http://www.gulfkeystone.com/ The firms exploration programme in Algeria is going well and "the shares look good value", say the Investors Chronicle. Your comments please. goal.

The order book was strong at 15.30pm and the share price spike up

Intraday chart
the downtred pattern since the start of the day has now been broken

RE - today's drop to under 100p was a sign of ...... tell you later

........ The spike down early on the morning was a sign of capitulation.
Panicked behavior often causes a capitulation, investors attempt to liquidate their holdings in these circumstances.

Psychological support tested again @ 100p and held. No upside showing at all currently, just sideways trading. I wouldn't be surprised if it closes below 100p at this rate. Traction to progress the company and a management statement is required.

What about you own assesment instead of " copy and paste" from you know where

panto - was it even possible to trade at that notional 96p? .... at best, i think that window only lasted 10/15 minutes at the very start of the day, so not really "capitulation" at all, but prob just a hangover from friday

Where?

From a trusted poster,who often contacts the company.Make of it what you will?


Re. main listing date,i called IR on Friday last, and was told that the company were awaiting the stamping (which i assume means approval) of the prospectus and for the UK listing authority hearing to occur.
Once these bits are in place then the listing will happen.
No time scales given other than the "on or after the 24th" date given in the listing RNS.

Volitile but trading up

hxxp://www.globalcapital.com/article/kkg54b74b08s/gkp-mandates-for-bond

ADD to post191.


This is also what i was told by IR on Friday.
When asking about funding going forward i was referred to EA's comments on the subject at the analyst presentation.
It was made clear however, that listing COULD proceed with the funding situation as it is.


Tim_Kaye - 18 Mar 2014 - 07:23:49 - 345777 of 345792
It isn't a requirement to have funding in place to move to the standard list - it is a requirement to have a clear strategy on how funding will be raised - this is my understanding of the situation having read the LSE Guide to Listing.

I also hope this is correct,but until the KRG cinfirms it i remain doubtful.

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hopefully this is correct...............

Breaking News …Baghdad, Erbil reach agreement over exporting oil, endorsing Budget
Tuesday, 18 March 2014 11:17 | PDF | Print | E-mail
b_280_189_16777215_0___images_idoblog_upload_1853_13809.jpg

Baghdad (AIN) –The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget.

An informed source stated to All Iraq News Agency (AIN) "KR agreed upon exporting its oil thought SOMO Oil Company where the official announcement of the agreement will be within two days."

"The two sides agreed upon endorsing the General Budget next week after settling the disputes over it," the source concluded. /End/

Read more: http://gkpinvestor.proboards.com/thread/4135/oil-export-compromise-reached#ixzz2wIwwlfEo

119p now.

cynic

re - capitulation

you may call it what you want, that is my understanting on those circunstances and some times is done on the order book by itself to see at what prices the investors are prepare to buy.
It works most of the times, and if so the candlestick is positive for the future, that was the case yesterday and is reflected on the share price movement this morning.

now 121p, moving over last Friday bounce at one time 120p and looking for Thursday 130p

Its quite over here, +18 rise on low volume and no news??

Rising...much better....

panto - capitulation or not - I say not, but it's unimportant - the little chunk I bought back a couple of days ago is now doing very nicely

panto - capitulation or not - I say not, but it's unimportant - the little chunk I bought back a couple of days ago is now doing very nicely

Good rise, more to come...value will show....

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