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Good god and then mikey admin turns up!!!.. u gotta laugh..... thought u were selling back in july mikey??? Oh more BS from this fraud....1 of many!!!.... go back to 3 lies and talk to urself as ever..... say hello to oilcan n crew!!!
Really ccc..... then start by celicourt comms actually answering the questions being posed!!!... but they dont do they!!!.. utter waste of space!!!... too many unanswered questions fuels speculation FACT....ferrier has been a proven liar so pls tell me how we should just accept this nonsense...i mean christ barely 2p old money!!!.... REALLY!!!
****eye it has been posted before but i will c if i can find it when i get a minute. But it basically states in the byelaws regarding sharebuy backs, they can only be held in treasury for the purpose of vesting interests of staff bonus scheme or whereby a change of control takes place activating the bonus shares scheme otherwise they will b cancelled. Now given that the vesting interests are not until 2021/2 then why r they being held?...... but as ever more questions than answers with gkp, nothing changes!!
Ss....it was sarcasm... as ive been stating the pump back in 2012 of imminent TO was for the institutions to offload to retail.....its the opposite now hence the silence, the city dont want retail involved.....i just find it funny the comments JF comes out with....as i say he couldnt lie if his life depended on it!!
Well if this is the rig we r using...DQ040 has CNPC plastered over it!..... but Ferrier has no knowledge of chinese activity on his watch!!!... honest guv!... jeeesus ferrier u really r making urself look increasingly stupid, u couldnt lie if ur life depended on it!!
Well having read malcys blog it was encouraging to read about Erbil and how safe it is given ive never been....and dont intend to if im honest!!... no disrespect intended. Whilst we learnt nothing new, not that would be the case, he does sound very positive. Its the last section that is the most interesting 4 me....
Gulf Keystone already has substantial cash flows which fund all this capex, a buy-back programme as well as a dividend which offers shareholders a yield at the moment of around 8%. This means that an investor, whilst being able to assess the risk of the future programme actually being delivered is being more than adequately rewarded and should it all come off then it will repay in spades, just a shame that Sammy won’t be staying for the show but he should take great credit for the company’s recovery and recuperation.
So malcy an 8% divi is more than adequately rewarding us is it? Not if u lost 95% on the restructure!!!... however he then says that it will repay in spades when it all comes off.....lets hope its not paid in real spades and we LTH av to actually go out there digging !!!... but to say shame about sami not seeing the show seems strange?... i mean one minute we av him blubbing at the presentation about a divi and how proud he was...then the nxt thing hes walking????? ....just doesnt add up??? But then nothing at GKP does..... just waiting and waiting and waiting for the 'show'.......just hope im not dead!!!
KRG announces $420mn in infrastructure spending
5 hours ago | 261 Views
Holly Johnston
A+A-
ERBIL, Kurdistan Region — The Kurdistan Regional Government (KRG) is planning a massive, region-wide infrastructure investment to improve basic transportation and services, Prime Minister Masrour Barzani announced on Twitter Thursday.
The government will spend 500 billion dinars ($420m) “creating the foundations for a stronger, more prosperous Kurdistan,” he tweeted. The funds are to be primarily directed towards “roads, silos, electricity lines and water pipelines across the nation,” he added.
After laying the foundation stone for a new underpass on Duhok’s Barzan Street, Barzani told reporters: “Roads and bridges are among those things that can help the development of Kurdistan Region’s infrastructure.”
The KRG will do its best to finish these projects “as soon as possible” and to expand such “strategic projects” to all parts of the Kurdistan Region, he said.
“We plan to mostly implement projects that are in the service of our people. It is true that these projects are significant in prospering Kurdistan’s infrastructure and enhancing the economy, but they will also create job opportunities for thousands of people in Kurdistan.”
He urged the private sector to support the government’s work.
Developing infrastructure is a focus for the Region’s provincial governors. Speaking to Rudaw in January, Duhok Governor Farhad Atroushi said he planned to improve roads between his province and the rest of the Kurdistan Region, an issue that was echoed by Halabja Governor Azad Tofiq, who described the local roads as being in a “miserable state.”
