Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
"As I can hardly understand you at the best of times, there no point in an argument with you"
Well there is the question? Why is it u need to understand me... or for that fact anything? U clearly after all these years av shown yourself to avin a job to do. U av been busted more times than i can remember!... crack on fella as i know u will, with a job to do..... ur words mean nothing!
Mikeymadmins words.... and this is a man who has never sold a share!!! Make of this wot u will!!..
"Yet people, many of which are most likely losing money on GKP . . appear to have fallen in love with their Shares . . . so much so they are afraid to Sell their Shares . . . or wait for it . . . just in case that elusive imaginary Takeover RNS drops out of a Rose Coloured Sky on top their laps."
Mikey by his own admission has never sold a share... tells u everything u need to know!
Cant kid a kidder mikey... i rest my case ur honour.
Oh god and another one from the past!.... its funny all these avatars from the past who ramped this comp .... all for the insti to offload to retail!... now its the opposite... we r making money and progressing.. all b it after the wipe out !.... the fundamentals spk 4 themselves... but all we get here is the usual negativity and put downs!..... accumulation accumulation... as mikey once said!!!..... good news coming no doubt!
Volumes across all Venues for Thursday and Friday were 4,242,237 and while some may be Buy trades by risk averse people, the majority would have been sells which has caused the Close @ 184p
Heres a fact... mikey ur a fraud!.... nobody ramping us, just reading the rns and watching the presentations.... mikey as u av said for every sell theres a buy!..... make u mind up ffs!!....
Mikey, your III account must have been hacked in Feb 2012.
https://www.ii.co.uk/discussion/t/i-have-the-patience/564862
https://www.ii.co.uk/discussion/t/ill-tell-you-all-what-is-happening/563809
Oh dear... mikey rumbled again and again.... i rest my case ur honour .... send him down!.... pmsl
If I'd sold all my shares over 400p in February 2012 I would have toured the USA in 2012 or 2013
If I'd sold all my Shares in September 2018 @ 300p I'd have been very happy as well, especially if I'd bought back in the 170's in 2019
Lol.... the ol hindsight trader pmsl.... but uve told us u avent sold a share....oh hang on....just the positions u sold!.... its not expensive to go to the good ol U S of A.... keep diggin mikey!
RE: ThoughtToday 15:38
As expected . . . the rampastic GKP protector crew come out in their droves
LOL
Oh dear poor ol mikey called out yet again and all he can come up with is that..... truth hurts mikey.. fraud!..... dont need to ramp we sit at 52 week lows, just read the rns and watch the presentations... quite obvious really.
RE: ThoughtToday 14:45
oh my days - are there still people here that take Mikey seriously........?????!!!!!!!
this is the man that said every single fall from £4.60 in 2012, all the way down to 0.83p several years later, was "insti's loading up"
Pmsl... thank god someone talkin sense regarding mikey...over 10 years posting relentlessly.... bit like bigdog on the loony board!!.. hes never sold a share... his words!!... so doesnt take much workin out wot a fraud and blatant liar he is.. "summits up" mikey...bless his cotton socks.
And last bit...
spring 2020. Once completed, CO2 emissions from DNO’s operated Kurdistan fields are expected to drop to around 7 kilograms per barrel, compared to an industry average of about 9 kilograms per barrel in Norway and about 18 kilograms per barrel globally. -- For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no Tel: +47 23 23 84 80
More posted by beernut
DNO Reports Record Revenues, Production; Steps Up Returns to Shareholders February 06, 2020 01:00 ET | Source: DNO ASA Oslo, 6 February 2020 - DNO ASA, the Norwegian oil and gas operator, today reported interim 2019 revenues of USD 971 million, the highest in the Company's 48-year history, on the back of acquisitions and a record drilling campaign driving a 28 percent year-on-year increase in Company Working Interest (CWI) production to 104,800 barrels of oil equivalent per day (boepd). Net profit last year stood at USD 74 million. The Company exited 2019 with a cash balance of USD 486 million and USD 145 million in marketable securities. The cash balance excludes two delayed export payments totaling USD 107 million net to DNO received from the Kurdistan Regional Government in 2020. In January 2020, DNO completed a buyback program of up to 10 percent of own shares, having acquired 108,381,415 shares at a weighted average price of NOK 10.61 per share (for a total cost of USD 129 million). The Board of Directors has called for an Extraordinary General Meeting later this month to seek shareholder approval to cancel the treasury shares. The Board of Directors also plans to approve distribution of the next