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.

sure i read.....indian government backed oil company are looking/trawling for opportunities to increase reserves for the future......also mentioned was a russian approach......not gonna cross my fingers.....just keep watching.......have a good weekend all

Let's hope it breaks this 90p barrier soon....EK is shorting this so if he started at 70p it must be hurting his pocket big time : at a guess 100000 shares short, times 20p down = 20000 ouch !....they haven't even finished drilling yet so there is the possibility of more...I must admit that if they discover another big amount of crude, I will fall off my stool !.

RNS this afternoon.
Placing imminent. Should underpin the sp

i'm not sayinmg you're wrong, but from where did you glean this info, as nothing even on GKP's own web site even to hint at same

What placing...?....nonsense Bel1ze8sa....if you are going to blog stick to facts...not crap !.

with the huge rise in the sp GKP would be stupid not to raise funds for any forthcoming drilling costs, makes sense to us.

In that case where is the RNS ?....

required field - 28 Sep 2009 17:43 - 591 of 593
What placing...?....nonsense Bel1ze8sa....if you are going to blog stick to facts...not crap

answer ... Page 17 of the investor presentation

wait for the institutional presentation, interims on wednesday,keep up!

If further funding is a priority ...where is that funding going to come from?

read the presentation - lol!
the institutions are already signalled, but of coutse it is far from impossible that a predator will seize the initiative.
however, i certainly don't agree that a placing will "underpin the sp" ..... there are a zillion examples where this has proven not to be the case

wednesday can't come soon enough.....speculation over and the facts out and in the clear.....then its get the fag packet out.....or solar panel calculator....

good luck to all for the big day

Belize...give more details in that case..many of us have not read page 17 of the presentation...out of the blue you say there is a placing....

Don't like the fact they say "Go or Grow" are they about to sell out to the highest bidder?
They're also taking the share price as of 17th Sept.09 @ 72.95pps for the offer price to be determined. quite a bit lower than at the mo.

.

Shaikan well.
Fully diluted working interest(1) GKPI 51% could be as low as 25.5%
Estimated oil in place(2) 1.5 3.0 billion barrels. GKP's management estimate..

BB ..... i am confused (easy!) and have prob missed something along the way (very likely), but i don't follow your last 2 posts .... not least, sp is currently about 85

for myself, i would not mind in the slightest if a predator came snapping, or however else he might like to come

I was just reading through the presentation and wondered if all was as good as we are led to believe.....

well (sorry!) other than the fact that sp is really struggling to break 90, it is holding up very well (currently 88.5), so others seem at least reasonably happy

sounds like it is gonna be a bit of a down and then back up day on wednesday.....lets hope the drilling comes to an end soon and an indepth report follows.....which is like knowing the sun is gonna rise tomorrow......good luck all

watcher