focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Rudy Guiliani is our man.... Imagine offering a lawyer or legal firm .05% - 1.0% of all GKPs oil output for the life time of all the stolen blocks... I thinks it's a pretty good offer and something international legal firms would be interested in.
Nothing would make me happier than seeing a line on yearly balance sheet of a payment to a legal firm for a job 'well' done (excuse the pun).
We are focusing on the wrong people....
Its the MNR/KRG that have been complicit in the demise (I still have hope) of GKP.
What needs to be established is whether MNR actual received any oil from GKP, which they have.
With previous payments received from the MNR they have set a precedence that acknowledges the oil received.
Now for the MNR to stop payments because they do not agree with KRG (should not effect GKP as at one stage MNR couldn't get enough of GKPs oil and paid for it) , DNO have set the precedence.
MNR/KRG have manipulated GKP for their own ends from the 7p days (old money).
With that in mind,
the US are flexing their muscle, as part of the US lifting sanctions on Zimbabwe. Zimbabwe is to return the farms that were stolen from the white farmers (2000) when Mugabe was in power.
And only yesterday, the Zimbabwe cancelled a coal mining contract with China.
So my point is.
GKP were (still to this day) continuously manipulated and eventually bled dry by the MNR/KRG.
There are huge amounts of money involved and once the MNR/KRG come to the party as the US have instructed them to do. (IMO, I don’t think I have seen more aggressive US government and we won’t need to wait long. And if the usual delay happens which we’ve seen time and time again. This time is different and a swift warning will be shot across the bow the remind the MNR/KRG of there vulnerabilities.)
People will come out of the wood work and support any legal action against the MNR/KRG.
This will open the flood gates for International legal teams to take back those stolen blocks. ( I would be more than happy to fore fort (.05 or 1%) of future oil output to any international legal firm to ensure GKP have those stolen blocks rightfully returned. ). Remember DNO have set legal precedence, so we will at least get cash.
If the MNR were paying the KRG then GKP would have been paid etc etc.
I think the US have learnt from their mistakes.
The MNR are untrustworthy (say one thing while doing another) and in times past the MNR have happily deprived the KRG of funds and only then did the KRG react to find another route for oil payments (I know there’s corruption from both sides).
Remember Maliki, he was firmly aligned with Iran and was the thorn in the side of any resolution, I have no doubt on the instruction of Iran.
While the KRG were being deprived of funds, ISIS arrived on the seen….. If it wasn’t for the US suppling the Kurdish army with up to date military hardware the MNR would have happily watched ISIS decimate the Kurdish people…. Didn’t the mighty IRAQI Forces surrender their arms/armour vehicles and flee ISIS, leaving ISIS with a nice cachet of weaponry which they quickly directed towards the Kurdish army. That was too obvious for me.
Who was funding ISIS and I don’t believe we have seen any real retribution handed out as yet, as we would have read about it. Last year there was that Iranian general that was taken out by a guided missile. That should be a nice little warning to the MNR Iranian sympathisers.
In all the years I’ve been with GKP, I can’t recall an MNR/KRG delegation visiting Washington, to resolve the outstanding issue. Agree with it or not the current US government is very aggressive at the moment. The US election is 8 weeks away. With this in mind this US government would have given them an ultimatum. Make it happen MNR or select which card you want your face on in the new Iraqi deck of card. This time it will be a canaster deck with 108 cards.
Concerning China, I believe the US drop ball and are now playing catch up. Cancelling contracts one after the other, the latest was some huge Chinese electronic chip maker and this is just the beginning. So you can rule out a ‘CHINESETAKEAWAY’. The US and EURO are bringing things back in house, for security and to be ‘self-reliant’. This will require a huge amount of spending and fuel (oil) to make it happen. To build an electric car or build a wind turbine you can’t make these things with electric you still need oil.
Interesting as Israel and the Saudis are now starting to build bridges which I believe is part of a bigger picture in the region.
I’m not a war monger but forces seem to be aligning.
So over the last few weeks it has been reported that a contingency of MNR /Kurd politician have attended meeting in Washington to run through their road map to un lock the deadlock of their government .
Now, I'm pretty confident Zouri didn't get an invite and I'm pretty sure Bazi man wasn't in the White House saying I've got a mate called Zouri who would love to buy Shaiken for 50p.
