No worries mate. This is a shoe in. Just need to hang in there. Of course if I'm wrong, you can always amuse yourself in the knowledge that I am right up the proverbial creek without a paddle. In fact just as a stand by, I am making a shoe shine pedestal to earn some money back if it all goes T--ts up !! ( Well its a step up from the big issue ) lol
as are mine Nots, I have come to the conclusion that my lump and it really is a lump thats in this, will stay that way until I either need to sell for tax reasons *(and hopefully buy back after) or we move back to where this shd be and that is easily above £3 a share IMO
From start of GKP to Exxon rumour and prior to winning court case and the subsequent appeal, our sp rose from pennies to four plus pounds (with Maliki running krg show)? We then fought and won the court case and appeal, whilst still remaining in low 2 pounds ish, then borrowed another 250 mil, at 13% (making 500 mil), but, based on 13ish bb oil. Still plodding on (again with Maliki still running krg show) and still in the mid one pound plus area. Only to then get a 25% cpr, which started the slide from this figure, down to sub one pound plus.... all the time, knowing it is still only 25% not full ! Still above a quid just. Then comes the start of the chaos and down like a stone into 60's. We hang in there. Maliki gets ousted in favour of new Gov, etc etc, new this, new that and lots of promising factors, O & G laws, promised increased production up to 40kbpd. So... I ask, where is the "Hey Presto" recovery ? Why, are we still struggling to stay over 70p. We needed payments at the start and we need them Now, other than that nothing has ACTUALLY changed except the "Promise" of changes that are/about to happen... But nothing has... as yet ? Are you still confident on that tenner Inscutable ? My faith and patience is being tested and really its you, Tcpp, Felix, Andy, SK and a few others, that keep my resolve ? Fingers and Toes are crossed :)
is not fun, it beats the alternative of selling up and then watching this thing hit multiples of its current price. I don't want to be kicking myself for the rest of my days so I am staying put. Long and strong.
I actually wonder what their long term sights are ? As with most business, they usually have a 3-5 year plan ? I bet GKP's wasnt to to from pennies to pounds back to pennies again ? Trouble is, until payments starts flowing... regularly into GKP coffers, nothing much will change ? But what can we do but, either wait or exit, as much as it pains me to wait, I think this is the correct choice... to much oil not to resolve itself in the end... but not enjoying the ride ? Other than winning a tenner from Inscrutable in the near future :) lol
If or when they do iron out an oil and gas agreement one would imagine an sp rise here but who knows? Coming on to the main market only managed to loose me £5k! If this went to £4 I would mostly go as the future for this share still involves independence for Kurdistan and all that entails and personally I don't think the KRG want or have a take over in their long term sights. Went to Tesco's yesterday and blow me they didn't recognise dreams and aspirations as a currency. I'm putting my tin hat on now for all the ubber optomists on board. Gla.
Started briskly this morning then petered out to a paltry affair. There is going to have to be some SP movement soon to generate some action. But which way? Downtrend still seems to be the order of things, but I also believe it could go pop soon with a modicum of decent news. The question is what happens after that? New sustained uptrend? More NW drips? I wonder how many cycles of mini boom then slow dribble back we can have......
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