George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Be careful buying into this rise you know by tomorrow close of play this will be back to 110p. Low volume Gen / Dno not really taking off . Nice trade if you got out at 124p and buy back tomorrow at 110p.
We know nothing will happen here it never does .
We have heard all those before . Talk is cheap and talk all it is with nothing accually happening.
Another 200 meetings to go yet . The pipeline isn't going to open this year . Local sales at $35 are fine untill IOCs get their terms agreed.
Come on guy's you know nothing will happen!! Iraq wants no oil flowing through the pipe and will strung it out for years .
Local sales at 35 is OK with instant payments what's not to like.
Only 18 months to wait so sit back and relax . Remember even Brazani is making $300m a month for his family of local sakes so he won't be any rush either .enjoy the weekend
Nothing will happen!!
Local sales for 18 months and wait for Iraq's pipeline contract to run out .
It's a no brainer for kurdistan and turkey t detach themselves away from these idiots once and for all.
If not its a painful way forward for many decades.
The opportunity is to free themselves now.
This is well overvalued compared to others !! I called this when it floated around 250p which was ridiculous and was only going one way .
This will be 80p in the next 18 months so still worth shorting.
Nothing will happen like it hasn't for the last 15 years!!
Iraq is not interested in the pipeline opening surely you can all see that now .
Play out local sales for the next 18 months and Iraq ties will all be gone . Independents baby and kurdistan is free from them ever. Its an absolute no brainer now.
Turkish President Erdogan's upcoming meeting with Biden in Washington on May 9th marks their first encounter in an official capacity since Biden assumed office which may hold important implications for the Kurdistan Region for the following reasons:
1. The timing of Erdogan's visit closely follows Biden's discussions with the Iraqi PM, which likely included Erbil-Baghdad relations and the resumption of KRG oil exports via Turkey as key agenda points.
2. Turkey is a direct stakeholder in the resumption of KRG oil exports, and this meeting coincides with Turkey's planned large-scale offensive against the PKK deep within the Kurdistan Region's territory.
3. Speculation suggests that Turkey's offensive aims to establish a military zone encompassing the Iraq-Turkey-Syria triangle, a critical route for the U.S. to rotate troops in and out of northeast Syria.
4. Discussions on the future of the U.S. troop presence in Syria will also have direct implications for the Kurdistan Region, given that a) the U.S. troop presence in northeast Syria and Erbil are interconnected, and b) northeast Syria, the only other Kurdish-ruled entity, is considered the western flank of the Kurdistan Region. Its potential fall could lead to a KDP pushback from the Iraq-Syria-Turkey triangle, resulting in a direct border connection between Turkey and Iraq, as well as a physical disconnection between the Kurdistan Region and northeast Syria.
Considering these events' convergence, both the Iraqi PM's meeting and Erdogan's visit are expected to have direct implications for the Kurdistan Region's future and its power equilibrium.
Istaaponzi nothing will happen. The pipeline won't open till September 2025 now!! Just sit out like the rest .
Even Genel update yesterday stated that don't see it opening this year . If true then wait another 9 months to get rid of iraq once and for all. I prefer that option now .
Genel not expecting the pipeline to open this year reading between the lines.
Looks like wait it out for iraqa contract to run out.
Only way forward now and one lot of idiots to worry about.
Back to what is was getting screwed by the KRG
Itsaaaaaaponzi I wouldn't mind a pound for very time I have heard that over the last year !!
We all know it's not opening now . Kurdistan and Turkey will sit it out till the pipeline contract runs out with Iraq. I would and if the boot was on the other foot so would iraq.
Gkp will just limp along making 7/8 million a month FCF now .
Good riddance to Iraq once and for all unless they agree on some super terms for the IOCs which they won't because ots not in their nature. 18 months will fly by.
Independents baby .......