RE: Market loved the update. Production and then Dana getting paid10 Aug 2023 11:39
Just the fact that GKP are producing again is such a major event. Before yesterday, the lack of cashflows were a serious source of worry but now that’s not the case. Compound that with payments being received by another IOC makes the company worth a whole lot more than than the 14% currently gained. In fact, GKP is in better shape than how the business was recently understood when at the 140-150 levels. With the oil price Acting as a strong tailwind too don’t be surprised to see a real big uplift here soon. Amazing opportunity especially for those that are thinking further income too