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This is a GKP discussion board.
So why dont you explain just what you meant by "re investing" ?
Bluster and BS wont do it.
LOL
Bottom line is you were playing silly sods with Broadfraud , slipped up and gave the game away.
We will be more than OK in 22 years time from 110k bbls a day production from Shaikan . IF GKP still exists (unlikely)
We will be even more OK when GKP is sold on the back of a re negotiated PSC.
IMO
HL in same day.
Barclays were a week the last time. Bunch of bandits.
Totally agree , these idiots are a buy signal if ever I saw one. IF they stop posting nonsense then I will really worry.
LOL
I got mine in Friday you have to transfer it to your cash account.
Investors should prepare for the oil price hitting $100 a barrel
George Trefgarne
During the early stages of the pandemic the oil price turned negative. The American oil benchmark West Texas Intermediate, dropped to minus $40 a barrel.
This incredible event was caused by traders who had agreed to buy oil for delivery in April suddenly finding there was no demand for it as the world went into lockdown. They then had to pay others to take it off their hands and find somewhere to store it.
15 months later we find ourselves in the opposite situation. As the world unlocks, demand for energy, both oil and natural gas, is growing faster than supply. As a consequence, the oil price has risen rapidly since the beginning of the year, by nearly 50%, to over $76 for a barrel of Brent crude. That is the highest since 2018.
Some forecasters even believe the oil price could hit $100 a barrel.
The pace of the global economic recovery – propelled by trillions of dollars of stimulus from governments and central banks – keeps taking forecasters by surprise. All the major forecasters have been upgrading their numbers. For instance, the OECD (Organisation for Economic Co-operation and Development) reckons global economic growth this year will be 5.8%, up from the 4.2% projection it made at the end of last year.
1£ .
I set targets for any investment. There comes a point where I sell sufficient to cover my initial investment. It then becomes a case of when to decide to sell the rest. I usually use Technical Analysis.
SS
Of course this was the price TK had to pay for it. He was ripped off by the Kurds and their PSC.
Its a different ballgame now. So I expect a revised PSC .
IMO
Its all very well building millions of electric vehicles , but its entirely another having the generating capacity and a power grid capable of distributing that same power ( look at Texas recently ) . The UK power grid is almost overloaded as it is and will require 10's of £billions and at least a decade to update it.
Politicians have a habit of making promises they will not have to implement , especially just before elections (LOL) I also imagine no one is going to like their overseas holidays taxed out of existence by some punitive tax on airtravel. Ill believe it when it happens.
LOL
For once I agree with you , that return on investment may indeed be a key reason why no oil major has been willing to commit to Kurdistan so far, or at least not publically. However Contracts can be re negotiated , a PSC is not cast in stone, its a living document. I expect the Kurds are looking at these Contracts now and I would imagine they will be altered in the future.
IMO
IMO
https://oilprice.com/Latest-Energy-News/World-News/Oil-Soars-5-As-Bullish-News-Mounts.html
Ok boys and girls so there are no trolls on LSE and the place is full of only genuine investors ?
Good luck with that one.
LOL
Thats the key driver this time.
Kurdistan only has oil for revenue. It needs time to diversify its economy for the future and needs the cash to do so. Much the same as the Saudi's. Forget all the valuations. The imaginary "issues" and focus on what this has always been about geopolitics. The difference this time is the KRG and ICG are in the same canoe without a paddle.
Yes GKP could eventually design and build PF-3 . Drill 20-30 new wells , build flow lines / pipelines /export pumps/gas processing kit and everything else they will need . But not in the timeframe the Kurds require right now.
Thats why they are talking and negotiating . They need each other and thats why (hopefully) it will be resolved - finally.
IMO
ML I agree , and like you Ill believe it when it happens.
However this time at least they are talking about it happening.
Sometimes , not often , but occasionally , you get a major surprise, and since I am an optimist by nature Ill hold that thought.
GLA
Hope this helps R2R...LOL
What Is Internet Trolling?
