Member Info for Itsaponzi

You can't polish a turd . They have a million shares on a short. That's the reality.

Worldquant have just decided to short gkp.

0.5% equates to just one million shares.

So 150s are most likely then.

Are they clever or stupid??

Oil price rise still sends gkp into the red. Let's hope oil stays up otherwise gkp will be settling in the low 160s next weeks.

December payment is a long way off yet.

How far will the market take it down. What's their cash burn for 3 months ? Dividends are a distance memory for a long time now.

Looks like it's trending down again.

At least it doesn't change its habit being a dog with fleas.

Oil at $65. If GKP doesn't go up at least 5% today I would be very worried.

If and when they ger payed in December. The share won't go up . It needs at least one year of regular payment and arrears payed off. Otherwise gkp will be dwindling around 150p in 2026

Most oilys up today with oil up slightly. Not gkp though. Go knows where the bottom is but it's not there yet . Not by a long way. Gkp could be trading at pipeline closer price before Xmas. You couldn't make it up . Or could you more to the fact.

Finishing on its low of the day seems to be the norm now. Through in oil hitting $55 in November. 150s is almost a given here now. Just hope that holds otherwise my 90s prediction 6 months ago might be possible if no payment in December.

It's the none payment that's the worrying thing. Court case exports stop . What a mess this could accually end up.

Not so investors, just the market in general.

They have a good record for late payments. Hence why DNO are sticking to local sales , cash on the hip.

They're seeing how it all pans out first with regular payments. If all good they will export via the pipeline I'm sure.

Using the other IOCs as puppets. And rightly so.

Gkp share price has long way to drop yet. So much for the pipeline agreement and SOMO. A complete white elephant that is destroying share price value.

I would be holding out for 120s by Xmas. And oil going into the 50s or maybe 40s isn't helping.

There might be a cheeky £2 offer from ExxonMobil coming soon.

Strap in and enjoy the ride.

Also, factor in oil at $55. The perfect storm is occurring here. Keep your powder dry. DNO looking like a buy if it hits 11.

Wait for the 150s next week . Maybe give it a month and buy it at the 130s . There's nothing stopping it now. If there is no payment in December, then the 90s are back on the cards. GKP could be skint in February. if there are no payments. Then prey .

Arrears are baked in already.. Putup will tell you the same. The $150m adds zero value.

10 red days on trot . Must be record for gkp.

And it's not finished dropping. 175p is support .

If that goes then 150s is on the books.

Where is the bottom here. Relentless drop.

Where do you see fair value PUTUP?

160s is my guess. What's their burn on cash till they get paid in December.

Also how much will SOMO owe them. Plus the $150m.

Let's hope they get paid on time , otherwise 90p will be a reality. Be ready for the unexpected.

Wow this is really on a downward spiral now.

184p hit this morning.

160s anyone ?? For that matter 150s at this rate.

That was certainly a suckers rally.

Feel sorry for new investors who got spiked by the rampers here.

Are GKP sending their oil down the pipe. You wouldn't think so.

225p to 184p in a heart beat.41p gone

Let's hope 182p holds up next week? Rockhopper has much larger mcap with zero production.

Strange how the market prices these companies.

I know LSE run by crooks .

So for some reason iraq decide not to pay in December. Not out of the question is it. They have previous.

Then 90p could happen. Always expect the unexpected.

Not the best start to the weekend. 197p and dropping. So 182p next stop. After that God knows , 160s a possibility as nothing happening for 3 months.

MM will have fun dropping this as low as possible with low volume daily.

As i said GKP need to get off LSE as it is runs by crooks.

They don't care if gkp had 10b P2 reserves and production at 250kbopd. They would still keep it under £2.

Realty isn't £3 though , most here predicting £3 was outrageous. Poor newbies got suckered in by the rampers. At least my predictions are pretty close.

I will call 190s and possibly 180s before next payment

Where does this constant slide stop?

Chart doesn't look great . 190s by Friday for sure .

No money coming in for 3 months is ridiculous. The fact they agreed to this is beyond me. DNO didn't