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---------and the current CPR was only used for listing purposes and represents AROUND 10% OF SHAIKAN
An INOC would fast track any project because they have the resources and expertise to do so. Not to mention political clout
( important in the likes of Kurdistan). I imagine they would already have a good idea of the fields potential thanks to modern computer modelling techniques. By resources I mean money/ planning tools and Project Management skills.
IF the KRG are serious in increasing production before the demand for oil slows in the next decade. Then they need to get a move on. Involving INOCS is the way to go. IF they can entice them to come . Im not sure the current Contract Regime offers sufficient reward for the risks they will be taking. So I would expect to see a revised PSC ( or similar) and a reworked FDP.
IMO
CCC
Can you please explain the Gas issue, The FDP Issue , and why you did not agree with my valuation gave last week.
Many thanks
SS
Tell you what Kaaran why dont you give me a brief outline of how you value a resource company like GKP .
6 bullet points . Based on 110kbbls /day in 3 years time.
You are correct , it wont be £10 a share.
Hello CCC,
Why dont you explain the "gas management issue " in detail , but before you do go back and look at some of my earlier posts where I explain it doesnt exist.
Then we have the FDP nonsense. - again.
An FDP is basically a project plan for the future . It also contains a gas management project plan . It has input from MOL and the MNR AND any potential buyers. So why on earth would it have any affect on GKP share price ? Please explain. Again before you do , go back and look at my earlier posts where I explain in detail what an FDP is and how it is complied and by who.
Finally you keep talking even more rubbish about "valuations" I ask again post yours.
Many thanks
SS
Thats not how resource company's are valued.
You were not aware GKP had left AIM .
Thats a fact , not rude.
Perhaps NoBull could help ?
You know the "Genuine" GKP Investor who wasnt aware that GKP left AIM 5 years ago ?
They must be dumbing down City Job applications these days.
LOL
I wonder if one of you financial whizzkids could help poor old CCC with the GKP valuation I asked him for last week ? He seems to be ducking and diving on that one.
BTW CCC there is a very good reason for (apparently) the lack of forward planning. Have a think about it .
Many thanks
SS
This is a GKP Discussion Board. Not some Aunt Sally Bleeding Heart Club .
Please keep it as such.
Thanks
SS
Hello CCC ,
Just a bit of clarification over my valuation of GKP I posted over the weekend and with which you seem to have an issue. I have posted this before and stated then it was carried out by an ex work colleague at XOM ( Exxon/Mobil where I was an advisor.) and who specialises in valuing assets.
Would you please be so kind as to post your own valuation , complete with calculations / assumptions and other factors . That done I will pass it on for comment and post said comments on here.
Finally with regard to the "spat". Implying you are some sort of victim is clearly false all I did was to respond to your clearly offensive post.
Best Regards
SS
Binned - A troll
Just to repeat an earlier post re an expert opinion (not mine ) on the value of GKP . One of my sources told me last year that he estimated GKP to be worth ~ £17 -£25 a share . Based on the current CPR and the (then) OP.
I have stated frequently that I never comment on Corporate Finance issues because I an not qualified to do so . So I repeat this is NOT valued by me but by A.N Other who is qualified to comment.
FH some of them may be paid , but I doubt any of the ones on here or ADVFN are. Would you pay them for the drivel they post ?
More like Mental Health issues , reading some of the latest on here and ADVFN.
What on earth is a "mental delusionary objective " Shades of OM63 indeed.
LOL
Posts precisely co ordinated on here and ADVFN .....?
Intellect isnt a strong point either.
I see one ex Office Worker over on ADVFNB is commenting on some "gas issue" that doesnt exist. Here is a clue , carry out a CBA (Cost Benefit Analysis) then you might understand why exporting gas has to be a LT Objective. Then also explain why "gas issues" are never mentioned in an RNS ? and they wonder why I call them Trolls ?
LOL
The fact you associate, and co ordinate posts with , OM63 (Macfly) and Broadford Bay is all the proof anyone needs. Incidentally I see Macfly has just given you a glowing reference over on ADVFN .
As for replies ? I already have replied to all this nonsense in the past . Go back and check my posts.
There is only one liar on here my friend - you.
Yes CCC I was referring to you , and others.
Swamp rats is a compliment for these City based trolls posting non stop on here.
Believe me.
Bulletin
Its a bulleting Board not the FT so why are you all getting so excited about the views of a single poster ? Plenty of idiots on here to get excited about if you so wish.
IMO
and your point is ?