Member Info for Jxp101

Https://shafaq.com/en/Economy/Iraq-Turkiye-strike-deal-to-resume-Kurdistan-oil-exports

This goes to £2.45 upon bees. Then upto £2.75.

Https://shafaq.com/amp/en/Kurdistan/PM-Barzani-urges-Baghdad-to-honor-Kurdish-rights-as-oil-deal-takes-shape

Https://shafaq.com/amp/en/Kurdistan/PM-Barzani-urges-Baghdad-to-honor-Kurdish-rights-as-oil-deal-takes-shape

Https://www.rudaw.net/english/business/20092025

We need Trump to press the issue.

I love how I only emailed Ahmed at Reuters 2 days ago to see if he can get more insight and provide an update and he's published this latest bit of news.

@Mav - I would agree it's about £1.15+ from here. Saying that I still prefer my GKP shares over these.

Expecting this to fly this morning! Fantastic results

JO, you’re missing the obvious. Institutions don’t need to accept this stitch up. All they have to do is clear out the Board. Fresh management steps in, the $275m disposals complete, and suddenly lenders are back at the table because the governance poison has been removed. A clean slate rebuilds trust, makes long-term refinancing achievable (just like peers are already managing), and opens two doors, run a proper strategic review to invite real bidders, or go it alone with a stronger balance sheet. Either way, it’s a far better outcome than rolling over for 30p.

@IceCool - still posting more tripe! Wow! He/She knows a how to invest such that the company is worth more than the accounts he/she hasn't seen. Amazing.

Where are the arrears in all of this?

No mention of arrears anywhere as if to say take this deal as is. APIKUR will reject it until they recover what is owed. I for one have been invested for long enough to want my money back, cannot be brushed under the carpet. This is how the middle east operates. The arrears is fundamental to long-terms prosperity here.

Don't believe it until Reuters report it!!!!

😂😂😂😂

Looks like 50p was the bottom. Up we go

Key question is when is there likely to be an equity reaisewhere? Looks all to familiar - management dwindling the same story, lossss piling up etc etc

Everything you have posted till now has been garbage. You may want to re-read your many posts and reflect.

This company is a classic Wood Group / Petrofac situation. Early signs. Huge debt and not sustainably profitable. Just how many years would it take to pay off that loan?

It will get sold. Draft accounts will have been circulating back and forth and those accounts won't look pretty. They'll have been shared with Woods advisors as well and they would have recommended the Sidara offer. Sidara's due diligence team would have had first sight of the draft accounts before putting an offer on the table.

I voted yes to the 30p sale!! Nice profit on a 22p average.