Several Whispers here doing the rounds.
1/ News is about to break re’ the future funding of GKP. (This could have huge implications for stock holders) Bearing in mind that many, many Private Investors have now been shaken out of this stock; which has taken a battering over the last few weeks. I told you all that the Market was manipulating GKP stock and that it expects most small PI’s to be shaken out of the picture when the stock rockets. There have been numerous Big hitters on the private side of the fence who have been hoovering up stock over the last few months on the drops. Dennis O,Brien is one name that has been doing the rounds of late. Maybe as a certain hedge against SEY coming up short.
2/Rumours of a possible tie up with Hunt oil have been gaining ground since a Chinese delegation arrived in Baghdad they are alleged to of spoken of the GKP find and put the cat amongst the pigeons by requesting a tour of the Kurdistan region. To which they were refused.
3/Whisper of a provisional resolution to the ongoing Baghdad/Kurdistan oil dispute may well be on the cards here. The USA have been upping the pressure on the Baghdad central government to seek provisional terms with Kurdistan in-order to facillitate a huge increase in production.
In House notes here are all predicting an upward spike on ALL companies currently sat on/producing oil in Iraq, based on noises coming out of Capitol Hill, this year will herald a major turning point for Iraqi oilers.