Member Info for everhopeful

But payment news was material info and GKP said they were not holding any material info. The KRG held on to the payment news to keep the SP low IMO.

MNR and KRG doing there best to screw oil companies so come Jan we will be owed around $150 million

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Could be considered a sign that the KRG are very confident that the HCL and budget will be passed by ICG. I have being predicting dirty tricks too though , if the HCL doesn't materialise and the payments go back to irregular then PIs will get nervous and sell I imagine, should this happen those shares will find safe Kurdish hands imo.

Always being like it , plenty of oil plenty of bent practices.

Thanks for posting Straycat good post.

SHC a poster on ADVFN posted Re a Mexican Co that have declared 500 mill blls reserves after one drill on just 34 sq KM acreage !

Shaikan is about 130 sq KM and the CPR just factors in the Jurassic when there is oil in all the other zones . The CPR cuts off loads of potential bearing pay due to thermals and also due OWC depth , it is also ridiculously harsh in Re to FP giving a value of 0.7% when the recent studies we have seen are way north of this.

Something has to give and soon.

From ADVFN

1waving6 Dec '19 - 18:17 - 595141 of 595167
0 18 1
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Around mid morning today there were a series of trades which were executed internationally marked as SINT, rather than the XLON for London.
Amongst those SINT trades there was a 50K and a 60K
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After hours tonight there was another SINT trade of 300K. This was alongside a series of hefty XLON Trades which included 349K, 76K, 100K and 99K trades. All fairly quickly following the closing auction trade.
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1.939 Million shares traded today.
Looks like corporate activity is increasing quickly but exactly what the purpose is yet to be made clear.
A continuation of trading as per today would likely mean the end game is on us in the very short term.
Maybe a RNS Monday.... if not, watch out for the trades and execution location.
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The execution location comes under the MIC column, i.e. SINT AND XLON
I use the London Stock Exchange site for this info.
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Bugsy911

Posts: 1,490

Price: 202.00

Strong Buy

RE: Where is the payment!Today 17:12
JF would have been booted out long ago from any normal company looking at the destruction he has done here.

Nothing in relation to what he initially said and has then since done adds up and the silence from within is slowly destroying us.

I've zero faith in him delivering anything from this mess and would happily boot him out tonight if we could.

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It is obvious he is just the minder, they parked the coach and told him '' here are the reigns sonny , do not even think of going anywhere, just stay put'', he has had no choice.

Lol, the last time they delivered something was probably back in 2011.

No prob delivering bonuses , for what though? PW did the restructure other than that they have done SFA.

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Thought's of the Loggybog
You should be more worried about the global warming, there are noises from the UN and other places on banning oil and gas companies, and stopping all mining ect, which could effect most of the companies on the stock market, no one will put money in stocks if there is a chance they will be shut down !

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The UN is bent , there is no C02 problem , in fact we need more of it , they want to tax us for generating it to get cash, IE the IPCC is like the Mafia. Wouldn't surprise me if these cabals are buying up oil stock as they spread the fear , then one fine day , all is forgiven we were wrong about C02 Oil is fine again.

https://www.youtube.com/watch?v=UFHX526NPbE

When all that was going on GKPs geologist left , forget his name ( not JS the other one ) , clear sign he didn't want to be associated with the goings on imo. Where did he go yo anyone know?

A Mohtadi continues his pathetic record of oil industries insights then, pretty much the same class as MGW.

$ 250 mill of that $600 mill wasn't due to be repaid for nearly a year , the back costs owed to GKP was 700 mill not 70 mill , this was due to be paid drip by drip with blls produced but with a RBL scheme that could have being got around but JF would not entertain T5 who SM liked at all , very odd and it smells frankly.

The AB write down moving the bonds to unsecured was a clock and dagger move that only SZ knew about since he was a Parabis bank who wrote the Bonds ( and maybe the KRG? ) .

I am no expert but to me it all looks orchestrated. Ashti is in court and how many others should be? we might find out maybe not. The Prize is littered with dodgy goings on , big oil breeds it and Shaikan is very big.

IMO the KRG might have been able to pay GKP all they were owed thus avoiding restructuring , should any real evidence come to light the PIs might well be clubbing together and bringing our own action.

Or the new owners are appointing their man now ?

The Yanks might lay down a full house yet.

US Co's have share holders Russian and Chinese are State Co's hence we see more caution from the US .

Hunt has Smirit but we know next to nothing about it other than there is a lot of oil there , superb flow rates like Shaikan , that Licence probably cost them $15 mill and they will sell it on for $500 mill I guess.

Russia's economy is the size of Italy's but you don't see ENI pushing their weight around , Putin is punching above his weight and Russia needs another leader like him in the wings to continue their larger than life presence . China is incredibly abusive and their longevity on the world stage will be short because of this .

https://www.mei.edu/publications/china-iraq-relations-poised-quantum-leap

https://iraqenergy.org/2019/05/02/chinese-downstream-ventures-in-iraq-a-game-changer/

http://www.xinhuanet.com/english/2019-08/26/c_138340004.htm

Nice , GKP should be sold in a month too BD.

Hard to know FH1 , wouldn't out it past the Kurds to play one against the other and who could blame them after they have being shafted so brutally and so regularly. Re HCL if the MOC has share holders than that would matter ( some what ) but if it's a NOC then no issue.

GKP being a boring Oil Co isn't helping the PIs, GKP needs to borrow that $100 mill and get the SP up by buying hard , £10 is where we should be now.