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Started by raysor Aug 19 2010, 14:21

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raysor
Moderator, Team

Aug 19 2010, 14:21

Reported by Fox Davies Capital (Daily News Monitor) 11th August:

Gulf Keystone is organising an analyst field trip to Kurdistan from 22-25 August that should provide further evidence of their progress. We remain very positive on the story.

Last edit: davids355 Aug 20 2010, 21:49

Posts: 1001



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J08PNB
Power Poster

Sep 13 2010, 19:09

You were right to be positive. Still on the up and today have moved up again by 8.5% +. I'm glad I popped a few in the basket.


Posts: 114



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raysor
Moderator, Team

Sep 14 2010, 11:16

The upside on this is fantastic. Rumour of fund raising from Chinese.


Posts: 1001



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J08PNB
Power Poster

Sep 14 2010, 11:19

Disaster - Got up this morning to a power cut and couldn't get on line to amend my stop order - Have been forced to accept a 10% + gain. Oh well I suppose that will have to do for 1 day!!


Posts: 114



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raysor
Moderator, Team

Oct 18 2010, 15:54

Gulf Keystone announced this morning that they had raised £109.24m through an oversubscribed placing at 140p. The funds will be used to accelerate the company's active drilling program in Kurdistan.This is a very decisisve and opportunistic move and inline with the Co's strategy of proving up as much as possible of the potential resource to maximise value. The company is now fully funded to fully appraise the Shaikan/Sheikh Abu/Ber Bahr complex. The drilling program should provide sustained newsflow over the next few months.
Fox Davies have a target of 200p.


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