Member Info for Invstrat

Think +ve.

Air miles to Baghdad and a few days in top hotel for delegate and concubine.

That’s a win-win each trip.

Nice summary well presented Kheldar (maybe too good - this is Kurdistan remember).

Could we ask PUTUP to confirm these figures please ?

Re Mulder et al:

ie Payment plus interest.

Trust this is addressed in the original contracts held with (whoever) in Erbil….. and must be incorporated in any revised with ICG/SOMO.

OK putup, what’s YOUR view then ?

«Let's assume, this moment has passed and the pipeline is open and GKP now is producing 50k bpd

How much would you value the company»

Could MA just be an interim safe pair of hands until we are taken out at these low SPs by a serious, dynamic IOC who will inject new life into the management structure of the Company ?

Actual cost of production is easily documented as most of the IOCs have solid records over several years.

Contracts made with (the ruling families) in Kurdistan can be accepted/modified/ or re-written and legalized by the Court of the land.

That only leaves agreememt of an acceptable mechanism to allow pilferring ……

Job Done.

Buy-backs do nothing for our share price……. other than creating a temporary drop in shares on issue - until the BoD vote themselves a wedge of new shares as self-award for ‘a job well done’ since their previous round.

A proactive and dynamic BoD would be reinvesting our precious working capital excess in the core business, or acquisitions, or new technologies, or improved efficiency …… whatever.

Maybe just a holding position by retaining MA prior to shock takeover ?

Stranger things have happened.

Any of you Aberdeen guys attend Murray’s Star-Studded Town Hall meeting pre-Xmas….?

Pray tell is - was it as dynamic as rumoured ??

Opportunity to inject some much needed new blood has come and gone then.

The likes of The Good Dr. Woodburn would have given us a much needed step change in leadership - but our dynamic BoD have elected for the safer (for them) option of nepotism.

A bunch of entiteled, highly qualified, fully battle hardened in running a major dictatorship and used to appearing in Court - will some be coming on the jobs market.

Will they attack the foreign oil company’s installations and in-country offices next ?

Just the ruling families to secure their cut - and oil should flow Northwards then.

I still reckon that if we operating in Kirdistan can agree an equable slush fund to satiate Baghdad/SOMO/Erbil greeds, then things will happen post haste.

Oops ! - that was meant for BP @lse.co.uk !

RE: A bit of good news-ishToday 13:43

We have to be very carefull selecting a new CEO then - someone sans cahunas, ‘boys will be boys’.

How about Paula Vennells ? she must be available ??

We have to be very carefull selecting a new CEO then - someone sans cahunas, ‘boys will be boys’.

How about Paula Vennells ? she must be available ??

Yemeni are being played by a cleverer contry - who is about to get them into a proxy missile attack.

Hope they realise this before they get lit up by NATO and US warships tonight.

Bluffs are about to be called.

Hmmm - implies that he is a risk taker - that purchase of 82 implies that he has prior knowledge of some humungous gains……

Seems that the local Erbil famillies have legal authority over «The Production of natural resources within the semi-autonomous Region»…….

Says nout about Sale of the natural resources ?

Hopefully some of you formally legally qualified contributors can decipher the wordings ?

PS our vocipherous bean counter contributors may be a little out of their area of expertise on this one ;)

Must confess I’m sorely tempted to take a flutter when we slide down to 1p (old money) soon.

In for a penny, in for a pound.