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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 4.75Bid: 4.76Ask: 4.88Change: 0.85 (+21.79%)Riser - Gulf Keystone
Spread: 0.12Spread as %: 2.52%Open: 4.65High: 5.20Low: 4.00Yesterday’s Close: 3.90


Share Discussion for Gulf Keystone Petroleum


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dragonfly03
Posts: 833
Off Topic
Opinion:No Opinion
Price:4.88
View Thread (3)
MR 5%
Today 14:55
Was Galbraith Mr 5 %
Dr Who Mr 50%
Why would JF exchange $100 million of Debt owed to GKP by DR Who MNR for an extra 5% of Shaikan.
Hawrmi and JF have valued shaikan being worth $2 billion, gkp SHARE is 54% plus the BIR, minus GKP debt, but GKP still legally own SA.

PI's hire Dana lawyers and head to the Bermuda courts, they would have to take control of GKP, and how can a court ignore $100 million buying 5% of shaikan, GKP own how much plus TKI5% which investors brought shares in GKP based on that 5% being held by GKP =GKPI.
 
SunnyRain
Posts: 848
Observation
Opinion:No Opinion
Price:4.61
Rig GKP
Today 14:52
SunnyRain
Posts: 848
Observation
Opinion:No Opinion
Price:4.61
RE: Sunny
Today 14:48
By no means take this as a tip. Just what it is put RTN on your watchlist if not already there.
Chandley-1976
Posts: 4,174
Off Topic
Opinion:No Opinion
Price:4.61
View Thread (2)
Sunny
Today 14:44
GKP couldn't afford to buy out shares back. DNO can afford to buy our shares though.

We own them!!!! Lets not forget that.
SunnyRain
Posts: 848
Observation
Opinion:No Opinion
Price:4.61
RE: Good or bad?
Today 14:44
There Would be n-o need for dilution and the price would go up....
Chandley-1976
Posts: 4,174
Off Topic
Opinion:No Opinion
Price:4.61
Freddie
Today 14:43
Yeah, the KRG will ultimately decide who take us over. Nobody is taking over licences without their say so. Who buys into GKP though, likely isnt their business, and the bond holders wouldnt own the licence, just GKP. DNO work with the already, so it would make sense for them to take over GKP. But then how wasnt BB sold to Genel either?

We will find out more in the coming days no doubt. First impressions are that luckily, Ill get a few quick back out of this poisoned chalice, and treat the Mrs to a new handbag and a swish holiday, as a consolation prize :D
FreddieCruiser
Posts: 1,285
Question
Opinion:No Opinion
Price:4.61
RE: Good or bad?
Today 14:42
What do you think?
SunnyRain
Posts: 848
Question
Opinion:No Opinion
Price:4.75
RE: Good or bad?
Today 14:40
Funny Guy.
Here's a question If all shareholders decided to Sell today what do YOU think Would happen..?
Chandley-1976
Posts: 4,174
Off Topic
Opinion:No Opinion
Price:4.75
Wiseman
Today 14:39
I think the point is that the DNO proposal wouldn't happen after the D4E, because the bondholders would then sit on the asset and wait for oil prices to recover and for the KRG to buck up their ideas, and see their investment rocket in value when a takeover lands at decent price. Its not if Shaikan is worth double figure billions, its when. Big oil can sit on her for 10 years if need be. We cant and never could, not without KRG payments and that bond being dealt with, which the BoD failed to do. As Ive said many times, we should have been looking to sell half of the company a couple of years ago for half a billion quid or so, to a well funded backer in big oil. Anybody with any sense could have seen the mutual benefit in that. We would have been safe, well funded, and well set for the future, once the oil world panned out somewhat.

So, the DNO proposal would only ever be in place on the D4E route anyway. It will be interesting to see exactly what the DNO proposal is, as will no doubt happen when our great leaders see fit to share it with us irrelevant investors, but it cant be any worse than giving away 90%+ of the company in order to pay off 'only' $300 million in debt. Youd have to assume that the leak is correct though, as they tend to be. If so, the BoD have no option but to accept DNOs offer really, unless somebody else comes in and gets involved in the bids. Either way, we should just pay the bond holders what we owe them for now, and get them out of the room for another few months to buy us some time. We have the cash to pay what we owe for now, so why default on the payment, especially when defaulting results in giving away the company for pennies?! Its a joke.

Come on DNO, so us all a favour and get this dog taken over. It will one day become a Crufts winner, just not under GKPs watch.
FreddieCruiser
Posts: 1,285
Observation
Opinion:No Opinion
Price:4.75
RE: Good or bad?
Today 14:38
I am not religious, probably why I'm invested here and it permanently pants :(




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