Member Info for Vivas

Prediction

Will show loss due to pipe line closed

8-000 - 10,000 BPD production

Cost cut and opening of pipeline

Over all aim to retain cash

13,000+bpd will see sp move up.

100gpx is about right

And yes I do have some share's in GKP Because in long run the pipeline will open ( prob end of 2023). Risk is 50/50 so don't invest your life savings. And watch out for pump and dump comments.

Let's be real they are not making a profit. That's why they are cost cutting. People trying to pump and dump. Am I. The middle giving you a rough estimate. What's your figures? I see non in your comment

The update suggest they are to not making much profit and are running at a loss until the pipeline opens.

6 million a month cost.

4,000 barrels a day Vs 40,000bpd

2021 around £150million profit /12 =12.5m per month profit

4000bpd = 1.2million -6million = 4.8million loss per month

increase rate to 12,000bpd will mean 2.4million I loss per month and this is international rate not local.

These are rough estimate. Currently it's 50/50 risk

No I had shares in i3 around 6 months. I invested over £60k lost 10k. This share will go up over time but looking at there RNS it's like pump and dump. Over positive to pump the shares and now all negative to dump sp price. They should have cut dividends to 30% not 50 and kept the monthly dividends. Or even cut 50% but kept the monthly dividends with message of dividends will increase as oil price goes up. Etc this will have kept the SP around 15-16p

Ex dividend coming soon 6% 32p

I agree. I sold my holdings. Lost over 10k. No trust in this company. Good luck. Hope you lot make your money back and sell.

I agree. Monthly dividends was better than quarterly. The main reason I bought this share was for the monthly dividends

Only 3 months away it will start getting cold again. And demand for oil and gas will go up.So if you don't need the money now the sp will go up again to 18 -20 p

Kurdistan Region Crude Exports to Resume Within Days: Official 11/5/2023

The Iraqi Oil Ministry has announced that KRG’s oil exports will restart shortly following a newly signed contract with a foreign company.

https://www.basnews.com/en/babat/806689

https://www.basnews.com/en/babat/804905

ERBIL — Iraqi Oil Minister Hayan Abdul Ghani on Friday told the country's official media outlet that Kurdistan Region’s oil exports will restart soon after the stoppage in late March.

"We have reached the final stage in implementing the agreement with Erbil to resume oil exports from the Kurdistan Region," he said.

I will be buying when it bottoms out

there is always something with this stock and a lot comments on sell, if your long term holder just hold. It will go up again. Make your own judgement of the risk

I think war will end. Ukraine will run out of soldiers, shells ammo etc. Russia also lost a lot and they will not be able to take over whole of Ukraine. After Russia takes over Donbas they will stop and solidify. That's when Russia will most likely talk with Ukraine.

On Twitter : "
@ZelenskyyUa
I had a phone call with Prime Minister of Iraq
@mohamedshia
. Noted that Ukraine is ready for a new page of bilateral cooperation. We agreed to activate all existing cooperation mechanisms and to launch new ones. Ukrainian #PeaceFormula was also discussed. "

Also in another article they are talking about Ukraine running out of air defence.

This might means they are looking for ways to end the war or they will need more munitions of s300 which USA don't use.

I was listening to LBC about EU talking to China to push Russia to peace talks. It looks like waiting game for Ukraine counter offensive. Within the next 3 months something will happen.

*gold

Recession maybe coming good price will go up

The KRG will make a deal by next week,or even this Friday when the market close. They will have no other choice as they can't export oil (they need money to function). It seems it's 50/50 only import/ export handled by Iraq and management of oil companies with KRG. Might be good for GKP as the oil will not be discounted. I will just hold a few shares and see.