Member Info for MrCareful

Consultancy Metals Focus forecasts gold will resume its bull run in the second half of the year but expects demand to fall by 2% in 2026, driven by double-digit declines in jewelery and central bank purchases. More specifically, Metals Focus forecasts a continued structural bull run, with gold projected to average around $4,560 an ounce and peak near $5,500 this year. Silver is facing record deficits, driving estimates to average $57 an ounce with potential highs of $60.

Poni, you could also email BBC radio 4 consumer programme "You and Yours" its the type of problem they would look into for the benefit of all.

Many of GGP’s gold producing peers closed peers closed down more than -3% due to fall in gold

GGP closed around -0.14% down at 14.15 at around £7.51

I look forward to updated broker forecasts

Further reporting

https://www.upstreamonline.com/energy-security/iraqi-kurdistan-oilfield-attacked-three-days-after-operations-suspended/2-1-1955726

https://www.upstreamonline.com/people/bp-evacuates-foreign-staff-from-iraq-oilfield/2-1-1955333

Gulf Keystone also announces that it has temporarily shut-in production operations and has taken measures to protect staff in light of the developing regional security environment. The Company’s assets have not been impacted.

Some very big sell this morning. Wonder if that's our new investors making a quick profit

just listened to “the digital human “ on bbc radio 4 where nathanael benjamin from the bank of england explains why they issued a warning over inflated ai business valuations and explains what the banks are doing to protect the economy from any shocks. and jerry ******, silicon valley insider and expert on the social and economic impact of ai shares his experience of booms and busts in the technology industry and his thoughts on who might be left standing should the wheels come off the ai financial band wagon! very glad i’m invested in a gold miner with no debt!

Selling of 25k clips seem to be keeping GGP grrounded at the mo, but expecting a rise later

May be a Qn for Shaun?!

I am grateful that our management has reported back on payment within the 30 day window as they said they would. I am mindful that they were building up export volumes following a total shut down after the drone attacks

Looking forward to the consultants report on pricing which will overshadow past prices paid anyway.

FWIW Malcy remains confident that Genel is extremely well placed and the shares are significantly undervalued with a great deal of long term upside.

https://www.malcysblog.com/2025/11/oil-price-genel-arrow-uog/

As for production, I think DNO have done a good job over the years and I am thankful operations are with them.

DNO making cash sales in low USD 30’s to fund new investments to raise production.Very positive IMO:

“Drilling at the Tawke and Peshkabir fields will restart by yearend with the DQE-51 and Sindy rigs mobilized to drill eight wells in 2026. The Company is targeting an increase from the two fields to 100,000 boepd in gross operated production.”

DNO making cash sales in low USD 30’s to fund new investments to raise production;

“Kurdistan oil is again flowing to international markets through the Iraq-Türkiye Pipeline. Exports resumed in late September after a two and a half year hiatus. To ensure steady and predictable cash in support of new investments to raise production, DNO continues to sell its entitlement oil to local buyers under existing contracts at a price in the low USD 30s per barrel on a cash-and-carry basis.These buyers, in turn, deliver the oil to the export pipeline under arrangements negotiated with Kurdistan.

Drilling at the Tawke and Peshkabir fields will restart by yearend with the DQE-51 and Sindy rigs mobilized to drill eight wells in 2026. The Company is targeting an increase from the two fields to 100,000 boepd in gross operated production.”

In Kurdistan DNO holds a 75% operated interest (GENL 25%)

https://www.dno.no/en/investors/announcements/dno-posts-solid-third-quarter-results-launches-fast-track-kjoettkake-tie-back-2025-11-06/

Good to see you back Rog, ignoring the -ve posters targeting you. ...Trolls, Fudsters and those looking for a lower entry SP or just envious of your trading positions

PUTUP, I have been somewhat spoiled on the GGP board where a large amount of “hidden” info is found and shared including broker notes and research by funds. Please would you share the reports you mention by providing links or copy and paste?

I was only around at lunch time when I recorded the following big trades(all buys)

17-Oct-25 12:21:00 178.9618 20,000 Buy* 177.80 178.60 35.79k O

17-Oct-25 11:32:39 178.498 30,000 Buy* 176.60 176.80 53.55k O

17-Oct-25 11:15:18 176.583 26,793 Buy* 176.00 176.80 47.31k O

Don’t know what went through the rest of the day but LSE price data, for what it's worth, says more bought than sold: Vol. Sold 539,633 Sold Value £950.52k, - Vol. Bought 656,310 Bought Value £1.12m

Understandably all oil shares, (SHEL -2.9% BP -2.8%) fell on Friday afternoon when Trump threatened a “massive increase” in tariffs on Chinese goods and Brent dropped 3.8% . I didn’t notice any large GKP trades on Friday unlike the day before when the GKP presentation was released there were buys of :

09-Oct-25 11:22:55 206.1791 19,398 Buy* 205.00 206.00 39.99k

09-Oct-25 11:02:05 205.00 36,580 Buy* 203.50 204.50 74.99k

09-Oct-25 09:08:47 203.00 50,000 Buy* 202.00 203.00 101.50k

09-Oct-25 08:59:01 202.2908 19,296 Buy* 201.50 202.50 39.03k

Thankfully today Brent is currently up 1.48% after Trump on Sunday sought to calm trade tensions with China, saying Washington wants to help Beijing and not hurt it.

Do you have the broker notes or know when their research was conducted?

I can see why GKP want to list in Oslo. 6 broker buys 1 holdBroker Location Analyst TP (GBX) Rec.

SB1 Markets Norway Teodor Sveen -Nilsen 240 Buy

Arctic Norway Daniel Stenslet 210 Buy

Clarksons Norway Christoffer Bachke 245 Buy

Fearnley Norway Sander Nilsen 206 Buy

Pareto Norway Tom Erik Kristiansen - -

Canaccord UK Charlie Sharp 250 Buy

Peel Hunt UK Werner Riding 247 Buy

Stifel UK David Round 150 Hold

Oslo Listing !