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They think they can but Motley foolish writing negative articles will definitely move the share price. Even though its lies like a cheap watch
I'm curious. Do you really think a small bunch of weirdos on here can 'ramp' or move a share price?
Will 108p hold ?
Looking by the selling yesterday I don't think so!! If 105p goes today expect a visit to 97p and if that goes we could see 80s . Over to the rampers from last week.
The pipeline isn't opening that's a fact now . Local sales keep the lights on. GKP will just sit out until the 25th September 2025 it's the only logical thing to do now. Independents baby and no more Iraq.
Remaining at 108/109p no one know which way to jump: Will people go for the safe bet and trigger a slip or is the price set now for the continued income without the PL being open????
Rgds Sft
Situation appears to be continuing ad-infinitum:
Baghdad wants Erbil to give up their semi-autominous status, and get them (Kurd oil fields and revenues) back under their control.
Erbil wants an independent state for the Kurds, and the ruling family will take over fully, if they then can get us annoying little IOCs out, and auction off the oilfields anew to whoever - then think of the signing fees and the scope for the return of fullscale pilferring (without Baghdad interfering for their cuts this time).
Both parties want to collect US aide at all costs (the general population will see none of it, of course).
Nobody wants to pay our overdue debts, naturally.
These reasons are why Akipur has no significant ‘say’ in anything, and are a token attempt at honesty and fairness in a hugely corrupt region.
Thanks for posting Blumagnet,
Knowing that meetings are about to take place, and also knowing full well the already seen strategy of Iraqi officials of blaming everyone bar themselves for deliberate cause of delay, they are clearing going on the record as saying they are fully willing to produce crude oil for export. Asking for their share of payment for crude that has already been sold for doing all the work, is clearly fair in anyone's eyes bar an embezzler.
Just stopping them from trying to blame the IOC's for the delay which they have already attempted to do in the press.
Time for them to come clean which most don't believe they will, while still trying to extort USA dollars for aid, while being the primary cause of hardship.
'By the way, ISIS were a CIA proxy, ie, Israeli proxy. Can you not see the obvious. Blowing up the pipeline was all planned etc etc'
Classic 'white knight' bigotry of low expectation. 'Those silly 'brown people' are so easily manipulated by us that we can get them to do anything, even rampage across the middle east slaughtering tens of thousands cutting off heads as they go'.
Actually, as we saw in Sydney just yesterday with a Assyrian Bishop being stabbed whilst saying Mass, they very much know what they believe and how they intend to go about it.
Rot the gamer, what r u on about, the worm has turned completely.
By the way, ISIS were a CIA proxy, ie, Israeli proxy. Can you not see the obvious. Blowing up the pipeline was all planned etc etc
Everything has changed, and changed utterly here.
Rog, what state do you think the Pesh are in after years on Erbil not receiving funding and public sector workers not being paid?
I agree, push was always going to lead to shove here, and Baghdad will not be able to bring the Kurds fully to their knees for good, but I wouldn't overstate the Kurds capability right now.
The one good thing that came from the weekends attacks on Israel is that there will be zero tolerance of any Iranian militia, even army, crossing the border and assisting Iraqi troops like the once brazen, now liquidised, Qasem Soleimani, did with the retaking of Kirkuk.
Despite the SP movement since, the Iranian 'attack' on Israel, however half hearted, strengthens the KRGs hand.
Well here we are again. It’saponce. Exactly as it was 11 days ago when I purchased a ‘day trade @109 and sold it one market day later with my predicted 15% margin. While this moment in time doesn’t quite feel right as another buying opportunity, as successful trader GKP is my ideal volatile stock ( can’t make much money short term on Aviva / legal and general etc. ) I’m looking for the moment to strike.
As for my core long term holding in GKP, a company that is cash positive and profitable, I’ll sit on that for, within reason, as long as it takes for the value to materialise.
