I know my opinion is not considered as serious, due to my novice status compared to the five year plus guys, but they still had all of these current problems (pre war & turmoil) going back a few months, when we hit low 70's from the quite high, appeal price sp of around 2.20 ish ? It just dropped.. IMO mainly on the payment and production and percentile cpr ? The war has just compounded it... had we not been slaughtered pre war issues the damaged sp, might not have been so long... Personally IMO you dont get this much bad luck (or call it what you will) without someone managing it to a degree? Sorry, but I am still currently holding and with a sizeable paper loss, which is disappointing to say the least? When we know the oil is there?
Agreed allot going on, and ISIS really need to be sorted out for more reasons than our SP. I would just think the easiest solution to the share price would be a revision showing as Nostra said a full statement of what we hold/have access to, then the sp would be able to rise as would be expected on increasing output and revenue. Nothing I can do though but wait and hope it all goes to plan, 60% down on my initial so far, but that doesn't scare me, just limits my options. I still have allot of hope in this as do all that are long and strong! : )
We need reliable payments for our work, otherwise, we are just a charity. If we are taking our loans etc because we aint getting paid, then are the KRG really a partner, or just using us? I think there an element of both really. The only reason that we got handed Shaikan, which is what happened, is because we would be whipping boys. Still, we are worth an awful lot more than this, and the payments will come in time, without question. The KRG are hardly flush at the moment, and saying that they have a lot on their plate is somewhat of an understatement.
I have actually been stating this on and off for many weeks now, a simple and TRUTHFUL (not percentile) revised CPR, should raise this Co's sp, to a far more realistic and stronger point... I suppose we can only assume, they want it to be struggling all the time ? The big question... is WHY ?
PS she just forgot to mention as a reason that without another reliable source of energy there will be plenty of people that will be dying of cold this winter in Germany and in Europe, as a result of the Ukranian / russian crisis.... Hence hydrocarbons from kurdistan are badly needed :-)
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