Member Info for highlander1970

JF is the singular worst thing that ever happened to GKP.

Shows more that insider trading is the norm and that you have to be in it well before any news is out in the public domain.
Quite shocking IMO.

It's going up, don't tell anyone ok?

It's because the crooks in the board room are trying to sell it out from under the shareholders at a knockdown price. They are complicit in the goings on and are fully responsible for shareholder destruction here.

Hope bought 20m debt for 4m. FRR decided to let him on the board through pressure from lenders.
Hope now wants the 20m.
The bod are the ones at fault here. SN and ZM need to answer some questions.
I am not invested here any more but feel for the lth. The reason I sold up was Hope getting on the board and the lies from Bod after he was in place.

let it got through 230 today?

wouldn't be gkp if it wasn't in the red

people need to have a read of the expected upside on drilling. Many multiples of where the proven reserves are at the moment.

I had an unusual flush of optimism, soon faded though
Back to normal again, no doubt it will be in the red tomorrow

Nice one!
Hopefully see a nice rise tomorrow

Will the SP get above the 230 mark this time?

https://www.spe.org/en/ogf/ogf-article-detail/?art=5691
North Sea producing field being sold for $635m . It produces 25k boepd and has 300m boeip
Using the same metrics, GKP is worth £5.53 per share as we stand.
But let's not forget the cost of the production there is over $30 per barrel and GKP cost is around $4

Had to pay 1.94p hopefully won't regret that as I full expect this to be over 3p prior to the funds being confirmed

https://twitter.com/bridsmithTD/status/1146851585617776640
Maybe she'll shut up now...

Completely irrelevant.
Any takeover would mean a cutoff date for legal issues.
It could also be argued that due to the corruption ongoing in the cesspool that is GKP boardroom then it is a necessity for another IOC/consortium of IOC's replace the incumbent crooks.

100 million at 10% coupon is not a side issue. If the lords and masters decided to stop paying again for whatever reason then GKP shareholders would be screwed over again at the behest of the city in order to keep their gravy train running.
Don't forget that this incompetent lying bod PAID to get rid of the company assets, destroyed their shareholders VOLUNTARILY and the REWARDED themselves MILLIONS of shares for doing so.
The reason they want the share price to appreciate now is because they have their holdings on paper.
Ask this question...how much was JF worth prior to joining GKP and how much is his net worth now?

He has done NOTHING since joining GKP.
Production is at the same level as it was when he joined
The company value has been decimated since he sat on the seat
The ONLY people benefiting from him and his clowns being in the boardroom are him, some dodgy MP, loan sharks and the KRG.

He is a liability, NOT and asset

"confidence has gone in JF"
there never was any confidence.
He was deposited in the job by the city and is still there due to the city.
He is there ONLY to do their bidding which is not in the shareholders interests. Look where the money goes and who has the interests in it. Who owns the missing shares? Why does the company insist on keeping the debt?

People are wondering why the sp is not reacting the the latest "incentives " to raise the sp. It's pretty simple really when the company is cash rich yet chooses to sit on 10% coupon debt and decides instead to spunk away the shareholders cash on dividends and share buyback whilst retaining a third of cash value as debt. Get rid of the debt and the 10% throwaway money and the chances are that the price will move. Until then, start firing the Bod for kowtowing to the city spivs. It's not their company and they are not acting in shareholders interest.

So we're not in a closed period at the moment then. No more news for at least 30 days.

or they are sweeping the shareholder vote under the carpet and going to do what they want anyway.

Seems to be the way of it in that there London regulations nowadays.

If it didn't pass, take his keys off him and kick him out...simples! There are far too many pigs at the GKP trough as it is.