urnotfunny... do you actually hold any rck or gkp or is it all in the 800% profit one you mentioned on rck board? sorry for off topic a bit... but think you get a kick out of oilers failing to make it ? why ?
We have some of the cheapest explor/extraction costs on the planet, the price mentioned a few years ago was sub $5 pb but I'm guessing that was based on very large numbers on all licenses, the cpr has put the spanner in the works there ( that's if you believe it!!!!) Off shore wells can cost upwards of $60 pb, so you can see if all our ducks were lined up and we had an established and reliable route to market, the area was stable and we was getting regular payments for our oil sales, this really has the potential to be many multiples of its current value.....
The last RNS stated domestic money coming in albeit low, was keeping them going, they were just awaiting the krg to start paying regularly, even though the krg do seem to be getting paid (under the radar so to speak). Hence my issue is not with £'s short term (say till next spring) my issue is KRG never seem to be able to agree on anything and hence if they dont / wont agree, then they wont pay regularly and then yes £'s will become import, however, surely if they refuse to pay through no fault of GKP, then there must be a legal clause that states, GKP can produce and sell to whom they want and who will actually pay... seems a little like krg want the oil and not to pay for it? That of course is a recipe for disaster? Or a super major with loads of £'s and patience, needs to buy in or take over and play the game, knowing the billions of barrels that are at stake, will come their way, sooner or later! That or well I dont really want to think any more about the other option... :(
Is this a joke ? .I thought it would be £10.00 and over ..That was the talk back then on these forums... very similar to high hopes for RKH... Both have bitten the dust ...A shame for those who dreamt of buying a Ferrari and retiring to their condos in Bermuda hey ? Never mind ..
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