MOL SIGNS A EUR 615 MILLION REVOLVING CREDIT FACILITY AGREEMENT MOL Plc. hereby informs the capital market participants that it signed a EUR 615 million revolving credit facility (the “Facility”) with a group of ten banks on the 29th of June 2016. I wonder
Cahnd, you are way off. Its not the Kurds who need to break away from Iraq, its Iraq that need to Lick the KRG down the road, Referendum , PUK Gorran dont want it, they see it as an extension of the Fascists Dictator Bazarnis.
Suggest you study the PSC in detail and work through issues, especially the new ones since Crescent Dana gave Hawrmi Bazarni the kicking the thieves deserve.
Try getting your heads round facts, read Shamaran MD& A report on Sedar from May, its very telling, they even spell out they are up a creek without a panel, they spell out the PSC are not legal in international law, they spell out the risks..they spell out they declared commercial discovery and FDP and the KRG backed tracked on paying there costs of the PSC .
Wake up and discuss the issues that matter, stop whinging about Iraq, they have not sold investors down the river, they have nbot run a Ponzi Scheme, they have not put a UK MP on the GKP payroll on £250,000 per year , Iraq never put Gary Kent on £16000 per Quarter paid by GKP and Kent is a Lobbysist for the KRG at Westmenister.
I fail to see how serious investors dont grasp these serious issues since mid 2012 , its like watching England play football, and Roy Hodgson Ferreir lead PI's to destitution
Cityfan you may have doubled and hopefully it works out for you but the point I was making was that 5p is the equilibrium price and therefore fair value. When you bought someone else sold on the basis they thought the SP would fall further (no one sells if they think the SP will rise do they) so right now 5p matches sellers with buyers it's as simple as that.
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