I have no issue with the listings..GKP is where it os through bad manegment and KRG MNR Control.
I think the GKP board should be asking how a CEO borrowed money from GKP, leant it to a Swiss Lawyer to buy shares, without 95% of the shareholders agreeing to it..
I would side with Al Stanton on how GKP Board gave away half of the company to a MIDDLE EASTERN INVESTMENT COMPANY ETAMIC AND LEFT SHAREHOLDERS CARRYING THE CAN.. DESIGNED?
LISTED COMPANY CAN REMOVE PRESENTATIONS AND REPORTS, BUT THEY HAVE TO BE PRODUCED IN A AMERICAN COURT OF LAW WHERE HAWRMI WONT HAVE CONTROL...LIKE OTHER DOCUMENTS WILL HAVE TO BE PRODUCED..I DONT BELIEVE UK LISTED COMPANY SHOULD BE HELD BY THE THROAT BY THE KRG MNR AND GOVERNMENTS..
All opinions if I was so sure about 1p arriving the last thing I would be doing is posting on here. I would be shorting the hell out of it and quietly sit back confident in the knowledge 1p will arrive to make my millions. But your not so that says to me your not sure?
Like I am not sure GKP will return to its heady days, however in my opinion if MNR/KRG wish to make GKP successful nothing will stop it (just look at the numbers - remove the back payments and put a reasonable valuation on the barrels in place and it becomes a very lucrative business.
Cash flow is the issue and MNR can solve this if they want to.
The other company I advised people about the impending capital restructure disaster (on the other BB) is New World Resources PLC (NWR) ... in its glory days it used to trade at multiples of 100p ... now trading at less than 1p ... actually 0.248p .... post capital restructure! Will it ever see 10p?! I don't think so!
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