In simple terms, trolling is when someone comments or responds to something you post, usually in a confrontational way that is designed to garner a strong, emotional reaction. Although many people use the term in contexts where a sense of humor is appreciated, the truth is that internet trolling can get pretty nasty and isn't always a laughing matter.
The Urban Dictionary has a bunch of definitions under the term “trolling,” but the first one that pops up seems to define it as simply as possible. So, according to the Urban Dictionary’s top-rated definition for “trolling,” it can be defined as:
"the deliberate act, (by a Troll – noun or adjective), of making random unsolicited and/or controversial comments on various internet forums with the intent to provoke an emotional knee jerk reaction from unsuspecting readers to engage in a fight or argument."
Wikipedia defines it as:
"a person who starts quarrels or upsets people on the Internet to distract and sow discord by posting inflammatory and digressive, extraneous, or off-topic messages in an online community (such as a newsgroup, forum, chat room, or blog) with the intent of provoking readers into displaying emotional responses and normalizing tangential discussion, whether for the troll's amusement or a specific gain.”
Those who aren’t quite as familiar with the internet slang definition of “troll” or “trolling” might automatically think of the mythical creature from Scandinavian folklore. The mythological troll is known to be an ugly, dirty, angry creature that lives in dark places, like caves or underneath bridges, waiting to snatch up anything that passed by for a quick meal.
Well said G . Its been quite an emotional rollercoaster for us LT holders on here. But it sounds like we are going to get one last bite at the cherry if that story about the Oil & Gas Law about to be passed - happens.
GLA
Spot on FH1 , thats exactly what happened. retail ended up by accident , with the lions share in what turned out to be one of the largest onshore finds in Kurdistan if not elsewhere. The City did not like that. Then we have the trolls telling us all we are doomed and the II's buying every share they can get their hands on.
Yet some on here still cant see it. Well good luck with that . TK warned us about the expected city "games a long time ago.
An old ii post I have on file , as a reminder .
Take note !
“ Do not be fooled “
So says Broadford bay , part of the triumvirate of fraudsters that have plagued this share for a decade , spinning their lies and deceit - all on a share which they claim is useless and has no value and in which they are not invested . And yet ...still here dishing out advice .....how very noble
The other two conmen are , of course , the rabid Bigdog and the psychotic Oilman . The only question remaining about these liars and fraudsters is ........who do they work for ?
A question from FlyingHorse on LSE - "Why the Derampers?"
"GKP has been plagued by bashers for years now. I would be interested in hearing theories from LTH’s why this bashing is so prevalent. Is it because there is a group of writers being paid to drive negative sentiment? If so what is the purpose? Who would pay for this bashing and why?"
Uncle Tony claims that he has access to and meetings with a Director or Directors who tell him stuff and keep him bang up to date and he calls this source goatcam.
Why would any Director give the time of day to an individual like Uncle Tony unless like Jeremy Asher they were using him as a useful idiot.
He and his acolytes then come on this and other public bulletin boards full of doom and gloom telling us that Shaikan is riddled with problems and is a basket case, a month ago he said that "MOL don't want to spend another dollar in Kurdistan" and told K4N4K "I assure you I don't want any GKP shares."
Lansdowne meanwhile also have a man in the boardroom who keeps them bang up to date and tells them stuff, and he's called GarretSodencam who tells them the opposite and that they should buy 15.5% of the Company or 32.5 million shares.
Lansdowne are the biggest holders of shares in GKP.
So we have Uncle Tony and his cronies Bigdog and Broadford telling as many private investors as they can reach that GKP is a basket case at the same time as Lansdowne, Hof Hoorneman, Blackrock, UBS, Gertjan Koomen, Brightsphere and other institutions hoover up every share that gets shaken out.
I don't know how much trolls are paid but it can't be much when they live in £110k houses in Salford and need to supplement their income by cleaning up old spark plugs.
Follow the money not the trolls.