Remember the stock market is forward pricing so people will be running the sums of 55000 barrels and $157M in cash. Ontop of this a second PSC amendment will all add to driving the mid term price higher
Broker Forecast - Peel Hunt issues a broker note on Gulf Keystone Petroleum
By BFN News | 10:10 AM | Monday 08 January, 2018
Factsheet GulfKeystnePetrolmLtd USD0.01 (GKP)
Peel Hunt today reaffirms its buy investment rating on Gulf Keystone Petroleum (LON:GKP) and raised its price target to 270p (from 252p). Story provided by StockMarketWire.com