Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
102p hit maybe 90s today !!
If it hasn't taunt anyone a lesson sell on news the day before !! You can make a living doing that with GKP.
As eggs are eggs this always drop 8 to 10 % on news but people on here are in a trance most of the time to busy looking at the future instead of what the present opportunity gives you here .
Watch and learn
What's the expected drop on the updated!!
Normally 8/10% so we could be in the by 90s by Friday.
I do call this with regulatory but get slatted for a nailed on scenario .
Some taking of 50kbopd and return of dividends which is just ridiculous. No dividend and 35kbopd max and you heard it first .
If that is true where is 1m barrels coming from ??
Is Iraq going bypass turkey with this pipeline.
Only makes IOCs negotiating situation stronger.
Still months away from any conclusion though.
Looks to me Barzani is doing just fine stitching up the IOCs in Kurdistan!!
He probably likes the pipeline closed while making $40 a barrel of everyone.
Eventually this has to stop because his country is about to implode on itself very soon.
Does he care probably not and we all thought things were improving 🤔.
To much thieving and lies by all.
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
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
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 .