Erbil committeesHayyan Abdul Ghani, Iraq's Oil Minister, told Kurdistan24 earlier that the production and export of oil from Kurdistan Region fields would be resumed. ? Kurdistan 24   1 Hour       ?The Association of the Petroleum Industry in Kurdistan (APIKUR). (Photo: Designed by Kurdistan 24)Kurdistan APIKUR Oil exports ERBIL (Kurdistan24) – The Association of the Petroleum Industry of Kurdistan (APIKUR) on Friday in a statement welcomed the formation of the Baghdad-Erbil committees."Recently announced by the Iraqi Minister of Oil with the stated goal to restore oil exports through the IraqTürkiye pipeline. We are awaiting official notification of international oil companies' role in these critical negotiations," the statement read.Hayyan Abdul Ghani, Iraq's Oil Minister, told Kurdistan24 earlier that the production and export of oil from Kurdistan Region fields would be resumed.Meanwhile, Kurdistan24 was informed by the Director General of SOMO that their recent meetings with the Kurdistan Regional Government and the Ministry of Natural Resources in Erbil were positive on the issue of Kurdistan Region oil export to Turkish Ceyhan Port. The Turkish side is making preparations for export.https://www.kurdistan24.net/en/story/34790-APIKUR-welcomes-formation-of-Baghdad-Erbil-committees

[adamrugen1066] 03/5/2024 15:57

"Well below £1" means 90p. I bet you're really glad to be only 98.8% down instead of 99.99999%! You really dodged that bullet!

[shortsqueezer] 03/5/2024 15:50

Yes mate. Maybe his job is done? :-)

[adamrugen1066] 03/5/2024 15:47

This tracks with the Turkish economic strategy. Russian supplies are non-grata and everything else is maxed out (earliest new connections from Azerbaijan et al. are 2027). Petrol prices in Ankara are up 100%+ since closing of the pipeline and getting inflation under control is Erdogen's #1. The Kurdish pipelines are the only real option, especially if they want something quick. Let's see if Baghdad and Erbil can come together for once instead of continually bickering!

[mmt1] 03/5/2024 15:41

I was wondering the same thing shortsqueezer, hope hes okay..

[shortsqueezer] 03/5/2024 15:20

But where is Habshan?

[bigdog5] 03/5/2024 14:56

My average was always way below £1 old money.

Thanks for your interest Andy.

Now you can FO with all your BS. That's a top tip.

[gkpbanggone] 03/5/2024 13:44

#GKP #GENL $DNO $HKN $SNM #Kurdistan@apikur_oil: We welcome the joint committee between #Baghdad & #Erbil announced by #Oil Minister, which aims to re-export oil. We are waiting for an official notification to know our role in the important negotiations between Baghdad & Erbil.

[furenstaurus] 03/5/2024 13:39

#gkp #gkptakeoverWell@Gulf_KeystoneCEO said - in public - only a few weeks ago that"shares were FANTASTIC VALUE CURRENTLY"so begs question"Why aren't you buying them NOW with your excess cash?"Perhaps this explains it.HTTPS://x.com/ChicagoJack5/status/1786360214767235514

[luckyclicker] 03/5/2024 13:33

https://twitter.com/Rudawkurdish/status/1786369107744506013?t=KONYlbC0WWl7teRXO9szYg&s=19

[grouchomarx] 03/5/2024 13:31

@mmt1: where is the ~8 million profit? If that were the case, GKP would be P/E 3,5 in the current situation. But I don’t think this is the case.

[worldquant] 03/5/2024 13:02

#gkp #gkptakeover
Well
@Gulf_Keystone
CEO said - in public - only a few weeks ago that
"shares were FANTASTIC VALUE CURRENTLY"
so begs question
"Why aren't you buying them NOW with your excess cash?"
Perhaps this explains it.

[arcadian] 03/5/2024 12:59

WQ

I hope that you are right My figures are £15 -30 / 40 per share but those recent large US purcheses are worth noting. They were on home ground and security matters which is why I am hopeful for PANR

[mmt1] 03/5/2024 12:58

With no debt, and most probably ~$8mill profit per month profit it is hardly survival mode. However in the current situation which they don't know how long will last it is also not the time to be doling out dividends or doing buybacks... Just sit, hold on, and see what transpires...

Personally I think they should be looking to grease a few grubby hands to get a deal struck quicker.. this has gone on long enough.. It is possible this is what the people holding up the process are after.

[worldquant] 03/5/2024 12:49

SS

IMO it explains the constant crush down on the share price
Be interesting to see if there are no afters again tonight.
First 3 days this week no after hrs trades - just one yesterday of 400 quid.
.
Some entity(s)IMO have been buying in mkt - then bundling up and transferring after hrs for ages......that has stopped completely this week.

[shortsqueezer] 03/5/2024 12:43

Its possible. Even if just to hold the share price up from being trashed to oblivion.

[worldquant] 03/5/2024 12:42

#gkp #gkptakeover
Well
@Gulf_Keystone
CEO said - in public - only a few weeks ago that
"shares were FANTASTIC VALUE CURRENTLY"
so begs question
"Why aren't you buying them NOW with your excess cash?"
Perhaps this explains it.

[furenstaurus] 03/5/2024 12:28

We have north of 90m dollars in the bank and growing that 6/7m a month.No new capex spending is coming from an independent GKP .So they really should be buying their own stock, but they can't do that in market if they are in firm sale implementation agreement TBA.Against UK takeover code, "frustrating action".However using a proxy(s) , and actioning a year or more ago , is legal, and they changed bye laws to allow this WITHOUT informing the market.That meant they could buy a lot cheaper than if mkt could see them directly buying.I think they should have been buying , I am confident they have.Soon find out.