Member Info for MR.Spacetomato

It is intriguing to contemplate the characterization of Iraq as a collective of purportedly uninformed and corrupted individuals, perennially resistant to change, ostensibly governed by affluent families and clans, as Belgrano has done.

However, this observation appears paradoxical when examined in the context of a nation adorned with monarchs, aristocrats, and an elite seemingly detached from the everyday realities of its populace.

The juxtaposition includes NHS contractors charging exorbitant fees for mundane tasks, opulent garden ponds resembling expensive duck islands paid by claimed westminster MP expense, a taxpayer-funded Millennium Dome totaling £1 billion, and a historical transgression involving the invasion of a sovereign nation, in violation of the UN charter, accompanied by the United States, under disputed premises—primarily the elusive weapons of mass destruction. This endeavor unfolded as a colossal Pandora's box in the Middle East, fostering regional destabilization and resulting in the tragic loss of hundreds of thousands of lives, including the offspring of our nation's armed forces.

In light of this complex history, perhaps a measured patience is warranted when considering the Iraqi people's efforts to navigate their contractual arrangements, particularly as we approach what appears to be the culmination of this intricate narrative.

I comprehend the prevailing skepticism surrounding the ongoing negotiations and the expressed frustrations regarding a sense of déjà vu, with sentiments echoing "we have all been here before." However, upon objective examination, such a sentiment is not entirely accurate.

Contrary to the notion that we are retracing familiar territory, the initiation of discussions only transpired a few weeks ago. What transpired previously was a cessation of dialogue, with Turkey having figuratively closed the tap. The absence of substantive conversations pertaining to contracts and the uninterrupted flow of oil between Baghdad and Erbil, as witnessed in the past month, challenges the assertion that we are experiencing a recurrence.

The recent palpable significance, coupled with indications of heightened urgency, serves as a source of encouragement, if not optimism. The collective engagement of Iraqi government officials, Kurdistan officials, and other relevant parties underscores a sincere commitment to establishing regulatory frameworks in alignment with the prevailing laws governing the region. This concerted effort aims at resolving contractual matters and ensuring equitable financial recompense, considering the distinctive nuances inherent in Kurdistan's oil production and transportation.

Presently, a period of patience is warranted to allow for the fruition of these transformative changes, ultimately benefiting all stakeholders involved. APIKUR has succinctly conveyed our standpoint, and now we find ourselves in a phase of anticipation. The emergence of a discernible path forward is becoming increasingly apparent, akin to the proverbial light at the end of the tunnel.

Did anyone hear a little doggie barking?

Pity you didn't as you were busy with something else, right?

I mean.. nothing guaranteed..just my opinion.

Some wash trade taking place. Shorters paying for the manipulation.

Guys, the sp is being manipulated big time now. Keep an eye on volume and sp movements. They don't make sense. That's an indication mms are doing their tricks to either off load or gather stock. You take your pick.

Interesting. Manipulation or actual buy? Ooohhh

Let's see if retail traders will facilitate the shorters to close their positions? The MMs will try their best to shake a few here before we get Bagdad's position anytime from now.

Kurdish officials are happy with what's been discussed so far and Apikur has stated its case. The Americans, were at the table and sure they want the oil flowing, especially with the dollar in its downward tendency.

As Belgrade said, patience is key now. These fluctuations will mean nothing very soon as we will be north of where we are today.

Going to turn the tablet off and enjoy the rain.

Atb

PhatStyle4321,

Are you ever positive with any of the shares you "own"? Always negative son. Maybe share deailing isn't for you.

Another late one from Rudaw news. I had to get this translated as it was in Kurdish, I guess. The Americans were at the table:

"Erbil (Rûdaw) - HKN Energy Vice President Matthew Zais said that they hope to have the Kurdistan Region oil exported within a few weeks. Zais stated that the USA also participated in the meeting between Erbil and Baghdad on oil. Answering the questions of Nuner Fatih in the Rûdaw Emro Program, Matthew Zais said that the USA participated in the negotiations between Erbil and Baghdad regarding the export of Kurdistan oil. "Dialogue makes us happy" HKN Energy Vice President Zais said the following regarding the Erbil-Baghdad oil talks: "There has been no new development so far regarding the transportation of oil in the Kurdistan Region. As far as we know, there is a dialogue between Erbil and Baghdad on the issue. This makes us happy." "A solution must be found to the oil problem," said Zais, and also noted that they are looking forward to the start of oil exports to Kurdistan. Zais said the following about HKN Company's stance on the Erbil-Baghdad dialogue: "We support all efforts of Erbil and Baghdad to solve the problem. We also expect Iraq to pay the expenses of the oil companies." "It causes huge losses in the income of all Iraq" On the other hand, Iraqi Oil Minister Hayyan Abdulgani came to Erbil for the issue of Kurdistan's oil exports. Kurdistan Region President Nechirvan Barzani received Hayyan Abdulgani and his accompanying delegation."

Don't let those muppets employed to pickpocket your shares to drop the guard now. GKP is at the door. We are reaching for the doorbell now. A bottle of wine in one hand and a big smile on our faces. It's warm and cosy inside and the smell seeping through the gaps is of the nice roasted lamb in oven. She's gone all the way to cook for you and you can't wait to get inside...only a few moments now, and it will be bliss, cheer bliss.. but wait..what's this i see, behind my back...sneaking their scummy hands to reach for my wallet? Bloody MMs boiler room slimmy posters trying their tricksy tricks and steal my precious!!

The whole Iraq government being sent to Kurdistan to iron out finances and revenues and the oil to flow, so it seems it will happen.

Bloody hell, there are billions being lost in revenues here. This pipeline needs to open. The biggie was Turkey, but that's now in the oven roasting. Belgrano is reaching out for the Chinese crackers as we speak.

Jeegee,

You are another boilerroom poster. Watch out. They are in force here.

Https://www.reuters.com/markets/commodities/goldman-sachs-forecasts-higher-returns-commodities-2023-11-13/

$92 a barrel for 2024. Glad I am back investing and got a gem of a share to be in at these prices. LTH? Absolutely.

Https://bnn.network/politics/iraqi-finance-ministers-visit-to-erbil-a-turning-point-in-fiscal-discussions/

Armasmaximilian,

You are so transparently not a shareholder. Your past 25 posts are 99% negative and 1% not positive. Get a job.

Buy = bye.

Obvious shake, to close the shorts. Good luck all and buy to the other apples..the ones that have fallen.

I guess GKP will have the more or less the same outlook as Genel, so here is my summary on the Genel's RNS:

This update provides insights into their financial performance and operational developments. Key points include the continued shutdown of the Iraq-Türkiye pipeline, progress in achieving consistency in domestic sales volumes, and the anticipation of the pipeline reopening for access to international pricing. The company is on track to deliver forecasted cost reductions, with positive developments such as Tawke becoming cash generative from local sales. Debt reduction, successful local sales, and ongoing efforts to reshape the portfolio highlight the company's financial strength. The update also outlines specific details related to Q3 2023, financial metrics, and the outlook for the remainder of the year. The mention of the Kurdistan Regional Government's overdue payment and updates on various projects in different regions contribute to the comprehensive overview.