Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So this investment bank now owns 5% of GKP. It looks very likely that they and another party or parties bought taconics shares. They are an investment firm based in the Netherlands. The AGM is now fixed for the Netherlands and Jaap Huijskes is our chairman and a dutchman. As a resident of the Netherlands there is one thing I have learned and that is that the dutch hate to lose money so I see these as very positive signs :)
Excited to say i will be attending my first GKP AGM
what would our cashpile be now? roughly 230 million? with another 50ish million due for April, May and June. Things are looking very rosy here. Im looking forward to developments in the next few weeks.
Another 15.5 million net to GKP. Cash pile building nicely :)
I still await the day with bated breath when Oilman contributes a worthwhile post to this message board. I have a strange feeling its going to be a long wait.
Yes, the deramping is pretty blatant throughout the gkp message boards. Just look at the cash build in the company since the start of the year. And we are fully funded to move towards 40 and 55k bopd. Throw in the pipeline tie in and 2nd amendment. The possibilities here are huge. Money talks. The geopolitical situation has also improved massively. I am very excited to see where the price will be in 6-12 months and think alot of positive news will come in the next few weeks along with the AGM.
Whoever bought the 10% tranche at 195 is now in profit :D I would love to know who it was.
There was no reason for this to fall under 195. The buy of 10% of the company at this price should underpin the price and be the base price that we build on. Taconic sold on for a 100%+ profit. Now whoever has purchased 60 million worth of shares is looking for a similar profit themselves and I am sure they have done their due dilligence.
Another regular payment received. I notice we seem to announce this before Genl who always seemed to get paid before us previously. Another 14.7 million in the bank. Im looking forward to the payment for May with current oil price and a longer month. Onwards and upwards :)
This company is in much better condition than it was pre suspension. This coupled with improving operations, increasing BOPD and oil price. I think we are due a rerate in the next couple months.
Nice. We are still chasing Genls coat tails. Im glad to see the long awaited rerate here and long may it continue with lots of big news ahead in the next couple months.
Oil price massively improved and future plans set in motion. This sleeping giant looks to be finally awakening.
Just read through last years accounts. Lots of positives and great future potential here. I for one am very happy with my investment here and think the coming months will be very interesting indeed. The future is clearly mapped out, oil price is on the up and up in two years time we could be generating silly amounts of profits. Also reminded me how happy I am that we are shot of Zahawi.
I agree. Brent is now 76 dollars. We will be following Genel over 200p very soon.
This is the most positive price movement Ive seen in my GKP history. Finally light at the end of the tunnel. Im surprised this board is so quiet. I thought we would track genel upwards and we have and I think there is still much more room improvement from here too. What are peoples thoughts on the "ghost trades" going through after hours?
Some more very nice buys coming in today. Alot of positive chat coming out from Genel and DNO. Things in Kurdistan seem to be changing for the better. I look forward to a share price in multiples of today :)
Oil price hitting new recent highs.
Its a normal scheduled interest payment for our 100 million bond.
Thanks for the figures Lemming. Wow, it really gives a good idea of the possibilities at Shaikan and for the company. The quicker we move in this direction the better.
Another regular payment received. 17.8 million added to an already very healthy bank balance. Anybody done the calculations to see what 55k would bring in monthly with oil prices around 70-80 dollars?