Your absolutely right, it is time for GKP to move on and that will be to BP.
No, IMO BP will be the company that takes over GKP.
It wont be Bazi man...... as he will be digging is rat hole somewhere. Im sure he and his cohorts will siphoned the sh#t out of Shaiken. And when the American get fed up with that all his dirty laundry will be exposed to his people forcing him into exile. We've seen the US do this time and time again in the middle east.
Nor
Will it be the chinese, simply because the west are now reviewing chinese contracts.
Europes making bold claims of now directing themselves to be self realiant.
India is has border issue with China and indian people are now boycotting chinese goods.
USA
As for the 'Chinese-takeaway'.
There is only one word I need to say....... COVID.
IMO, western leaders have now woken up the China's antic.
They have already started reviewing contracts made to Chinese companies and this is only the start.....
It doesn't make good reading as China with its 1.4 Billion drones, these people will get pretty restless when the western world is not longer buying there cheap tat. It may force Chinas hand when poverty starts setting in.
Nothing to hide on here ladies and gentlemen.
On iii and advfn I was 'BigCol'. I thought GKPSOLD had a better ring to it....
Really, Bazi man getting gkp for a fire sale.....
Just to reiterate, IMO I believe GKP will be sold to BP for a share swap and money per share GKP held.
Going back years but I used to chip in occasionally, supported MikeyAdmin (RIP) when I thought the personally sledging of the man needed a little support and JohnBoy over at Advfn.
So yes, Im a long term holder and I am not a shorter..... Thank you.
IMO.
With the recent de risking of BP's deep water operations and off loading other rigs around the world.
And now I believe they are looking for cheap oil...
Why? Around 50% Bp shareholder are made up of US PENSION funds and around 48% is made up of UK PENSION funds.
And Trump will take all the credit for saving those poor pension holders and hopefully grab their vote.
By the way, I think the deal will be a 1 for 1 share swap and some cash.
Bp is now priced around 260-270 and many brokers have priced GKP around 260.
Ahhh, I nearly forgot, where're going for a fire sale. LOL.
There is one good thing good about Trump........ wait........ you can read the master of the deal like a book.
In his narcist ways he is into these BIG decision events where he thinks he is the savior of us all, whether we needed it or not (as he would 'It's True'), that to one side. IMO he is looking for an early resolution for the MNR / kurds and this will happen before the election. As he will want to maximize the exposure for him shoe horning in a early resolution. This exposure will come in the line of BIg Oil will go in and back him for the election.
I remember reading an article about Iraqs well count. When you compare the well count from MNR and Kurds, the MNR has thousands where as at the the kurds didn't 100.
IMO, if the election goes Trump way then there will be an oil boom Kurdistan and that's how they intend supplying Europe.
Did you read that Dec 2019 Trump put sanction on NORD 2 project and that was before covid. And NORD 2 was being constructed for Europe.
And just to make sure the Germans never got to lippy he then removed around 10000 US troops stationed in Germany.
So lets see.... I wonder how they are going fill the gap of NORD 2.
Like many of the LTH, realizing it or not we have all become somewhat of geopolitical experts.
So I don't by that Bazi is going to get GKP for a fire sale.
IMO, our mate Bazi has aligned himself with the US on the premises that he is all for the Kurdish people. If news articles are lead to be believed, Bazi has undergone unvetted pilfering of the kurdish peoples oil funds. Deprived the millions of citizens of any opportunity or in many occasions life it's self. The US are by far perfect and will tolerate this type behavior until they feel their position needs to change. The US have spent trillions $ in wars and lost many US lives in so a called war on liberation and democracy, for the Iraq people.
Bazi the Tribeman has got more of a chance of ending up like Sadam Hussain, Coronial Cardafi or that Iranian general that got knocked off last year by a lazer directed air strike. When the American feel that it's time, like those chaps above, IMO they will call it in. Two of those guys had untold control, untold wealth but were found in a human excrement filled rat hole. And only Bazi conscious will know if that call will be made or he should start digging... ;-)
But I will give you this much, our mate Bazi will get his hands on Shaiken oil and that is in the way of those blocks we had to had back. What will follow will be a US/UK backed no win no fee legal case. BRING IT ON.