Poor infrastructure has compounded natural disasters in the region, with northern villages completely isolated in a spate of floods last autumn.
Hundreds of infrastructure projects were put on hold for years because of the financial crisis caused by the war against Islamic State (ISIS), a refugee crisis, falling oil prices, and a budget dispute with Baghdad. More than 2,000 initiatives were halted due to the budget and financial constraints, according to Erbil governor Nawzad Hadi.
The loss of Kirkuk to Iraqi forces in 2017 dealt a further blow to the region, leading to a 40% loss in oil revenue overnight, stalling the salaries of public service workers across the KRI.
Improved relations between Erbil and Baghdad have contributed to getting construction crews back to work over the past year, with Erbil’s 120 meter ring road to open to traffic in December alongside the start of construction on the 150 meter road, a project costing $131 million.
- To recommend to the House of Representatives to wait on the approval of the draft law on oil and gas until the completion of the draft law to amend the law of the National Oil Company and the completion of the draft law on oil and gas before the Council of State."
Did actually read it ccc??... it doesnt suggest anything like being on the 'back burner' as u suggest!.. it simply states the the O&G law will not b approved until the amendment to the NOC and the completion to the council of state...so thanks for confirming not on back burner as u suggested!
Your welcome ; )
RE: Share price.Today 10:52
Hadn’t seen the comms that PF2 was back online? I recall they said it would have to be offline in October but wasn’t sure for how long.
No they av not communicated that yet as i believe it will b in a week or 2. I was simply stating the current production with both PF1 & 2 when online.
I note ccc then puts 'lol ' to something that could b construed as negative to kurdistan!! Yeah says it all....crack on ccc...got ur no. ; )
Eh???... pmsl.. so revised 30-33k 2019.... there is ur answer..we r nearing NOV 2019, u do understand that dont u? Im not interested in wot the average is for the year as that is largely behind us!!! We r currently 38kbopd with pf1 & 2 online...we now av SH 12 to add to production altho nos not known yet. So we should b above 40k bopd very shortly... so u go do the math... try looking forward. As for O&G law, signing an agreement with SOMO would certainly go some way to applying the O&G law so just dont c how its suddenly on the back burner! Also i forgot to add to ur quiet period is the possible FDP agreement, but im not sure that will add too much but nice to get signed off.
Im sure celicourt comms r up to speed ; )
Quiet period???... SH12 to come online so we will av additional production, shut down of pf2 coming back online, pf 1 hook up to main pipeline negating the trucking costs and risks completed and starting anytime now, then we av SH 9 gas re injection drill commencing... KRG and Baghdad coming to agreement hopefully by month endish, ive read a few reports now suggesting pen to paper regarding the agreement of oil to SOMO for the budget, so dont know where u get on a back burner from?... its funny we not had any positive press given our progress, but then why would the city want that when they want to accumulate!.... strange business this ... i mean currently 480m market cap... we will av more in the bank soon!!!...... wonder when ferrier is gonna pull his finger out his arse, hes giving neil woodford a run for his money at failing to increase value!!!!.......
Surprised celicourt comms doesn't know all this?
Dont b silly... why no great news, think about it? Why would they shout about it, they want the price low!!!! They only shout from the roofs when they want to offload!!!....... but ferrier has to b held accountable now...market cap 480m! We r gonna av more in the bank soon!!!!.. ferrier is giving neil woodford a run for his money !!!!
I just popped onto proactive investor site to read graham malcom woods words of wisdom... its predominately about solo oil in which i av no interest but mentions us and genel.... but laughably they state we still av interest in AB and BB..... this site is supposedly up to date showing correct SP and latest rns..... these so called analysts r a joke and part of the city frauds so b aware.... they were singing from their towers when offloading now we barely hear anything with all looking good....FAT MALCY, hope they charged u for two seats to get ur fat arse in!... they all av an agenda!!!