Member Info for Invstrat

No-one appears to be getting paid then.

Where are the revenues from oil sales evaporating to ?

Corruption destroys Nations.

Any of you other guys ‘n gals getting the distinct impression that we are just getting jerked around here by a bunch of numpties hell bent on emmulating the road map to huge personal wealths pioneered by the bar-z boys ?

‘Rape of a Nation‘ springs to mind!

This strategy can only be for personal gains - as it is patently not to benefit the Iraqi population, nor is it to attract foreign investment and jobs into the regions ?

Correct Gingy …. we would vault over £7 with air to spare ;)

Ponzi - my Donald Ducked Coockoo Clock tells me the exact time twice a day - without fail.

Here’s another Home Truth….. Poochin’s a nutter.

If the unpaid invoices had been paid - what would we have spent it on anyway ?

We have no debt to offset against.

Perhaps the BoD could have awarded themselves some bonus payments for having seen us safely thro’ Covid, and paying down our debt for us ??

Should crack £5 this week, but we all know it is worth £6 !

Buoyant annual summary, under the circumstances.

ICG should redirect the daily $1m pipeline fee due to Turkey - to whichever party is causing it to remain shut……. or deduct it from the $1.4B Ankara owes Baghdad.

Pivot point from this excellent article is this comment:

«However, the KRG in particular has blocked the resumption of shipments due to disagreements between Baghdad and Erbil over contracts for international oil companies operating in Iraq«

As always… these contracts are being held up as the disputed point purely due to the need to incorporate a means of pilferring for the tribal leaders to secure their birthright to sponge off their own population.

Erratum - $1.4B fine !

Has Turkey paid any of their $1.4M fine yet ?

Is Baghdad paying Erdogan $1M/day to NOT use his pipeline ??

…… is there a trade-off between the above ?

Were our missing payments last year used to pay the Kurdistan salaries via Erbil (as Baghdad had not forwarded the 12.7% due to Erbil), or were they cheekily ‘acquired’ by the usual suspects - as they knew that we and our PSCs could be used and abused at will )?

Solve this, and we have a clear case to take to court for the recovery of payments + interests due.

This was all agreed months ago.

SOMO markets Iraq’s oil.

Tribals just biscuiting to get their rightfull private shares.

Been saying for some time that personal greed was behind the closure.

Like taking candy from their own population (and us naive little oilers).

Great news there ‘ponzi :)…… 190s sounds very OK to me !

Meanwhile, Build a new pipe (they will assume the AKIPUR consortium will pay for it) - while the tribals agonise over how they will divi up the spoils from the free oil we gift them.

That’s how crazy this has become.

All parties in agreement then ….. just the monthly signing fees to agree between the tribal leaders then ;)

Surely we have no title now to any Russia based shares…… Putin will have cancelled them to help pay for saving Ukraine from itself ?

2023 the US taxpayer forked out $3 bill. and that was just for humanitarian - the total annual aid will be eye-watering.

I think we can guess where the lion’s share gets syphoned off to !

The general population will probably see very little of uncle Joe’s naive good deed.

Disagree Putup - I think the news is out that the aid package going into Iraq is US taxpayers money and it is patently going to enrich those in power in Baghdad and Erbil - rather than the enpoverished Iraqi population.

Even Biden will be aware of the horrendous corruption he is financing with the monnies underwritten by the American taxpayer.

Lets see how that pans out……..