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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 92.25Bid: 91.50Ask: 92.25Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 0.75Spread as %: 0.82%Open: 92.00High: 93.50Low: 91.50Yesterday’s Close: 92.25


Share Discussion for Gulf Keystone Petroleum


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FlyingHorse1
Posts: 1,263
Off Topic
Opinion:No Opinion
Price:92.25
RE: COMMENT
Sat 16:12
Surrey spot on once more. The difference now appears to be US interest in supporting Kurd independence. Also Russians appear to be on side. Turkey, Iran,Iraq have all suppressed and oppressed Kurdish people in the past so have little excuses for their behaviour and opposition. Am hoping Kurds remember the little old PIs that sunk and lost their money in Kurd oil and one day make it good for them.
 
surreyscot
Posts: 438
Observation
Opinion:Hold
Price:92.25
COMMENT
Sat 13:36
Nothing new from Tony.

There has always been resistance to Kurdish Independence ever since it was first mooted about 5 years ago. Turkey is against it because it will encourage the Turkish Kurds. Iran is against it because it will break up Iraq ( its power base) and Southern Iraq has always been against it because it might lead to the breakup of \Iraq in general. None of this is new. What is new however is the role of the USA under Trump it is no coincidence that the referendum was planned for September.

Payments have always been late - nothing new there either. Just the risk of doing business in a 3rd world country.

The SP ? Well its holiday time and the City is off on holiday ( as are a large number of PI's ) no buying means no demand means drop in SP.

All perfectly normal , nothing sinister.

Just more scaremongering.
Distressed
Posts: 1,419
Off Topic
Opinion:No Opinion
Price:92.25
Oilman63
Sat 12:06
Mr Chocolate Chip has managed to get you to post
More information in your last 2 posts than I've ever seen before, also you have shown great humility
Which is a great credit to you,
Reading between the lines there are many issues out of GKPs control which explains many things
so to sum up my understanding of your posts its if you are a LTH you're cattled if you got in after
Consolidation you have a better chance
So im F*****D lovely
Oilman63
Posts: 642
Off Topic
Opinion:No Opinion
Price:92.25
RE: Mr Chocolate Chip
Sat 11:09
I'm going to make this my last and then I'm going to climb back under my rock :-)
The situation in Kurdistan at the moment isn't good and my colleagues over there are a bit concerned over the referendum and the possible implications it will have. We are of the opinion that neighbouring countries are applying pressure on the Kurds and placing obstacles in thier way. One being the free flow of cash though the Halkbank and this is possibly why payments are not as regular as people would like. Cashti isn't paying his bills on time and one of those is to Baz who has downed tools until he gets $300+ million owed for pipeline work. Now if you add that to my previous you can understand why the share price is where it is and why I sometimes refer to some posters being clueless.
With regards to me holding shares. I have always held since 2009 and the last I purchased was in the restructuring and I was lucky with that one.
I get updates 3to4 times a week from Kurd Turkey and London and it is that earns me the respect of my peers information on the stock market is everything and is the highest qualification in London.

As I said previously I'm being EXTREMELY conservative.
Sorry to sound like a kcoc but it is what it is.

Wishing you well with your investments
CCC.
Posts: 23
Off Topic
Opinion:No Opinion
Price:92.25
RE: Mr Chocolate Chip
Fri 19:36
My son has taught me a very valuable lesson, never take anything for granted, you are what you are for that moment of time and it has certainly changed my view to what is really important in life, GKP is not the priority, but it has been a distraction from the challenges i have faced, albeit a disappointing one, thanks for your comment on this.
I agree with the rest of your post and your thoughts within.
You make a point to where people entered, from a personnel point of view i have written of my investments pre restructuring, what i am hanging on to is what i brought through the OO, this i hope will one day recoup some of the losses from previous entries.
As you say trust is all but gone and Jon will never be able to deliver this,although i recognise leading the company through the restructuring and then trying to negotiate the 2nd amendment with the Kurds is a very difficult, however he has totally ignored the ones who have supported and suffered the most, this has been a complete PI disaster and in my mind has had a negative impact on today's share price and creates more uncertainty, i have contacted the company several times to raise this issue, it will not make a dam difference, but at least it give me a chance to howl down the phone.
Regarding the KRG, we all know the problems and will leave it at that.
I do share the concern regarding the export route, the Turkish can not be trusted and will watch very closely the tone of language from the Turks especially leading up to and after the referendum, which also impacts the potential export route through Iran.
GKP cash position is quite healthy, but it will only cover stabilising 40k bopd and may go as far as raising 55k though shrewd development investment, however i feel the company may not wish to be exposed naked regarding their cash position.
Your small holding is a little surprise, you must of brought back in recently, but hey why not have a dabble. CCC
Oilman63
Posts: 642
Off Topic
Opinion:No Opinion
Price:92.25
RE: Mr Chocolate Chip
Fri 17:36
Predictive text gets me again :-)))
Oilman63
Posts: 642
Off Topic
Opinion:No Opinion
Price:92.25
RE: Mr Chocolate Chip
Fri 17:32
I'm pleased to hear of your sons improvement and I appreciate how time consuming things can be.

