It was the written tone mate, not so much what you said. Tccp clearly noted it too. I don't mind bewing corrected, but there's a way. I don't like being spoken down to by anybody, even people who may know more than me. Ah well, after 5 years there's much love here so its OK. I've been in enough rugby matches and kitchens to get the odd snipe and not be cool with it.
But the krg sacking gkp for causing press hoo ha? Jesus. They should have sacked us 4 years back based on that. Early production is GKPs commitment, and 66k is classed as early production. Once that comes, it will be time to hand over the keys surely. Saying that, based on 30 rips a barrell, 66k would be 2 million dollars a day. 700 million a year. Impossible to price us at 85p then..... Surely.
It really feels as the some of the non longer directors were placed on the board not only to control the pay check of TK but to feed free information to some iI investors. The negative infos seem to percolate to other characters on this and III board and to the press in particular sky, ft and the telegraph. Some of the shorters made a fortune of this situation. A few time I found uneasy as I knew when some of these characters on the board were talking about something negative about GKP, such negative things were about to happen in not distant future.
I wonder if some of those II invetors will now chose to sell, time will tell. But what went possibly on in the last few Months has been IMHO criminal to say the least. Of course all these speculatikns are based only on my gut feeling and I have no evidence of what has really happened.
Not being funny or arrogant here. Just pointing out to you and if your posts are incorrect and you then draw conclusions based on incorrect information and your posts turn out to be negative whether intentionally or not, then it is not doing us any favours is it? You are free to post whatever you want but as an observer, I am pointing out perhaps the undesired effect like it or not.
Same issue with using $20 (which is based on a low guess due to your nature) when it had been in the $30s (the only data available). You post it, others repost it, and it becomes gospel. Not helping is it? Just pointing out the pitfalls.
Exactly. There's no time for snipping and arrgant digs. We are all in this as one, to the end for most of us, and people should just reply to worries and comments, minus the know it all tone in carvs post to me. The number of people who confuse realism and concern with negativity does confuse me. You'd be a bit of a clown to only ever see the positives in anything so complex and oil fields like SH don't just get operated on without mucho politics being involved. So based on carveys 30 a barrell, we currently get 750k dollars a day. 23 million a month. Near enough as damn in to 300 million a year. That makes us self funding my my calcs. Let's just see what the figures are when gkp release them. Turning a profit is what we've needed for years afterall.
Why would I want to spread negativity on here after all these years. I have a few concerns. That's allowed, not that I need anybodys permission to voice my concerns. You could just have some class since we've chatted for years, and discuss my concerns instead of shouting the odds and telling me I'm being negative and influencing people on purpose, because you don't think that such low SPs are normal for so long. I don't mate, not at all. And no I didn't see dragons posts as I wasn't about much over the weekend due to doing a house up. Has the nailed on amount been 35 a barrell consistently. I've heard all kinds of numbers and used a lowly level number on purpose, as I said, lowly. Worse case etc. I'm not preaching facts, just my views. God help a man who comes on here and takes my word as gospel. I've always ever said from day one that my words are my own thoughts. And sure, I've said a few times that our production will only ever match demand, even this morning I said that. But if the krg can just boot us if we can't meet demand, that's a concern. Who are you to tell me otherwise eh? As say, we all want to be in a position where the krg tell uis to move along.... Only via selling the licence, not being sacked. GKP cannot handle Shaikan. That's a fact that was clear from the start, not just my view. Its not negative, its positive. Selling the licence would make money faster than waiting for us to drill another 15 wells. Based on that, anyone who is being positive should want us to NOT cope with SH
Fair point Carve. I took the advantage of topping up 3 times today as the sp has to currently be some kind of joke. I don't know what to believe anymore, in truth. I'm confused and heavily invested here and my gut feeling tells me stay invested..... this is all noise.
chand, sounds like you missed dragon ventures' AGM Q&A post that were pasted here from iii. It is worth taking note of and digested rather than just carrying on moaning about the lack of progress because when you keep repeating it on here, some people will take it as gospel. Unless your intention is to spread negativity of course....
JG rightly pointed out that while route to market is being sorted, there is no point having idle facilities around. They are dancing with KRG and the KRG is happy with the status. (see my earlier post too) No threat of them cancelling the PSC due to non delivery unless we have board members trying to destabilise GKP.
Andy, from calculations of the first cargo's receipt, the revenue GKP got per barrel is $30-35 depending on what barrel number you use for first cargo. Again, using $20/barrel could mislead and lead to negativity.
Hopefully, most are here to identify the risks here but generally to talk up our investment. Not talk it down by spreading misinformation.
If you don't believe me, read today's Telegraph. GKP in danger of having its Shaikan licence withdrawn unless this outfit gets its act to gather. Why now I ask, they have done sweet FA up till now why has not this been actioned much earlier. The SP can go to 50p for all I care I still would not waste another penny on this outfit.
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