Member Info for Invstrat

Jezus…. told you before: last time we did this it transpired that ALL trucks had to be subcontracted via the Barzanis (or not allowed to partake in the bonanza).

Remember too that one trucker reported that a column of his colleagues were broken out of the convoy and ordered to «a private destinatio».

Heads, they win - tails we all loose.

Dana Part - Payment……let’s see if the remainder gets paid, then of course interest on the whole amount backdated to invoice date.

Wonder if our BoD will have the cahunas to add the backdated interest due - if our turn ever comes in the KRG dole queue ?

Y’know the theoretical price to GKP is interesting of course - but purely academic as they won’t be paying us anything anyway - as it will prolong their strategy to drive us into bankruptcy and out of the region to facilitate the take over to run as their own business.

I think we who know know that this is the long game which these bright tribal bullies are working towards.

Can we meanwhile demand that our invisible BoD take our debtors to court as the managers of any small company would already have set in motion - to fullfill their contracts of employment ?

No !? …….Maybe best to lay low and assist with the winding up/fire sale.

BoD will be protected well into their next top management positions by their copious End of Company bonuses after this debt free joke of an ‘oil company for dummies’ is despatched to the fire sale.

Wonder who in the KRG hierarchy picks us up for buttons ?

Mulder: why should they ? they’ve done nothing…..

No need for Erdogan to formalise a visit to set set up for his cut - Baghdad should just send Ankara a monthly the bill with compound interest running from the day their award was decided by ICC Paris …. or open the valves forthwith..

Simple solution to short-circuit the demand «for more money to be sent»:

Just ask the Turd delegation «to which private swizz account should we send it ?»

12.6% was agreed, and presumably - 12.6% of the published budget was sent.

Surely there are intelligent peoples with access to international news somewhere in Turdistan ?

The general population must have worked out that their obscenely wealthy rullers may not be willing to account for where their spectacular wealth comes from - when they are living hand-to-mouth in abject poverty.

I think we all know how these things pan out.

An alternative pipeline heading South (to the major markets) could have been layed by now…… Since the closure in March.

The insurmountable problem there would be that ICG/SOMO would have auditable control over the fluids passing through it (so the usual suspects would have lost their birthright to skim off it).

What a cluster of fluxes we are buried in.

Hopefully the ICG will revise our contracts and remove the abusive facility to default/short change/ ignore their obligations to all parties.

As before, when we were forced into this situation:

The tankers MUST be hired via a Barzani Bros. company (special price for you my friend) :)

So - a fox is in charge of the henhouse !

Awesome.

OK - so $80 a bbl profit, dare we ask where it goes ?

They don’t pay us.

The population sees nothing.

Conclusion: Someone is trousering an eyewatering amount of cash.

PoO goes up….. GKP SP will probably fall.

I have learned to expect the unexpected here :(

Maybe morons ponzi…. but millionaire morons nevertheless - due to their innate survival instincts and the brazen and bold way which they handled instilling fear and threats into our various Nigel and Jeremy BoD limpwrists.

A win-win for the KRG tribals then (but the spectre which even they fear will be when their empoverished and abused population have had enough) …… when blood starts to flow a squadron of their private jets will whisk them and their famillies to the safety of their Stateside palaces.

Lead Zeppelin time comes round again ……

The GKP company motto: “What goes up, Must come down”.

Maybe Turkey is D.Ducked, but have some sympathy, the Erdogan familly are up against it too: where next to hide their ill-gotten gains…….. ?

Of not - does he have a ‘phone ?

Page 5……

«and have capacity for an annual increase in the dividend per ordinary share of around 4%.«

I home in on the words «annual increase» Not good at English, but that implies a running augment in the dividend rate of c. 1% per quarter ?

How nice…..