Member Info for slingsandarrows

I am no oil man so would ask are there any benefits in re-injecting gas other than getting rid of it? In Paris I asked if the sale of gas would ever be on the agenda and was told that re-injection was the preferred route particularly as production was ramped up.

Put up, 9/10 companies in uncertain times in an uncertain geopolitical environment would choose to pay off debts rather than buy back shares.
It leads me to wonder who lent the money and whether they are also major shareholders who would not like to give up that nice fat 10%.

My goodness there is some tosh being spouted on this Board. The buy back was a bad move with hindsight having bought at a price far higher than the current one but more important it was a bad move with foresight when the money could have been used to reduce debt,which in these uncertain times any sensible management would have done.
We have a poor management team that needs changing,starting with the Chairman - come on you big shareholders dont leave us drifting.

Respond to/talk about Mr Murrey and you give him oxygen. Ignore him and he will fade away, hopefully.

Isn't it strange that people increasingly make statements without any reference to truth or evidence? Perhaps the imminent passing of the era of Donald will reverse the trend.I very much hope so.

Come on Putup. The last buy back was folly whilst holding $100m loan at 10% - yes 10%. Another one would simply drive us nearer to another crisis.

Surrey, you state "Jaap was recruited for a purpose" - what purpose?
Highlander, you state Jaap was"complicit" - complicit in what?
I have no doubt that that Jaap is more than competant - just look at his record in looking after himself and his friends - but his laissez-faire. bunkered approach at GKP has been a disaster and any comparison with peer companies bears this out.

Surrey/Highlander what is the point of posting comments that you cant/wont back up with evidence? It devalues this Board and the posts you put on it.

Highlander, compliant maybe but complicit? Complicit in what?

Surrey, a disappointing post from you. The last time you supported Jaap you were asked to show where he had added value and you did not respond - will you this time? Also you dangle the thought that he was recruited for some specific purpose can you elaborate please? Are you plucking things from the air or do you have some evidence to back them up?

Let's have a clean break,a new start,let's get a new manage team capable of taking the company forward,and to facilitate this let's zap the Jaap.

I assume that when the afore mentioned £20 Chinese bid comes in you will all reject it in view of their appalling human rights record??

Isn't it great to see a company reaching out to the investing community with positive,encouraging statements. Contrast this with our lot who seem totally disinterested in the valuation of the company - a disservice not only to shareholders but also employees. Time for Jaap to step forward or step out - preferably the latter.

GKP has faced considerable headwinds.So has Genel.GKP's market valuation has been knocked by the geopolitical landscape.So has Genel's.GKP's income has been reduced by the lower price of oil.So has Genel's.
I am not aware of any major balance sheet changes affecting either company in the last seven months and yet over the period from the Covid low(March 18) to today GKP's share price has gone up 28% and Genel's 112%.
There is clearly a major discrepancy between the market's confidence in Genel and us. Why? Is there some so far unrevealed skeleton in GKP's cupboard? Are future prospects seen more favourably at Genel? Is there more confidence in Genel's management? I dont know the reason,can anyone shed light on this please?

YAWN

Could you please elaborate? Perhaps pointing to something positive since his tenure at GKP?
By the way I am not a troll if that is what you were implying. I know you see trolls round every corner but frankly why bother being a troll when the company does a pretty good job of trolling itself.

Surrey, evidence??

Jaap is in his hammock down below and as far away from doing something constructive, like resigning, as possible. He is dreaming about how wonderful it is being handsomely paid for achieving nothing.Victories came to Drake but not one to Jaap not even a little one yet defeats there has been aplenty.

How about our well paid, invisible Board members buying a few shares to show their confidence in the company and give the share a much needed boost?
Surely they must be testing the patience of even the most loyal institutional shareholders.

I know I keep banging on about this but a new CEO with the same Chairman and Board will have little or no chance of making much difference. To give him a chance the larger shareholders need to organise a cull of the Chairman at the very least.