As for the notion in today’s article that the pipeline will never reopen because it has been replaced by the repaired pipe and Iranian influenced politicians want to squeeze and control Kurdistan indefinitely. Can that be a long term position? I’m not so sure because history tells us that the Kurds are proud and strong, they also have a 100k strong fighting force that saved Iraq with Western support from ISiS. The Islamists that blew the now repaired pipeline into a thousand pieces. Can Iraq ‘screw’ the Kurds into submission by economic force for much longer before they have nothing to lose by fighting back, and in that respect the Iraqi armed forces do not have a very good record, quite the reverse and I doubt that they’ll risk a battle that they, or anyone, can win.
Let’s see what happens when Erdogan turns up, if he does.
Patience
The trouble is the Market believes every word of that article.
Hence why GKP is dropping like a stone this morning 90s this week anyone. I wouldn't bet against now .
I hope know one got spiked on that false dawn last week.
Sells after sells at the moment.
This clown writes for Motley Fool...says everything.
15 APR 2024
APIKUR Statement on President Biden and Prime Minister Sudani’s White House meeting
April 15, 2024
The Association of the Petroleum Industry of Kurdistan appreciates President Biden and Prime Minister Sudani’s emphasis on swiftly restoring exports through the Iraq-Türkiye pipeline, during their White House meeting.
APIKUR remains ready to immediately continue discussions with Government of Iraq and Kurdistan Regional Government officials to restore exports through the ITP, while preserving sanctity of current fiscal terms, and ensuring surety of past and future oil payments through formal written agreements.
We wish Prime Minister Sudani, and his delegation, continued success throughout their United States visit.
“The $10 billion in investments made by APIKUR member companies in Iraq’s Kurdistan Region oil and gas sector helps achieve Iraqi Prime Minister Mohammed Shia Al-Sudani’s economic and energy goals expressed during his meeting with President Biden at the White House,” said Myles B. Caggins III, APIKUR spokesman. “APIKUR member companies are intensely focused on cooperating with Government of Iraq and Kurdistan Regional Government officials to resume oil exports through the Iraq-Türkiye pipeline as soon as possible.”
- Ends -
https://www.apikur.uk/publications/apikur-statement-on-president-biden-and-prime-minister-sudani-s-white-house-meeting/
Prime Minister Sudani and President Biden affirmed the importance of ensuring Iraqi oil can reach international markets and expressed their desire to reopen the Iraq-Turkiye Pipeline.
President Biden applauded Iraq’s progress towards energy self-sufficiency, and the two leaders discussed Prime Minister Sudani’s interest in future opportunities for cooperation to ensure Iraq becomes self-sufficient by 2030, with help from U.S. companies.
“ Biden calls on Erbil, Baghdad to resolve their issues: KRG official”.
30 mins ago
https://www.rudaw.net/english/world/150420242
Prove it.
You're all hat and no cattle.
Enough data points for geolocating me?
Which one?
The Iraqi government has refrained from denouncing Iran's use of its airspace.
A spokesman for the Iran-backed Al Nujaba militia in Iraq criticised Baghdad after the attack, saying the intervention of US forces "undoubtedly embarrasses the Iraqi government, which seeks to take a clear position on the American military presence" in the country.
and link......
https://www.thenationalnews.com/news/mena/2024/04/15/iran-missiles-israel-iraq/
This mornings meeting between Antony Blinken and al-Sudani, Blinken says 'Everything we have seen today highlights the importance of the value we attach to the relationship between the U.S. and Iraq, a partnership that is genuinely 360 degrees.
Just bought some more
Its no secret that Iran arms all those proxy groups with Iranian religious views. Are you based in Iran Andy, make no mistake, every post here is read by paid individuals in those countries.. I can also prove that as well.
Its clear that some weapons were launched from Iraq, by groups armed by Iran with Iranian backing.
Some of the religious clerics are aligned with the Iranian ones along with many judges.
Noticeable that we have not had outrage that Iraqi airspace violated badly....
Also clear that the Iraqi military didn't try and shoot down the slow moving drones or even apprehend those launching them. Why not.... They were told not to,
Good afternoon Mr Happy!!!!
Back to square one from last Monday!! All gains wiped out as per usual with GKP . Many more false dawns to go yet so hope everyone makes a few quid trading this farce ?? 90s back on the cards as this will be sold down now .
Hopefully this will be bought out for £1.50p soon enough.