Everybody's very down in the mouth this morning based on GKP being itself. I think the best way to have worked this share would have been to dodge in and out for quicker small profits. Alas hindsight. But GKP's rise and fall was never based on anything rational. Try to chill and sit it out another day until the share fluctuation Gods look favourably on us and as someelse observed we can at least break even. Nil Desperandum.
That's the thing mate. People are very short sighted.
To reach that 100k barrells a day, we will need to spend another billion dollars. The company is only worth that now, despite the amount spent already topping that. Sure, we spend 200 million a year on assets which are so far unprofitable, but one day, the money spent will have value. Todds salary, not so much as that's just money which has been given away for little reason, but all the other costs are an investment with tangibles.
Its silly really. Elections soon though. Baghdads stalling carries on. Hopefully M&S will be on the dole soon, and somebody more reasonable will take charge, otherwise, plan B needs to be fully carried out.
Just contemplating our value which of course needs a billion or so of spending before that value can be realised. Compared say to the value of Facebook or Twitter which both cost mega billions to buy at launch, but neither if which had any income to speak of, nor any idea if they ever would have. Here we have something which definitely has high value, definitely has some (recoverable) investment needs and definitely will be coveted. Some day....
Don't beat yourself up mate, that's a big club with a lot of members in it, we all believed the hype. Still many questions unanswered here... Like who funded the cc snd to what end? Obviously the intended goal has not been reached yet.. So called holders on 3i deramping their own investment 10+ yrs a day??? Sound reasonable??? No way! Behind the scenes here something is going on.. Why did gkp change CPR companies?. If dga were in constant attention why no mention of water??? No, nothing adds up now, I given up on any profit, just want my dollar back PDQ. Sick of living my life in flux, can't move on... Atb all
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