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GKP
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10 years 6 months ago #12974
by Seymour Moola
Replied by Seymour Moola on topic GKP
I see that now Amo, thanks
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10 years 6 months ago - 10 years 6 months ago #12990
by Trendfriend
Replied by Trendfriend on topic GKP
I have been watching this closely to see if it hold the 20 day ema @29p, it has broken below.
which logically makes one think this will at least re test the lows imho.
(Barring an amazing last minute recovery off course.)
uk.advfn.com/p.php?pid=chartscreenshotsh...wGKE%3D&symbol=L^GKP
Regards,
Trendfriend.
which logically makes one think this will at least re test the lows imho.
(Barring an amazing last minute recovery off course.)
uk.advfn.com/p.php?pid=chartscreenshotsh...wGKE%3D&symbol=L^GKP
Regards,
Trendfriend.
Last edit: 10 years 6 months ago by Trendfriend.
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10 years 4 months ago - 10 years 4 months ago #13276
by Trendfriend
Replied by Trendfriend on topic GKP
Last edit: 10 years 4 months ago by Trendfriend.
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10 years 4 months ago - 10 years 4 months ago #13279
by Earlgreyhot
Replied by Earlgreyhot on topic GKP
Wondering the same.
News/fundamentals-wise, GKP received two payments from KRG in Sept and Oct towards oil already produced and sold by KRG (that GKP haven't been paid for yet currently totalling over $250m IIRC) of $12m each time and paid roughly mid-month. Many not unreasonably believe the key to improving investor/market sentiment is for payments to be regular and hopefully escalating in amount paid per month. The November payment being now later than expected (but still widely expected given the upcoming Kurdy O&G Conference in London early next week) allied with both POO and very recent geopolitical developments in the ME area in general aren't helping here obviously. Major concern GKP-wise is money in the kitty dwindling rapidly even with reduced OPEX to the point that without REGULAR monthly payments the kitty runs dry to the point that BHrs get involved… KRG have also been ordered to pay DANA $100m within the next week or so which won't be helping the KRG kitty currently strained by Peshmerga and immigrant expenses and low POO).
As ever - in my experience with GKP at least - no more than a punt that could go either way.
Good luck to any here deciding to take a punt!
News/fundamentals-wise, GKP received two payments from KRG in Sept and Oct towards oil already produced and sold by KRG (that GKP haven't been paid for yet currently totalling over $250m IIRC) of $12m each time and paid roughly mid-month. Many not unreasonably believe the key to improving investor/market sentiment is for payments to be regular and hopefully escalating in amount paid per month. The November payment being now later than expected (but still widely expected given the upcoming Kurdy O&G Conference in London early next week) allied with both POO and very recent geopolitical developments in the ME area in general aren't helping here obviously. Major concern GKP-wise is money in the kitty dwindling rapidly even with reduced OPEX to the point that without REGULAR monthly payments the kitty runs dry to the point that BHrs get involved… KRG have also been ordered to pay DANA $100m within the next week or so which won't be helping the KRG kitty currently strained by Peshmerga and immigrant expenses and low POO).
As ever - in my experience with GKP at least - no more than a punt that could go either way.
Good luck to any here deciding to take a punt!
Last edit: 10 years 4 months ago by Earlgreyhot.
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