First let me state that that this post will be in two parts as i feel it is called for that i deal with,, The must vaunted DGA report, contrary to popular myth GKP have been in possession of the full report for weeks; as stated. It has been the subject of many false claims and counter claims over the last few weeks if there is any investor out there that really believes that GKP have not had access on a daily basis to this report and that Dynamic Global Advisors, who are employed by GKP, can withhold this report from their paymasters then they show a complete lack of how Oil e+p companies operate.
This company are listed on the AIM they can literally bend any rule they like you or i would never know we are not privvy to Board meetings as for some of the more ridiculous comments from the Nutter fringe i advise you not to base your investments on them. Do your own research and double check the numbers.
GKP have had this report for weeks, it may of been fleshed up or even altered,however there is not a Brokerage/House/Institution in this city that are not of the opinion that GKP and their city affiliates have been in possession of it.
Now to the matter in hand my sources are telling me that the report has been the subject of much ado between GKP Board members. The whispers from here are to expect an immediate statement from Kozel when the report is lodged and aired, now there are certain camps within the city that are expecting news re’ a possible funding solution if they decide to go into production there are also other individuals who are certain that the current news black-out coupled with the recent embargo that was lifted recently is a precursor to a Takeover/Partnering deal with a major oiler (My opinion is that Takeover talks have been secretly ongoing for quite some time with Hunt Oil a possible bidder i could very well be wrong, time will tell).
As for the contents of the DGA report there is no way that any one outside the loop can know. There is speculation that the OIP recoverable resources are not as much as Kozel has intimated on the 14 billion comment made on CNN. However the find is still expected to be gigantic and probably one of the biggest ever found by any small E+P Oiler.
I have increased my stake today on the basis of what i personally am privvy too. I am going to go out on a limb here and publicly state that News from GKP is well overdue and that the pressure on them to release the DGA report is overwhelming. Look for a spike in SP as an indicator of news leaking out from the company. There are no RNS alerts as of yet but we here are all expectant. My feeling is that Monday is the day (I can feel the knives already being sharpened by the Nutters) however it could just as easily be thur/fri it all depends on what impact the company want to make in the market.
There are several reasons why the SP is treading water 1/Political situation in Kurdistan. 2/Failure to publish DGA report. 3/Global Reccession.
GKP have come an awful long way their stock has risen many multiples of times do not be distracted by the petty day to day moronic rantings of so called full time private investors who post utter cack on the Boards.
This company are about to make an awful lot of small investors very happy.