Member Info for Itsaponzi

They said that in 2022 so just keep kicking the can down road to keep shareholders holding on a pipe dream of dividends!!
Good luck though 50s incoming at some point this year and no more flooding in the remaining mines.
South Africa is having massive flooding issues as we speak hopefully the cullian pumps can keep up ??

Petra Update!!
No Dividends .
All jam tomorrow this is a complete dead duck till 2025 !!
How much will the debt grow by then ???
Bondholders and institutions still dumping behind the scenes.
The BOD don't even buy here .

What are the expectations from the FDP and CPR !!

This was from a RNS in 2009 .
Gulf Keystone, the field’s operator and majority owner, said the Jurassic and Triassic tests in the well have so far resulted in an aggregate actual test rate of 20,000 boe per day.

“It is our belief that the aggregate volumes suggest an even larger future potential,” Executive Chairman Todd Kozel said in a statement.
The oil miraculously wouldn't have disappeared in the last 14 years or the last 100 million years .
So the FDP on that alone will make for very interesting reading.
When are we expected to get these updates ??

Hopefully not the same mob that done genel !!
Nothing but downgrades .
Time will tell and if someone wants to buy gkp they will want it downgraded.
Let the games begin

When is the CPR due ??
And what are we expecting in terms of upgrades to GKP oil reserves if any .
Back in the day this was supposed to be an elephant field with 20b barrels.
Reserves P2 are 490m ??

Bit the bullet and bought in at 210p!!
All ready down lol.
It's long term so doesn't matter plus nice Dividends all the way .
What are the chances of GKP producing 85kbopd this year???

Looking to dip in here !!
How low will it go if production is stopped ?
? Fantastic opportunity has presented itself here for new investors.
Will hang tight for a few days and see what happens with the pipeline inspection over the next few days.

CEO Mr Duffy WTF!!

50p incoming after that statement.
Feel sorry for investors believing in this ponzi crap !!

Restructuring was £1.80p new money !! Now 77p its high risk with zero return .
I wouldn't touch with a barge pole this year.
It will be in the 40s at some point this year??

Hopefully everyone sold up in the 90s after the recent updates ??
The Market is on a little rally at the moment so it gave you an opportunity to dump here .
No BOD buys yet but then again why would you when you are getting a 300% increase on your holdings for nothing .
February update will see this in the 60s

Nothing stopping this cesspit of a share!! Maybe a punt a 40p but then again if the debt keeps increaseing at a constant rate which it probably will for the next 18 months just stay short !!
I will guess another restructuring in 2026 and shareholders wiped again .
Bondholders take over again rinse and repeat.
Should be investigated if it happens again??
You can't polish a turd .

Neil I'm not here to give advise .
But I know one thing this will be 40p at some point thus year .
This company has a bad history and history is repeating its self again.
How are they going to pay them bonds in 2026 all the time they're adding debt.
2 mines down and their biggest mine is producing low grade material and won't get any better till the middle of 2024.
Divi talk is pie in the sky .
I just said short this from a quid and it's looking good .
I will close around 50p to be safe.
Bondholders are still dumping behind the scenes which tells you everything you need to know.
These African countries are to corrupt to be invested in.
Every shareholder is underwater here now and things will only get worse
Holders only lose here end of .

Waiting for the rampers to give their opinions on what's happening here!! I told you all but got shot down in flames
Is this another Bluerock diamonds scenario in 3 years were they can't pay Bondholders??
Bondholders held 91% now 39% probably will own 0% year end.
Advise here sell up and get out because Petra will be bankrupt in 2026 as eggs are eggs.
Companies like this shouldn't be on the stock exchange robbing investors with pie in Sky statements like dividends.
Adding debt doesn't bring dividends even a crack head with zero IQ knows that .
But the ponzi rolls on while the BOD have a comfortable lifestyle on back of broken promises.
As for 300% Bonuses that has to be the biggest kick.in the balls to anyone investing in here.
They will probably do a capital raise in summer with dilution and more promises that will create shareholders value. BULL****!!
My last post for a while but might come back when this is 50p in October this year.
Hopefully everyone moves on from this ponzi scam and reinvest in something honest ??

Let's hope the BOD deferre their 300% bonuses !!
Would be a kick in the teeth if they accepted them now .
This is a punt now at 40p because that's exactly where it will be in the next 18 months.
Dividend talk is just pie in the sky by this incompetent BOD
Let's hope the cullan mine doesn't have a wall breach in next 18 months then this will be 10p..
And another restructuring which will wipe out shareholders again for the 3rd time in its history.
Nothing but a ponzi and lifestyle company for the BOD who have zero regard for you.
This is a no brainer short now and I could give you 10 good reasons why ??
The conference call later will be interesting!!

Every RNS they write the share gets hammered .
Nothing good here anymore.
I'm sure the rampers will sugar coat it .
That's if anymore are left????

You were all warned !!
The BOD don't care about shareholders value.
With a stronger product mix offsetting the recent softness in rough diamond prices, we remain confident that we will continue to generate cash to fund capex, allow further deleveraging and pay dividends.”
Dividends absolutely no chance ???

Sorry institutions hold 39% !!

So let's look it through clear glasses and not rise tinted ones !!
Institutions owned 91% of the stock 18 months .
They know own 45% of the stock so 50% off loaded in since restructuring.
They have sold at huge loses which is all you need to know.
The BOD hardly buy at these supposedly low levels?
But they're happy to give themselves 300% bonuses for achieving just what NOTHING.
All these crap companies use small investors as mugs mostly ponzi schemes to serve their lifestyles .
As for shareholders value that couldn't be further from the truth .
But good luck as this little market rally won't last .

Barclays cuts Petra Diamonds price target to 90 (115) pence - 'equal weight'

What a complete disaster this company has proven time and time again !! This is a punt at 60p max ??