Member Info for Itsaponzi

Hello 190s this week anyone .

Selling legal down the pipe has almost added zero value to gkp. The quicker they get off the LSE the better.

Run by crooks .

No cash flow till December either, so a steady drop to 170s by November.

How much does Baghdad bank for 3 months free credit ?

If they don't pay on time which is a 50/50 because of a a dispute over something minimal.

Nothing a few committees won't sort out with 5 pallet loads of biscuits.

DNO know what is potentially a disaster waiting to happen . Hence their stance on these ridiculous terms

148k sell on the low at 209.50p. Shorts should start again ASAP . Cash pile depletion for 3 months has to have an effect on the SP.

Will iraq actually pay in 3 months 🤔.

Expect the unexpected

If 209p goes tomorrow, then back into the 190s next week.

Keep your divi powder dry for a while yet.

Market has fallen on deaf ears, which what's happening in kurdistan and iraqs oil industry.

It's almost like a complete waste of time . The quicker they get off this LSE the better. No news for while and no monies being deposited for 3 months. Only one way this can only go now, oil looking like its visiting the 50s soon aswell. Double whammy really. Trump would like oil in the 40s

So how much is 3 months credit before gkp get payed in December. $100m ish. Wow $151m owed plus another $100m on top.

Total $250m owed by Xmas. Let's hope no more disputes and payment gets delayed on time. Iraq has a reputation with late payments.

Thank god gkp are debt free.

Can see why DNO wasn't going to except them terms .

All new baked in now. Expect a pull back to 209p

175p

No payment for oil till December. No wonder DNO want better terms than the rest. OK I will supply you 100kbopd for 3 months before I get payed. Hmmm haven't we been here before.

DNO are correct on their stance as they have more to lose than anyone.

How will impact GKP giving up 3 mo yhs of income that you will never see technically. Not a good start is it .

Buy on rumour sell on news. Never fails here.

So obviously they have sorted the arrears out before export starts. Which they haven't, exports will not start Saturday that's a given.

Still a few weeks away yet, maybe a month. The wheels turn very slowly in the ME. Plus DNO want their own personal agreements sorted.

Still huge swings on the horizon.

Nope. Only if you knew . But you won't, so it doesn't matter.

Had bran flakes this morning, Thank you.

When does GKP contract run out with the KRG.

I can't remember but do they only have 10 years + a year extension. So 15 years total. Surely that needs to be extended for a super inflated buy out.

Needs to be 40 years

Link please??

I'm all good here boys, Don't worry.

Is the oil flowing in the 48hrs like they said?

No it's not , so another pump and dump.

Like PUTUP said its all priced in now anyway.

Nice to see everyone making a few quid today .

I think you're in a crazy world believing the tripe from the ME media for last 3 years. Which is accually all BS. But you continue to believe it . So will gkp be £2 tomorrow or 160s ?

Of course they have ..

More to the point that oil won't be flowing in 48hrs. How many times have we heard this though.

Maybe next Sunday it will be flowing in 48hrs. Why not say 48 days. At least that's slightly believable.

So Mr Market will react in the way it knows best tomorrow

There you go nothing concluded.

And nothing will happen next week, has turkey payed that $1.5b fine yet. That's next on the agenda for future delays.

I forgot about Turkey. Thats the spanner in works.

Don't they have a $1.5b fine to pay.

That will have to be sorted before any oil goes down the pipe. If its not one thing its another.

There will be some issues today foe sure.

I'm going for a mass brawl before they sit down. Or not enough PM's turn up to vote it in.

Apparently, everything is getting signed between the KRG / ICG / /IOC's today, so exports can start next week.

If nothing gets signed today,which, in my humble opinion it won't because someone will disagree on something and a new committee will have to be formed.

Or maybe a mass punch up so nothing happens.

And always expect the unexpected.