Get real, this is Iraqi oil and the Iraqi government is unwilling to give a fair share of the spoils to the KAR. Please research the politicl situation and you will find that the KAR aka KRG have little control over the situation. Perhaps you would also like to note that the share prices of Genel and Afren have also dropped due to the problems in Iraq. Imo this is a good time to buy as I think the Kurds will hold ISI off from the oilfields. Let us hope so for all our sakes, and I don't mean just us investors! Real investors think outside the box!
really chaps... its been happening, well for a considerable time now, any positive news, is met with a little rise followed (sooner or later that day) by a larger drop/drip... the and this is my laymans opinion, the MM's will milk this cash cow for all she is worth, until the MUPPETS of a Bod... lay out some cold hard non percentile facts about what we really have, how fast it is really producing and that the KRG are not the ones completely running gkp show, but that we have at least one business minded director, capable of running it, as a business rather than being a yes sir no sir three bags full sir to the krg and of course not continually using it as Todds personal piggy bank.. imho then it will start to get serious attention and rise to a figure that the MM's will leave alone, b cuz no more easy pickings ? Patience and time and of course, a lot of luck... high risk, high reward ? maybe ???
anyway, we had a blue day yesterday. back to back blue days is plain greedy. ;0) Looking forward to a good sustained rise next week. 28 Aug will hopefully show us producing 40,000+ opd. If we can sell this then anything below £1 would be scandalous.
many have conspiracy theories like yourself Mulder but nothing has ever been proven as far as i am aware but that doesn't mean i disagree with you. However having said that look what GENEL did on Wed, they sent out a meaningful RNS stating what the KRG had said about oil operations, that they were buying back shares as evidence of their confidence in the region and the company and that production remained unaffected so is it any wonder their SP goes up 10%. We on the other hand get sweet FA other than a 2 liner last week that we were still producing. The issue is we are run amateurishly compared to other companies and therefore we are always going to get hit harder and recover slower
This company has to get through the war situation and then prove it can increase production without dilution and then maybe 2 to 5 years down the line it will get some support. No one is expecting a takeover.
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