Indeed. Baghdad know that the Kurds have other options this time around, so that locked in payment mechanism is likely, although these things take time. These interim payments for now are progress though, big time. How much will GKP see out of the 500 mill? I'd be over the moon with 25 mill. The back costs are racking up and we need more cash if we are to commit to PF3 too. Also the cash would clearly bolster our SP anyway.
Hopefully the markets will wake up in a good mood.
just checking the chart signals for the last few days and generally across the last 3months or so In the short term (<<2-3days), MACD and RSI show a dip to 58-62p mark I suspect this is due to the sharp rise in sp over the last few days which have left a few people priced out based based on the thinking that they are paying a premium. This means the momentum in buying has taken an adverse shift Once the price dips to 58p region, this will allow a short window for people who missed the mark the last time to buy in resulting in a pressure on momemtum pushing this into the 75-80p mark
Long term signals show this should exceed the 85-95p window with no indicators after that
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