Could be for a very positive reason, who knows. Without doubt GKP remains a takeover target for the majors that operate in Kurdistan. Are GKP in a closed period because of early stage takeover negotiations? The risk is being out of this one, think about it. GLA like usual.
Only a madman might have forseen the length of time it's taken iraq NOT to have an oil and gas law and therefore payments etc. No doubt whatsoever that the KRG could have been pumping treble what they are now if that one had been sorted in 2010!!
Open to some debate that one! Say for instance if you forget to say something's coming up.... I reckon directors should almost always be in a closed period, especially some of our recent honest souls....
...yes understood patience required...and I also have been here for a long time and am very underwater...BUT IMO the timescale for success is HIGHLY geared to the wilingness of the KRG to exploit, and sweat their best asset. Time is right for ensuring that payments are prompt. If so, this project should be able to surpass the timeframe proposed at the AGM. And following on from Todd's approach the new board are (seemingly) being more cautious with the timing for PF3 and PF4. My hope is much faster to conclude with a) FDP and cash cow or b) Takeover. The latter will be on the cards when we have a new assessment of P2 reserves and like most of you I hope that will be sooner rather than later, as well as the continous ramping up of production, which we are now seeing. Very best to all. R
all this chat going on and on and on, folks do yourself a big favour and put your minds at rest. It really is clear as day. Phone or email GKP IR and ask just one simple question. " Are GKP currently in a closed period ". Guess what the answer is YES. We have already had numbers there is nothing else to report on, SO what is keeping GKP right now in a closed period. Aint Rocket Science. Night Night.
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