Member Info for slingsandarrows

Thanks for the response Put Up. My view is pretty similar. I am itching to build again around 150 but will continue to resist whilst the present Chairman is in place.

Quite right SS this is a gkp board so why dont you take your personal vendetta with CCC somewhere else.
PS PUT UP, I asked for your latest view of the Chairman and the Board.This was a genuine request that values your opinion so it would be great if you could respond.

So often the rational,although sometimes too intemperate,view of GKP and investor's issues what is your view of the Chairman and Board.Can shareholder interests and values be maximised by them?

We need the Chairman out to allow a reset of financial and operational strategy. Until that happens we will continue to drift like the Marie Celeste.

Down to a very small holding currently.Looking to come back in but not with the present Chairman. Whilst he remains in place there seems no hope of the company running events rather than events running us.Drift downwards seems inevitable until the next external shock,which is more likely to be negative than positive. ERRRRRH

Put Up is a valuable and knowledgeable contributor to this board. His put downs are something else - both offensive and unnecessary. Long may he continue to post but without the put downs.

OPF, green/low carbon issues are going to take centre stage in a big way for a while and linked with the endless geophysical problems and no news on PSC and FDP(which I think the market is looking for) is the basis for my current view. I have been wrong before but this is no disgrace with this share!

Digit problem!

Sold some a while ago at 150 and today sold virtually all the remainder at 175. Suspect sentiment is going to be weak for a while.Will not hesitate to come back in if the price dips a fair bit. Good luck all.

Oh there it is!!!!

My post disappeared - very strange. It was to say there is another possible outcome and that is a joint venture/strategic partnership to increase the ability to handle the big issues like dealing with the MNR and the problem of gas in relation to future growth - I have long thought this needs exploring in depth.

Ss, a third outcome is a joint venture/strategic partnership to to enhance the ability to handle big issues like dealing with the MNR and gas .

KRG!!!

CCC,Hmmm Otega makes the FRG look like pussy cats.

Bravedog, I understand the legal issues here but would ask what are the business issues?

BB interesting and useful post. Facts are a real nuisance but they sometimes do help to keep feet on the ground!

Putup,A CEO's first duty is to look after the interests of the shareholders(whether they are whingers or not) and one of those interests is to have regular feedback on the progress or otherwise of the company. GKP has not only been very poor at this but they have consistently left key issues out of their reporting, doing nothing to enhance long term shareholder confidence. I hope our new CEO will improve this but the fact he has not bothered to give us a little hello is disappointing and I hope is not a sign of things to come vis a vis communication.
Re buybacks, I hope they are now firmly off the agenda because rhe underlying risks facing the company are too great and there is a loan that has to be met.

He is plumping up the cushions on JF's hammock.

I have no idea why such a drop except to say GKP is a classic example of a share which over time has had a "hunting " price curve. In essence it has shown a tendency to overreact both going up and going down.i think it says something about the community interested in GKP and of course the ultra high risk/potential high reward nature of the share.
Strap in, it will continue to be bumpy!

Theoryman, I fully support the way you are thinking. I have long thought that joint action,a partnership,a take over or similar actions are the only way for a small company like GKP to maximise their results in this region.
As it seems such an obvious approach I often wonder why it has never happened.I suspect it is something to do with who our major shareholders are.Despite the potential drag of keeping the same Chairman let's see if our new CEO brings fresh thinking and approach - don't hold your breath!!