Pianist, you hit the nail on the head. The report in the mail and FT have all made references to the huige potential of Kurdistan. I feel Genel PR have taken full advantage. I was suprised that GKP did not release an article or a RNS with a positive spin on what the company has. In time IRAN, Kurdistan and Iraq will flood the market and the proce og oil may come down.Additionally shalke and renewables will also play there bit. Come on PR GKP where are you.......
In a couple of years the big oilies will be old hat and unwanted anyway if fracking goes ahead. Britain alone has about 40 years worth underneath that is recoverable, and with hydrogen also becoming popular for cars it could be the end for the black stuff. So if GKP drags its heels much longer they will find that oil will be a thing of the past. We might be able to get a cheaper fuel for heating too!
Thanks to all. Overtime let's say to a half years have we had any really bad news re oil diacovered i ask the question because the bad news we have had has mainly had nothing to do with oil but how the company has been run. A question What responsability do the company have to the shareholders re transparency.
this might be a good time to get into a stocks & share ISA if you haven't already. I loaded mine pre CC and managed to put into 2 accounts 6250 & 6500 each you would be looking at 7240 now. Who knows what will happen after December 13th, we certainly don't!!.
I feel let down here Westhouse Securities have made a claim about recovery rates and its do damage to the sp why have GKP not address this?, its yet another example on why the PR department needs a good shake up. Question now who telling the TRUTH. imo.
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