Member Info for Invstrat

Since he reputedly already held 400,000 shares - the ‘insider trading’ tag should have been queried earlier ?

OR

Maybe he acquired these shares as part of the bonus/retention ploy which has made all of our directors seriously wealthy people ??

Excellent find there TSSZ….. but I’m not so sure that the peoples of Iraq (and certainly not us IOCs) will see a cent of that fine and the interest due.

It will be squirreled away (as is the custom and birthright of those in power).

That deal must have gone contra all the embargos being levelled at Putin’s regime

Was Trump chief negotiator - in his quest to destroy OTAN ?

Imagine the trousering that went on in Baghdad to pull this off against the efforts of The West.

Wasn’t life easier when it was just the wrong biscuits being served which caused walkouts from meetings of National Importance, and The Warlords quietly exercised their birthrights to pilfer until the camels came home ?

Now we are immersed in squabbles over critically needed water supplies to Iraq, and the threat of exceeding OPEC quotas if the pipeline eventually opens !

Pipeline fees are already set, Ankra just needs a bit of understanding from Baghdad on paying the fine while trying to recover from the social costs of that horrendous earthquake.

If delay in opening can help Baghdad to break the billionaires ruling Erbil…. then we should be good ro flow.

All this is tied in with personal wealths, not what benefits the general population (and we infidels) !

Mr Watkins completely underestimates the greed and lust for wealth of those in power - the oil will most definitely flow as soon as a means of pilferring is established.

Turkey is shouldering a huge burden in recovering from that horrific earthquake a year ago, so they deserve a break in paying off the fine, surely revenue from the pipeline is in their interests ?

Isn’t the game being played here (as previously):

The BoD vote to buy back shares using a chunk of our working capital, then place them ‘in treasury’ and at the next opportunity - self award as ‘bonuses’ among themselves ?

Like taking candy from a baby.

These shares are never cancelled, and therefore the SP doesn’t rise proportionately to our benefit.

Neat trick.

A few positive signs bubbling to the surface there then… we’re in a bit of a war zone at the moment, but that will pass and as soon as it does Spring is coming for our SP too.

Ian must know the nitty grittys of what really has gone on hereabouts - leaves a bit of doubt as to why now ? Can’t wait for the book.

Miss Kimberely was a bit of a mystery as to why she was there and what on earth she did for us over the years. Presumeably not a lot.

The conundrum that is GKP rumbles on…….

Obscene wage.

We know surgeons who earn less than that - and they have a heap more than a Charter in Accounting …. next stop head of Snail Mail after the present incumbent goes on a long porridge diet ?

I recall reading that the Barzani familly have recently registered a new company to find, produce and market hydrocarbons…..

If this dips any further - they may well a ready made producer for a fire sale price.

Could they swing a compulsory purchase ?

You were refering to our hallowed BoD board I, guess ?

They are certainly not procrastinating in an eventide home - with the salaries and bonuses they earn from GKP !

Minimal debt would make us into an even more attractive takeover candidate too.

Still running at over £50b - would it be a better financial strategy to redirect the sterile lost leader buyback spend into reducing that pile of debt (plus it’s associated high interest payments) ?

Any idea why ?

Post a summary of what Ben says please HI100…..

Iraq seemingly accepts the IOC contracts with Kurdistan - thus won’t be inclined to pay their debts for missing payments I suspect.

I guess Baghdad will prioritize auditing where the loot from the sale of our oil donations evaporated to - and going after them first ?

Things feel nearer to oil exports starting again soon.

Erdogan has splashed out $Billions on 40 new F-16s and upgrades to his existing squadrons.

Prioritized his budget spend away from his debt to IRAQ (payment of which may have found its way to reimbursing us struggling IOCs).

Presentation: Numbers as expected, but photos show top quality wellhead hardware and obviously well maintained too.

Would that Equinor would take is out of this grey chasm.

They are young, dynamic and proactive…… compare management teams and you’ll understand.