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They can pressure test it with air first!!
No payment no oil simples as that .
Just keep selling locally gkp as its cash in bank ASAP .
These thieves will stuff you the minute you put oil down the pipe as no moneys will be paid for months .
They have to show some loyalty to the IOCs first before any production turns to the pipeline.
So there we have ot a catch 22 going nowhere again .
So the circus continues.
Come on are the IOC going to stop local sales to test a pipeline that isn't going to pay them.
Give IOC's half of what they are owed and maybe they might put a couple of barrels down the pipe...
What a load of crap what these media outlets spell
Don't hold your breath just yet !! I have written off the pipeline opening this year. We are miles away from that happening yet.
But happy with GKP selling locally while takes another month or a year to sort out .
The manipulation while continue for a while yet as we bounce down to low 80s and up to very low 100s.
Just trade the 20p swings like everyone else.
I'm amazed that DNO share price hasn't dropped in the last 6 months even losing 70kbopd from kurdistan.
OK local sales are 50% but there is no collation between between the other IOCs.
Crazy world we live in .
Will gkp break the pound today??
I will probably say a 6% drop today but would like to be proved wrong ??
IOCs need a payment before any oil flows down the pipe !!
No more credit to the krg that boat has sailed ..
Nothing else but transparency now.
The thieving fu£kers are done ✔️.
Another pump and dump today so let's expect a 5% drop tomorrow. Rinse and repeat for the thousandth time
The drop has started as predicted.
We will definitely see 80s this week that is a given ..the most manipulated share ever .
Come on gkp give us an update on increased production??
It can't be that difficult can it!!
3 guarantees in life death and taxes and gkp dropping 10% Monday morning!!
Shorters will always be the winners here unless by some miracle gkp gives us a update on local sales increase to 40kbopd.
But I wouldn't hold my breath with this incompetent bod .
Onwards and downwards is the order of the day this week
I predict at 83p finish this Friday??.
I will be surprised if the pipeline opens this year !!
All gkp need to do is focus on 40kbopd for local sales.
It's obvious that doesn't want the pipeline open and turkey ain't paying that fine.
We will see another 50 meeting with no resolution.
So what caused the spike Friday?? We will back to low 80s by Wednesday.
Why would you pay the krg for their share they owe us 151m.
They stole from us so now the debt can be payed back because these thefts ain't getting the money first.
But they are robbing us with local sales at $30.
Let's hope Gkp can get to 40kbopd in a few weeks ???.
And more importantly they let the market know and not keep it a secret like before.
Will gkp see a pound again ?? Pipeline not opening this year thats obvious now ..
I can see 60p now as the market will punish us now .
Even at 40kbopd locally this will still carry on dropping.
The BOD mentioning refinancing was a total negative to gkp situation.
I accually think the BOD want this as low as possible so some predator can pick gkp up for pennies with employment guaranteed in the company with huge share options. I'm seeing it playing out like that now.
Cut and run is becoming a reality for me now .
Lost loads but another lesson learnt don't invest ME or any African country
So the BOD mention 24/7 Trucking !!
At present 120 trucks a day for 23kbopd so can we really double that ??
Shaikian crude in demand and these truckers know this is only a window of opportunity so will make the most of it ..
I was worried the Wells might be damaged but bod said the shut in hadn't caused any problems.
Plus they are confident ramp up to full productivity wouldn't be a problem..
A 10% drop was predictable after the update its standard practice for gkp good or bad !! Personally it was better than I was expecting but Mr Market was more focused on the reuters update than gkp itself ..
I would expect that write up if gkp wasn't selling any oil but that article is written by a total amateur with zero research.
So gkp should be around 35kbopd by the end of September so let's hope gkp bod keep the market informed with the increase instead of keeping everything a secret .
30kbopd in probably 2 weeks ???.
The pipeline will stay redundant for a few more months yet .
Gkp is OK and iraq loses $1b a month for whatever reason is beyond comprehension..
So what is iraqs agenda in all this because its not money ???
Genel is worth £70m more to their mcap with $300m debt which is ludicrous.
Is Genel breaking even every month???
Lazz can you post the article please!!
Reuters were saying gkp had 12 months before local sales in one their articles.
So they are talking crap as now that's going to happen and with local sales probably hitting 40kbopd by the end of September.
Reuter are corrupt like everything else we listen to on the news