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Ariana forecast 47% rise in Kiziltepe gold production


Gulf Keystone Petroleum Ltd. Share Chat (GKP)


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FlyingHorse1
Posts: 1,789
Off Topic
Opinion:No Opinion
Price:156.80
RE: Re:600m Back Payments
Thu 16:31
Yes agree there is a lot of explaining to do from BoD. There should be a legal challenge and if letter of law not followed then jail time.
 
Gasgrab
Posts: 330
Off Topic
Opinion:No Opinion
Price:157.00
Re:600m Back Payments
Thu 16:09
I wonder when and if GKP receive this amount will the BOD then recompense the share holders for our loses!!
Armasmaximilian
Posts: 2,594
Off Topic
Opinion:No Opinion
Price:159.60
RE: 600m Back Payments
Thu 15:29
Bit obvious why no? Wipeout
cruisequeen
Posts: 101
Off Topic
Opinion:No Opinion
Price:156.60
My thoughts on BOD
Thu 12:41
Not fit to shovel sh#t
Invstrat
Posts: 457
Off Topic
Opinion:No Opinion
Price:154.60
RE: 600m Back Payments
Thu 10:13
Exactly my sentiment and source of my ongoing grumpiness FH1:
$620M + compound interest back over 3 yrs is a tidy debt owed to a small, struggling UK company operating in a lawless, tribal environment.

Just why JF didn't use it to fend off the 100:1 wipeout remains a serious point which he has to come clean on:
Was it his fear of the allmighty MNR & it's associated mafia (their bid for a breakaway state certainly turned that into a damp squib to our costs !)
Was it wise counsel from the implanted MP (as if !)
Was it a simple ploy to wipe out us lowly PI's in favour of the BHs (or those who stand behind them in the shadows ?).

It will all have to come out in the wash (and heads will surely roll for a BoD making unsound deals with the devil when a perfectly functioning UK legal system would probably have protected the shareholders) - or heads will have to roll if it doesn't.
Whatever.
FlyingHorse1
Posts: 1,789
Off Topic
Opinion:No Opinion
Price:155.00
View Thread (2)
600m Back Payments
Thu 09:37
So BoD have confirmed that MNR owe 600m in back payments. This roughly equates to the debt that was swapped at 100:1 for PI equity. Interesting that crash in oil price didn’t impact this figure. So if MNR had paid this then restructure wouldn’t be necessary. Have BoD really done everything they could to protect equity. Why didn’t they take MNR to court?
FlyingHorse1
Posts: 1,789
Off Topic
Opinion:No Opinion
Price:154.80
RE: Brent approaching $74
Thu 09:32
News flow gets better and better every day. Mind still not happy with BoD.
Bantercity
Posts: 64
Off Topic
Opinion:Strong Buy
Price:153.20
Brent approaching $74
Thu 07:09
Oil price hitting new recent highs.
lee1966
Posts: 16
Question
Opinion:No Opinion
Price:153.20
Share Price
Wed 20:03
When will it hit 1400p so I break even on my doe? Also when do the dividend start?
FlyingHorse1
Posts: 1,789
Off Topic
Opinion:No Opinion
Price:153.20
RE: Capital Restructure
Wed 19:29
Yes it seems they have too much money now and are trying to figure out what to do with it. A bond buy back is an obvious one. They have plenty of cash to get to 55k and even 75k with no debt. This stock is looking way undervalued. There is also the matter of $600m outstanding payments from MNR. As soon as new agreement is announced there will be a rerate. Expect 300p this year and 600p next year.




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