It's a shame we didn't touch base off blog years ago.

With regards to (let's call it research) it depends on how I come about it and betraying people's confidence plus could it cause damage. I'm not looking for 15 minutes of fame. Sure I like to wind Bob up by dropping little bits but do you blame me.

Does GKP have a future ??? That depends on who you are and where you entered.
I think what you mean is do you as a LTH have a future with GKP. So let's look at public domain stuff and forget all the ramptastic stuff. For example as the price was dropping just before the restructuring people saying the oils in the ground and it's going nowhere. It was just the ownership changed.

Gkp has a dairy of yearly events and the KRG also have planned events. Take note of the current infrastructure we need the third bit built now overlay all timelines.
Now consider the API situation. With the third bit it's not a problem and potential interest.
Take a look at the costings of what GKP need to buy. It's all out there.
Don't trust what money's is owed just look at passed events and how they panned out for you. I only look at what's in the bank. Can they do everything from that cash ??? Do you trust them ???
How much effect is the PSC delay effecting the company and peoples confidence to invest and how many lies have been told in the past that's putting a drag on the company ???
I think the company is fairly sound at the moment but it desperately needs to shake it's passed and I think after the way they killed investors it's going to be impossible to do.

I know Jon is optimistic but he has not convinced everyone.

A lot boils down to trust. Do people trust the company ??? Do people trust the KRG and do people trust the Turkish export route. Let's not forget Baghdad.

My post is not a bash or a ramp it's to make you think for yourself.

I do currently hold a small amount of shares.

Ps the CPR figures are correct.
Should get some going on the weekend shift.
CCC.
Posts: 23
Off Topic
Opinion:No Opinion
Price:91.75
RE: Mr Chocolate Chip
Fri 15:30
Thanks for your reply.
I am unable to make an effort to attended meetings etc, due to my time looking after my disabled son, although this situation has improved of late.
I understand sensitive information you may have can not be shared on BB, however are you in the opinion that GKP has a future, a yes, no, or unsure would do.
Can you elaborate on what type of " events ".
gyp8
Posts: 1,764
Off Topic
Opinion:No Opinion
Price:91.75
Kurds know a lot
Fri 15:03
It might pay to talk to Kurds who worked on these PSC oil fields, as they will tell you there are over 13700 of that have not been paid a cent .

As to sensitive ammendments , but based on fact as of 2012 DNO had reserves audited of 772 Million barrels of P2 Reserves , of which they were entitled to 447 million barrels, and if oil was selling at @ $50 barrel, there actual title of PSC was worth a total of $22 .4 billion, yes Billion, that meant ans still does any attempt what so ever not to keep DNO title to the PSC makes the KRG UK MNR responsible for that amount.

Now as to what SH holds in Oil in P2 OR it does not hold, it means NZ or JF or 007,AH can not do anything but abide by the PSC terms, they can be ammendments but not to the title and not to the net percentage GKP Hold. and if anyone wants to waste money on a visit to Kurripistan, then get on with it, as at this time all NZ and the KDP are trying to do is consiladte power through a false referendum, that as no legality, as Kurdistan does not have a legal president, its does not have a parliament that sits .

Put what ever in another amendment, but it wont change the facts, that the KDP ,KRG + NZ+ JF, + MNR have no legal grounds to with hold money hold in back costs of recovery, payment for oil.
durby
Posts: 2,383
Off Topic
Opinion:No Opinion
Price:91.75
View Thread (2)
Simple rule of investment ....
Fri 15:03
If you can't understand a company, don't invest in it. If you do however invest, don't complain that you don't have enough information.




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