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Absolutely no doubt there are shorters on TRMR. STT is so obvious it’s almost a joke. Have been here for years as a very long term holder. I’ve learnt in the long run to be ok with shorters as long as you believe in the TRMR story and numbers. Have been looking to buy more sub 600 and this has only been possible because of shorters.
My hunch is that CEO is taking time because has to be approved by Linde and HUI. My guess is it will be someone senior that has close ties to Linde. If that happens the price will boom.
So GKP have received extra $27m cash. Given that no FDP is proposed and about to hit 55kbpd means that this is just spare cash. Expect JH to give it back in next couple of weeks. Time to call JH.
Will this be a Linde approved CEO?
Invstrat - that’s super funny. I’ve managed to do a few deals on the 10% slide. Nice one.
Blimey oil is at $86 and GKP share price drops 10%. Gotta love it!
Maybe Chinese are buying?
Yo Special1 you claim to have no interest in the share. Got to ask why do you bother posting? Have you got nothing better to do?
Sorry ‘strong sp reaction’
Perfect. So in Q4 will announce 55k bpd and an approved FDP presumably including handling of gas. In the past have said steps would be to 75kbpd and then 110kbpd. These incremental steps don’t sound like they need billions to develop. GKP will be generating so much cash that it could easily fund this growth and still pay 10%+ divi. Either way, expect and strong so reaction in Q4.
Where has it been stated that the FDP will be submitted in Q4?
Hi Dr yes I think an EGM would be good. Don’t know how to contact you though.
Yes we know all of this. Now bloody implement it.
Spot on. GKP will be getting serious cash each month when hits 55kbpd. At this rate may have to return 50m to shareholders every quarter.
Could be right Ops. Would explain a lot. Go slow until oil deal signed across Iraq. Secret share holding. Reluctance to drill. Happy to allow cash return, as it’s money just coming back to KRG. Not too fussed about a 100m loan doing nothing. The list goes on. Always suspected that was the long term strategy.
Spot on Anomaly. This is typical of UK enterprise and Govt. If Germans had DMG they would be all over it. Someone needs to call one of the idiot UK ministers and tell them to push this as hard as possible. All likelihood is the Germans will take it over and UK will lose out again.
Spot on. UK has unique opportunity to lead in H. Should give PHE £500m and no holds planning. Jeez they just spent billions on fake Day 2 PCR tests.
Yes they said that before
SS that doesn’t make much sense. Can you legally withhold a FDP agreement from the market?
So Linde backing means that a top German company have been all over the DMG technology. This means that proving a commercial plant has been massively derisked.