Member Info for JP2000

For balance, debt $100m repayable June 2023 and $73m won’t be receivable from KRG overnight. Capex required for 55kbopd.

That aside, and so long as Brent +$50 then bullish on GKP over the next 12 months with upside to 200p feasible.

Genel is more diversified but lower production. Malcy favours GENL
GKP has one asset albeit a large one, production in range 36-40kbopd, near term growth to 55kbopd within 6-9mths, CEO retiring (a good thing). Undervalued v GENL c30%.

Both expect to give +10% div yield, both have debt but are net cash on strong balance sheets.

HSW starting to pick up a bit with ABnB float, $86bn v $125m HSW

Do KRG have a spare $1bn in the treasury which they'll hand over on Monday because it's not just GENL & GKP which got hit. More likely we'll get to keep the delta above $50/b until the debt is paid off but that will take a year at $55/b & 40,000 bopd. On the plus side hopefully we'll get news next week on expansion plans to 55k bopd.

jonny, seriously I do understand investments and what I've learnt is that mining is high risk and as a PI you can make money dipping in out or spend 10 years on a roller-coaster. Personally I want to get in about a year before they start paying dividends.

"a good company to invest in"

Perhaps once they've established resources and reserves, produced a BFS, raised $50m for plant, another $10m working capital, another $20m to keep them going in the 5 years until production, 3-4 years post production start to pay down debt, then around 2029-30 they start paying dividends at which point it becomes an investment.

HE1 currently worth £35m on what basis, £5m is nearer the mark at this stage.

Investinvalue: if you want dividends then SLP, THS, FXPO, GKP, GENL, CAML all look quite good at the moment.

Is there any expected newsflow in the next few weeks?

The 50d ma looks like its going to break through the 200d ma tomorrow based on current momentum which is normally a buy signal. Any views?

Ultimately it boils down to free cash flow generation which is a function of the oil price and growth (which GKP have been very poor at despite their assets) and this will attract the buyers.

36,000 BOPD @ $45/B, cap £180m, net cash $40m + $80m owed, yield >10%

It’s irrelevant what happens in the next 2 month as the market generally looks 6 months ahead so it’s saying by May/June 21 life will start getting back to normal.

At 71p, this is up 40% in under a week and sitting on the 200d moving average, next stop 90-100p.

A good day for HSW

"PMO,HUR,TLW (~ +10%)" all heavily indebted and why their share prices have taken a massive hit whereas SQZ is down moderately and growing the dividend.

I don't understand your initial question. Were you really asking what happens if the takeover scheme fails?

and likewise SLP looking strong

@hash they need 75% acceptance and already have c45-50%

I see the logic behind the offer that Baimskaya won't be a popular move. Its just the strategy is wrong, Kaz should never have touched Baimskaya, they'd have been better off paying off debt and growing the dividend.

The the long term chart might be negative and there are better yielding shares, but it s not remotely a “penny share” type company, it’s recovery play over 12 months into the 110-140p region so plenty of upside.

For a large cap with exposure to consumer goods, 3i is enjoying a great recovery run. Surprised there hasn't been more interest on LSE.