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Let do one from the uk
https://ecommercenews.eu/french-campaign-against-shein/
Sorry if was posted but found BE already posted an article about a Turkish company interest in Asos on may 17
https://www-ft-com.ezp.lib.cam.ac.uk/content/4a6d6202-3496-4a27-9d15-424e3fae7007
Sorry Dr
looks you don't get it . H1 ends in end of Feb , and they said on the 27th "first half FY2023 revenue ALREADY exceeding level for the 15 months to 31 August 2022"
this is not a forecast they stated a fact which turns out to be lie
At year end results 27 Feb 2023 the company said "Stronger growth in current financial year, with first half FY2023 revenue already exceeding level for the 15 months to 31 August 2022"
and today they are saying revenue for H1 end Feb. 23 only £1.12m , last year it was £3.79m
how is this possible ? i have got a large holding hear i think i will sell the lot first thing tomorrow morning
Https://www.boerse-frankfurt.de/bond/usg91237aa87-tullow-oil-plc-7-18-25
Patel, be honest did you believe TLW will be hear 2 years before the repayment due and oil at $75 ? production will hopefully increase a lot this year . debt is smaller than before - looks like the market doesn't believe a word they are saying , strange
Kurdistan Region oil exports to resume by mid-May, says MP
http://www.rudaw.net/english/kurdistan/020520231
In 2019, Tullow Oil announced a discovery in the Orinduik Block, where it is the operator with a 60% interest, with Eco Oil and Gas controlling 15% and a joint venture between TotalEnergies and Qatar Petroleum holding the remaining 25%. That discovery was found to be heavy sour crude oil, which at the time was deemed non-commercial due to weak oil prices, although during 2022, the commercial potential of the find was reevaluated as petroleum prices soared. Orinduik is estimated to contain 5.1 billion barrels of oil equivalent. Tullow and partners are planning to drill another well during 2023 or 2024, with the most likely target being the Amatuk prospect which is believed to hold 267 million barrels and has a 28.8% chance of success.
There was also a series of wells drilled on the Kanuku Block in which Tullow has a non-operated 37.5% working interest, with the operator Repsol holding 37.5% and TotalEnergies the remaining 25%. While two discoveries have been made on Kanuku since 2020, they were both deemed non-commercial. The latest was the Beebei-Potaro wildcat well, completed in August 2022, which was especially disappointing. The targeted reservoirs were deemed of good quality but water-bearing which saw the well plugged and abandoned. Repsol is currently in the process of mapping its activities in the Kanuku Block and working the latest drilling results into the block’s subsurface models before embarking on another well. It is speculated that Tullow will relinquish its non-operated 37.5% interest in the block.
Joe , i agree with you but if G4M have sales of £150M and hardly any profits how can the high street survive ? surly they will all need to raise prices in order to survive otherwise what the point to have a business if you are selling at loss
Last week, Gulf Keystone Petroleum (GKP) reported massive profits and payouts for shareholders. We said Kurdistan-based company had plenty of risk for investors but the reward was more than enough to balance it out.
Now, the company has announced its route to export has been shut off after a long-running arbitration case between Iraq and Turkey has been decided in Iraq’s favour. The pipeline has now been shut down, blocking the export route for Gulf Keystone and fellow Kurdish-based operator Genel Energy (GENL).
Gulf Keystone’s share price fell 18 per cent in morning trading, and Genel was down 8 per cent. The bigger drop at Gulf Keystone was because the company said it would need to suspend production after only a few days, given its storage capacity. Genel noted positive noises from the Kurdish prime minister, who said he was travelling to Baghdad over the weekend to work on a solution. AH