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The drop is relentless now !!
All this rubbish pipeline opening in 2 weeks is pie in the sky.
We might even see 90s in a few weeks ??
Shorts are the only winners here now.
What's the odds on the pipeline not opening till 2025 ??
During this 108-month period, salaried employees received full salaries for only 49 months. There were deductions in pay for 44 months, and salaries went completely unpaid for 15 months. The total outstanding salary debt owed by the Kurdistan Regional Government is approximately 21 trillion 584 billion dinars.
Where are the IOCs in the peaking order for back payments??
KRG are just pure thieves!!
Sounds like more meetings to me !!
At the end of the day iraq is happy kurdistan isn't producing or making any money .
Even an idiot can see that. I can see another 6 months and nothing happening .
It's getting to the point now just sell up and move on now??
Onwards and downwards today as all I can see is drip down to 110s.
I didn't short GKP .
I just sold a few for a quick trade.
Let's see of I can buy them buy cheaper after Xmas??
GKP never let's me down on a trade as at some point you will buy back cheaper. If not so be it and I will sell some more nearer 150p.
First step is to agree with the region and companies on adjusting their existing contracts to be consistent with Iraq's constitution. We could reach a deal in three days," Abdel-Ghani said at the time.
3 days ? That definitely won't happen should read 3 months at least.
Fee up with hearing the same bull.
We heard all this rubbish talk 7 months ago and nothing never happens.
Not this year it won't !!
We are another 250 meetings away from any oil flowing.
Iraq will want to delay as long a possible.
They want kurdistan to implode on its self that's is all to see.
Im getting nervous because I think the IOCs will be going to court on this soon ! OK we can still sell locally at $30 indefinitely before the courts decide???
Afren / Desire Petroleum price movements were exactly the same !!
This will be 2p in 4 to 6 weeks then you will get a spike to 6p the pop the company goes.
Even an amateur investor cam see where this going into liquidation..
Still worth shorting at 17p