Of course I hope we can get to the £8 plus numbers that have been spouted and which could reflect our true value if we are taking over after getting paid by Kurdistan and once the CPR numbers have proven to be on the very conservative side..
But at least £2 would be a start that I would welcome in the interim... I must admit I would actually sell a few at this price but retain 3/4+ of my portfolio (which is fairly modest compared to some of the big hitters out there) for the big payout we all of course want...GLA
Looking on the bright side, I think we have been quite fortunate in some ways. If ISIS had invaded 6 months ago. we would not have had any funding or the interest rate would have been at Wonga rates...Also, the fact that the US got involved against IS and Kurdistan have been able to defend their positions means that GKP have come out of this terrible situation relatively unscathed.
Contractors are returning, production is on the up and with the new government here's hoping Kurdistan will get their money which should, in turn, we get ours.
If you believe this will come good then simply continue to hold. If you don't, sell up. If you are not sure then pray...I believe that this will come good and the SP will be significantly higher in 6 months than it is now. Actually I hope we are sold for £2 plus and GKP ceases to exist.
In the meantime , the sp is bound to continue to fluctuate but I am not too worried as these are only paper losses after all ;0) GLA
Oh for an RNS stating GKP had got paid for another three and were now owed for twelve. This current position is bordering on sick with the horrible air that it's about to get even worse! Forgive me for the doom'n'gloom but I like my money and don't want to watch it dwindle even farther! Bol all
All this paper stuff is rubbish. Its just a way to justify that youve lost money. Theres more than one form to money, and the value of shares is indeed one. Theres no getting away that GKP has cost us all a lot of money over the last few years since the almost relentless slump after the takeover rumours/450p levels. However, the loss, paper or not, wont last forever really.
The chances of us not getting paid for our oil at some point are between slim and none really. What kind of prescedent would that set for KRG operators looking to invest in the region? Its just not going to happen, and the KRG will keep it on the drip feed at the very least. Once we hit 40k a day, its going to be very hard for us not to coin it in, even if we only get paid in slow dribs and drabs.
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