GKP

F4T - he's right CEO said savings of $400,000 per month, and he's right - GKP is owed $250 million in back costs, also regular payments pending so it is neither totally ridiculous or pure fantasy, listen to what he sayeth as he sayeth the truth....even though this shouldn't matter how you see the charts.

However, seeing how ridiculous you thought it was, yet being the truth - will it change your mind about dancing on the 80's ceiling?....Nothing to do with Lionel Ritchie, but see what I did.

I'd love to see your thoughts in a chart F4T 'cos ya got game my friend! ...Well you've called it better than anyone!

and "it is incredible how the two often collide in mutual harmony"


Merry Christmas y'all!

Food4Thought wrote: Sorry, but i find the notion that you can save 400k on monthly field energy costs totally ridiculous. Pure fantasy IMO on several levels. Are they sending power to Erbil lol.

AdeMcG wrote: As for "Non earning" a second (of what hopefully will be regular payments)from the KRG is imminent and as they owe some £250 million there must be quite a backlog of payments to come, perhaps they could fund the pipeline on behalf of GKP?

There is the £400K monthly reduction in costs that will come from using their own produce for energy uses on plant.
A trial has already happened with Fishkhabour pipeline entry point for Shaikan crude which is only 100Km away as opposed to the 1000K away the current market point (Turkish Cost). Quite a reduction per barrel when this comes off.

Oh and we will have an RNS this week (maybe next) on the 40K bopd production (increase from 23K).

Put this in with the "never been better" political arena (KRG and Baghdad agreements - this would leave only the Oil & Gas law to sort), Budget seems to be agreed and will be formalized soon) and you have the best backdrop "fundamentally" for GKP ever.

It is all in the RNS dated 16th December, my error is printing £ instead of USD $:

ir1.euroinvestor.com/asp/ir/GulfKeystone...id=13075308&ishtml=1


"An amine plant is currently being tested at PF-2, to be followed by the similar plant at PF-1 in early 2015. The amine plants will sweeten the associated gas stream, allowing it to be used as fuel for the production facilities instead of diesel, representing savings of up to US$400,000 per month to the project".

This is where I see the failings in "trading", as an "investor" would know this already

Sorry, but i find the notion that you can save 400k on monthly field energy costs totally ridiculous. Pure fantasy IMO on several levels. Are they sending power to Erbil lol.

AdeMcG wrote: As for "Non earning" a second (of what hopefully will be regular payments)from the KRG is imminent and as they owe some £250 million there must be quite a backlog of payments to come, perhaps they could fund the pipeline on behalf of GKP?

There is the £400K monthly reduction in costs that will come from using their own produce for energy uses on plant.
A trial has already happened with Fishkhabour pipeline entry point for Shaikan crude which is only 100Km away as opposed to the 1000K away the current market point (Turkish Cost). Quite a reduction per barrel when this comes off.

Oh and we will have an RNS this week (maybe next) on the 40K bopd production (increase from 23K).

Put this in with the "never been better" political arena (KRG and Baghdad agreements - this would leave only the Oil & Gas law to sort), Budget seems to be agreed and will be formalized soon) and you have the best backdrop "fundamentally" for GKP ever.

I'm pretty much looking at the same thing as the last chart I posted, which is the same thing Ade McG is looking at, we're in minor waves of the 3 i'm not sure if today was i or we've had i at 69p, too early to say, indicators up though. Diver - quick question, why do you have low of 42.25p
labelled (b) and Wavesurfer has (II) potential bottom of supercycle? Can you post a zoomed out chart so I can see your counts by any chance?

Thanks in advance.




screencast.com/t/9J8bT79YLB

P.S Diver I tried the dimensions you mentioned for screen resolution but looked the same and I couldn't read notes I'd put on! Hence the edit and added link.

PPS - here's WTI crude chart, I've looked at a few charts and they suggest a correction up from these levels before another leg down mid next year - they mostly suggest we're at bottom of wave 3 down so wave up for correction through first half of next year before last leg down. Here's a trendline chart with no counts - screencast.com/t/Y7hqhmihTx

Laters

Fundamentals having nothing whatsoever to do with charts; they merely compliment and substantiate what the charts are telling us But it is incredible how the two often collide in mutual harmony

As for "Non earning" a second (of what hopefully will be regular payments)from the KRG is imminent and as they owe some £250 million there must be quite a backlog of payments to come, perhaps they could fund the pipeline on behalf of GKP?

There is the £400K monthly reduction in costs that will come from using their own produce for energy uses on plant.
A trial has already happened with Fishkhabour pipeline entry point for Shaikan crude which is only 100Km away as opposed to the 1000K away the current market point (Turkish Cost). Quite a reduction per barrel when this comes off.

Oh and we will have an RNS this week (maybe next) on the 40K bopd production (increase from 23K).

Put this in with the "never been better" political arena (KRG and Baghdad agreements - this would leave only the Oil & Gas law to sort), Budget seems to be agreed and will be formalized soon) and you have the best backdrop "fundamentally" for GKP ever.