Bought a bunch recently to pull my average down - and here we are again heading for a penny (in old money). The equation is: Good news (eg incoming payments) or Bad news (poo falling) and GKP gets slaughtered. Whatever - connundrum is that as our reserves are massive and lifting costs world class minimal - we look better and better to the ioc's as poo swings inexorably under $50 (thanks to the shalers opening their taps) to average out their expensive offshore fields and help balance out their books. Observed before that GKP's production, collection and wellhead equipment are top quality - but sadly (like the reserves) are virtually worthless seemingly. The Ruperts who manipulate the market have no idea what our latent value is - but it will surely count for something, some day. Interesting times ahead then.......hang on in there guys.
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