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The invoice wasnt issued due to the discount to brent which i think is around 21-22 dollars, nothing to do with the 35 price of oil needed to cover all running costs which is now around 28-29 due to cutbacks.

That link doesnt work. what is it referring to?

How are we getting 7.8million net from 10? Should it not be 8.5 million?

what do you think the possibilities are from here? that the company may be sold on the cheap to zeg?

Oryx seems to be owned by the Addax group which is run by Sinopec? hmmmm

https://www.iraq-businessnews.com/2020/08/18/gkp-cfo-to-chair-oryx/

I was under the impression that the shares have been transferred to another owner rather than sold. There has been very low volume here of late, I do not see how they could have shifted the volumes required on the market. Its being suggested that Astaris/Sothic/Koomen have bought these shares for a third party who has now taken control of them.

Lets see. I say the shareprice goes up, you say it goes down. We will know the answer in 6-8 weeks.

Voleon have been reducing their short. Its now down to .99%. I believe when this is completely closed we will rerate.

It will stay like this until new ceo is announced i would guess

Genl is up 16% vs Gkps 6%. There has clearly been downward pressure applied on the price for the last couple months.

Yes, this has been going on for weeks. Anytime it gets near 100 it gets shorted back down. We should be at parity with Genl as an absolute minimum.

Good to see some more director buys. Would love to see some more and bigger also. Oil price is motoring along nicely. We will be at 150 in no time.

Look at Genels shareprice relative to GKP. It is very clear that this shareprice is being manipulated.

That is the million dollar question. But the institutions have been hoovering up millions of shares over the last 2-3 months so its in their interest to keep the price suppressed. Could they use Voleon to suppress the price and allow them to pick up very cheap shares?

Anytime is breaches 100 it gets shorted back down immediately. This should easily be in around 150 with Genel imo and probably would be if it was not being interfered with.

Ive had the feeling for weeks that we are being held down. Most likely being shorted but yes it can not go on for much longer.

I suspect that the share is being shorted. GKP are profitable even at this oil price. With the massive reduction in capex globally oil price will ultimately be heading north in the next 6-12 months. If you look at the institutions they have been loading up at these prices for months and the blogs are filled with trolls ****ging the company on a daily basis, almost like its their job....
Ferrier has jumped **** which I hope can usher in yet another new dawn for this company and I completely understand the frustration that is palpable on this board. Best thing I would recommend would be to enjoy the summer sunshine, check back in here in 6-12 months and I think the share price will tell a very different story at a minimum of 2-3 times todays price.

Yes, the less said about that vermin the better.

Shares from the buy back will be cancelled apart from 1 million so satisfy options.