Member Info for Itsaponzi

All talk and no action !!

Nothing will as they have saying the same crap since the closure.

Their only intention is to keep it shut as long as possible. Personally I think it will never open again and a alternative route should been found ASAP.

Back to being independent and the IOCs getting shafted by the KRG .

Well they are getting royaly shafted at the moment . Maybe the KRG like the situation as it is who knows. Because someone is making a fortune. Let me guess his name begins with a B ??

March 2, 2024

APIKUR denies claims by Government of Iraq (GoI) officials that an agreement has been reached among the GoI, the Kurdistan Regional Government (KRG), and international oil companies (IOCs) to resume oil exports through the Iraq-Türkiye Pipeline (ITP).

APIKUR’s member companies would welcome the reopening of ITP. Regrettably, to date, we have not even seen any proposals from GoI or KRG for the agreements that would be required to do so.

From the horses mouth !!

proposals from GoI or KRG for the agreements that would be required to do so.

Recently there have been several unfounded media statements by senior GoI officials that a deal has been reached for IOCs to resume exports through the ITP. We do not understand the motivation for such misinformation but note that Iraq is reportedly losing $1 billion for each month that ITP remains closed.

APIKUR, also, notes that meetings were held in Baghdad on January 7-9, 2024, between representatives of the GoI, the KRG, and IOCs — including representatives of several APIKUR member companies. But, thus far, there has been no concrete progress towards that end presented to the members of APIKUR.

APIKUR member companies stand ready to meet again with GoI and KRG officials to swiftly resolve the issues to the benefit of all.

- Ends -

May ?

Maybe not ?

Maybe never ?

The delaying tactics are working a treat Baghdad.

If oil is flowing this year I will be amazed.

Time for kurdistan to find another route now.

All becoming a joke now.

Local refineries smell blood and will screw gkp lower than $25 !!

Only higher production saved gkp dropping to the 80s today but 80s are nailed on whatever happens over the next few weeks.

All a slippery slope as tge pipeline won't open for another 6 months at least .

ICG have the KRG exactly where they want them and the pipeline closer the longer the better for them

So what's next gkp production at 40kbopd at $20 ?.

Not looking good so keep shorting

Yep get ready for all time lows !! 20s is a given now the management use the company to self serve their lifestyles that's all petra is ..

There salaries are quadruple what they should be .

So the krg had money but failed to pay the teachers !

So who stole their salaries?? Whom not difficult is it.

IOCs have little or no chance of ever getting their arrears back as they have been stolen and iraq won't pay twice.

All these meetings will carry on this year with no resolution.

We approach the one year closure party .

Prepare yourself for the 2 year closure party because it will come around quickly.

Kurdistan is a busted flash now full government thieving liars

What date is the 1 year closure party ??

Dno on yearly lows Genel not far off and Gkp heading down the same path .

Connect the dots .

And shorts increasing isn't everyone getting a tad nervous.

Wasn't someone on here recently holding 800k shares ??

That's one brave person

Worldquant added a short at 96p 0.62%. Yesterday!!

Either completely stupid are a master stroke .

Remember 99% of the time shorts win as they are in the know and everyone on here isn't.

I really can't see this over a pound again .

80s incoming I'm afraid.

I will stick my neck out and say 60s will be seen at some point this year.

Not if the pipeline never opens !!

The pipeline will never open all the time iraq is involved.

I think when Christmas arrives and it's still not open then the penny might drop here .

Local sales need to increase and prices need to increase now.

There will be many false dawns to trade here .

You could probably double your holdings just selling on rumours and buy back 20% less. Repeat and rinse

99p has arrived!!

You were all warned but didn't take any notice.

Keep topping up because 80s are inbound now.

I called a 102p finish yesterday and I'm calling that wee end the the week at 99p.

And 95p next week only my predictions but called them right .

134p before Xmas to 102p shows me the pipeline ain't opening for months and months or maybe another year.

Shorts are still open and making a tidy profit .

I doubt 70s will be seen but who knows?

2nd day it's finished on its low !!

Gkp has a habit of doing that after an update.

Expected another few more low day finishes yet before any reversal.

I'm lowering my forecast to 94p next week now?

Will gkp see 80s before the pipeline opens ABSOLUTELY it will.

Straycat will you be buying in the 90s tomorrow.

Maybe hold of for 80s who knows but it's going lower yet .

Probably best buy when the last shorts close ??

Nearly there !!

Let's go for a 102p finish??

6 weeks to decide on biscuits!!

I think in reality look at 6 months to another year before it opens .

Iraq can play the long game indefinitely as they will have to cut their quota when Kurdistan ever comes back online .

90s incoming today or tomorrow only a 5% drop to achieve that . I did tell you all but got shot down on a no brainer prediction

120p Monday now 105p !!

90s Friday

Expect a sell off for 3 to 4 days now as no news for a while .