Speculation is growing that an RNS is in the offing from GKP. Could be another draw down of funds. Rumour here is that most of the small Private Investors will be gone before Takeover/Production happens. I personally disagree with that sentiment knowing that it was PI’s that were the first to recognise the potential of the Kurdistan Blocks. There is a definate expectation that Kozel is up to some thing as we speak. (I am hearing of a Board meeting that has been held re’ equity/draw down) The speculation from the floors is that expectations may be about to be raised some time this month. Hunt oil are rumoured to be in the shadows cultivating one or two of the GKP/Etamic board. Whether it’s true or just down to a chance meeting between GKP /Hunt who knows. But there’s a definate sea change beginning to be felt here.
PS. I have now acquired a small stake in GKP.