Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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T was thought the flow of water would be tied in with the flow of oil.
Any info on deals for Iraq to get its much needed water? It was thought the flow of water would be tied in with the flow of water.
Spot on theory!!
The market expects the same and share price tells you all you need to know. NOTHING WILL HAPPEN.
Last Friday in Ramadan, I think it will be a really BIG announcement, something along the lines of…
We met in an atmosphere of mutual respect and now have a greater understanding of each other’s position.
We have agreed to set up technical and political committees to search for a solution through a mutually agreed interpretation of the Constitution.
Come on guy's you know nothing will happen!! Iraq wants no oil flowing through the pipe and will strung it out for years .
Local sales at 35 is OK with instant payments what's not to like.
Only 18 months to wait so sit back and relax . Remember even Brazani is making $300m a month for his family of local sakes so he won't be any rush either .enjoy the weekend
I hope you're right and they do get this pipeline finally open. It's been frustrating to see all those meetings taking place and yet nothing has been resolved
Good luck everyone
You don't have the two top dogs meeting without an announcement....
Kurdistan Region President Nechirvan Barzani is set to visit Baghdad on Saturday to discuss a range of issues with the Iraqi authorities, including salary dispute and resumption of the Region's oil exports.
https://x.com/john78846295/status/1775938857264873711?s=20
Very good
'Cheap for good reason.'
My 20 is already 22.
Tragedy is I bottled 100...what a w*nker.
Story of my life.
In the end it's just money and belief drives share prices.
Always better to get the currency right... (I had used 1.2639 for Cable. FD shares o/s 230.868 million.)
Cheap for good reason.
All of this is about screwing the Kurds. Don't think Iraq/Turkey are quite done with that yet.
Oops, wrong currency.
Point being GKP is massively undervalued right now and will remain so until the ITP is re-opened.
And that will happen albeit under different trading terms.
Value they can have it all for $40 a barrel!!
'The current market cap is $323m...'
Current market cap is in fact c.a.$247m.
Not $323m.
What's happening to you Man? Depressed? Unhappy? Wishing you'd sold more @ £3.20?
Aren't we all.
Cheer up pal.
We're on the right path, even though it's rocky and we're only wearing flip flops!!
Https://oilprice.com/Latest-Energy-News/World-News/High-Oil-Prices-Force-the-US-to-Abandon-Its-Latest-Attempt-to-Refill-the-SPR.html
May be they should buy Kurdistan oil, they can buy it really cheap if they can pretend to be local buyers!💰
"Or 24M per year which equates to a full 10% of current market cap. "
The current market cap is $323 million...
1 year and nothing still! Total stalemate
Also another question which is currently unanswered but I believe we do have the answer here is "why is there a regional shortage when companies like GKP are producing so much heavy crude". We know they are producing to local markets????
See extract below from just a few days ago.
Last year’s massive budget passed in part because of a prior deal between Baghdad and Kurdish capital Erbil that gave Iraq’s federal government the power to monitor and audit the KRG’s oil and gas income.
However, even since the deal was agreed, the KRG has often circumvented the federal government and sold natural resources directly to foreign partners, leading to tension between it and Baghdad.
and the link below to give full context and flavour, as it appears things are most certainly happening right now.
https://www.aljazeera.com/news/2024/3/28/iraqs-overreliance-on-oil-threatens-economic-political-strife
In addition to increased pricing for heavier local crudes, the first sentence is also encouraging "Given the shortages of heavier crudes in regional markets", which clearly states demand is higher than can be sourced. Also means there is clear opportunity to produce higher rates if able.
DNO has a very slick manager (who speaks the lingo) and a dynamic management team, coupled with several World operations/markets …… so they can (and do) play hardball with their customers.
I think we would notice a few changes if they bought us out. 🙏
Or 24M per year which equates to a full 10% of current market cap. Think we've been in the doldrums too long now.
Gkp sales were good on the last report, if regional prices being paid are mirrored which I expect they are its a decent uplift to GKP income of about 20%, so not small beer.
DNO today:
"Given shortages of heavier crudes in regional markets, DNO negotiated with its customers to nudge Tawke/Peshkabir prices to the mid-USD 30 per barrel level. DNO share of sales continue to be paid directly to the Company in advance of loadings."
Looks like a tight market. We're going up, gents.
while gkp get $10 less that's a lot of lost cash !! another will add to tge fcf . if they are getting more maybe an update is in order. but gkp previous record on updates is ****e
DNO which had 'low $30s' as realized local prices in Q4, reports today that they have nudged up the prices to 'mid $30s' via negotiations.
Mad hatter Paul's repeater station