i think i know whats doing on we were given emergency payments of 20 mill from a third party i believe the third party is the bank in turkeys where the oil revs are held i believe that was done with the say so from krg and also we were allowed to do local sales i feel krg are supporting us i belive the pament system their talking about is direct payment from the turkish bank to the oilies one positive thing we can take strenght from is that all of the oil companys are owed money in kurdistan and not just us krg will not let us fail also the minute krg start paying all the oilies gkp will not be able to hold back or delay RNS to keep share price down as it will be obvious as we will be aware everyone else has been paid personally i feel krg have a several billion dollar loan from turkey against the bank account in turkey i do feel things will turn positive very quickly
Facts are: we have a shed load of oil, probably biggest discovery on the planet in 50 years. We can't get full value out of 25 year PSC FDP for KRG. GKP lacks funds and expertise to do this. Common sense tells me: KRG needs a major to take this on ASAP as shaikan will be a major contribution to their bopd and independence from Baghdad. The will want a good benchmark price for their jewel in the crown and won't be giving it away for a pittance. The current share price is irrelevant. Suitors will be discussing the value of the assets, not the current sp and saying "ok we couldn't possibly pay 12 times multiple of share price in April!". This will be taken over. And at a serious muliple of today's sp. a bidding war will help. I am still hoping for £8+.
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