semi-annual dividend of NOK 0.20 per share in March 2020, following which DNO will have returned USD 200 million to shareholders since August 2018. Last year, the Company delivered its largest ever annual drilling program with 36 wells drilled or spudded across its portfolio, of which 24 were development/infill and 12 exploration/appraisal wells. Planned operational spend (capital and exploration expenditures plus lifting costs) will remain high in 2020 at USD 650 million. In Kurdistan, gross production from the two fields in the DNO-operated Tawke license climbed to 124,000 barrels of oil per day (bopd) in 2019 (87,400 bopd CWI), up from 113,100 bopd in 2018 (79,700 bopd CWI). Average production of 122,800 bopd in the fourth quarter of 2019 was up 3,000 bopd from the previous quarter. In November 2019, the Company reported a discovery in its operated Baeshiqa license, with the well now undergoing a workover prior to resumption of acid stimulation and testing of remaining reservoirs to assess commerciality. Through acquisition of Faroe Petroleum plc, the Company added North Sea production of 17,400 boepd in 2019. Average production of 19,000 boepd in the fourth quarter of 2019 was up 4,100 boepd from the previous quarter. The Company was awarded 10 licenses in Norway’s Awards in Predefined Areas (APA) 2019 licensing round adding to the 87 licenses already held in Norway and 15 across the United Kingdom, the Netherlands and Ireland. Of these licenses, 28 are on production (13 fields) and the balance in various stages of evaluation, exploration and development. The Peshkabir-to-Tawke gas gathering and reinjection project designed to increase oil recovery rates at Tawke while eliminating flaring at Peshkabir will be completed in
More from beernut... the only source of sense from the loony board!
KRG to Work with New Govt. in Baghdad for Mutually Respectful Relationship: PM Barzani Basnews English 05/02/2020 - 22:47 Published in Kurdistan KRG to Work with New Govt. in Baghdad for Mutually Respectful Relationship: PM Barzani Tagged under en Kurdistan Iraq Erbil Baghdad us is ERBIL — The Kurdistan Regional Government (KRG) will continue to engage constructively with the new government in Baghdad in order to have a mutually respectful relationship, said Prime Minister Barzani during a meeting with US Ambassador to Iraq, Matthew H. Tueller on Wednesday in Erbil. PM Barzani and Ambassador Tueller discussed the need for a strong partnership between the federal government of Iraq and the Kurdistan Regional Government, according to a press release.
I thought they'd already agreed it back in October? Jon, get this sold.
They did but with mahdi who then resigned following demonstrations... the 250k bopd to somo was suppose to begin in Jan but was delayed until they put a new PM in place which they av now in Allawi.... but he has to form gov in 30 days......so as always we wait... at least the agreement is still in place..... but we know anything can happen!!
One from Middle East monitor
Iraqi Kurdistan agrees with Baghdad on 2020 budget share
Image of the Kurdish flag [file photo]
Kurdish flag [file photo]
February 5, 2020 at 7:47 am
2SHARES
The government of Iraq and the semi-autonomous region of Kurdistan have reached an agreement on Erbil’s contribution to the 2020 federal budget, state news agency INA reported on Wednesday.
The deal includes a transfer of 250,000 barrels per day (bpd) from the oil-producing region to Iraq’s national budget, Kurdistan regional government (KRG) spokesman Jotiar Adil was quoted as saying.
Iraq’s 2020 federal budget is currently under discussion in parliament.
Last year’s budget, which included the Kurdistan region’s contribution, was forecast at 133 trillion dinars ($112 billion) based on oil exports of 3.88 million barrels per day at a price of $56 per barrel.
At the moment, KRG’s exports stand at around 400,000-500,000 barrels per day.
READ: Iraq parliament approves budget ending weeks of deadlock
The 2019 budget also included payment of salaries for the Peshmerga, the military force for the semi-autonomous Kurdish region, a move that helped ease the tension between Baghdad and Erbil.
Kurdish officials said they will wait until the Prime Minister-designate Mohammed Tawfiq Allawi forms a new government before starting to transfer oil revenues to national state company SOMO as agreed, INA said.
Adil said the transfer will begin when Baghdad starts meeting its obligations and there is no fixed Kurdish share in the country’s budget.
Allawi must form a new cabinet within a month and face a confidence vote in parliament
From beernut over on the loons site.... but couple of sources now reporting this...
Iraqi Kurdistan agrees with Baghdad on 2020 budget share -state media
BY REUTERS
ORIGINALLY PUBLISHED: FEB 5, 2020
Linkedin
BAGHDAD — The government of Iraq and the semi-autonomous region of Kurdistan have reached an agreement on Erbil’s contribution to the 2020 federal budget,