Member Info for Mulder

Https://www.iraqinews.com/iraq/iraqi-government-is-eager-to-resume-oil-exports-through-ceyhan/

The half year for PAF ends this month 31.12 so interim results out early next year should be very good.

Of course gold may not stay this high @ $2,072 but if it did EPS could hit as much as 6p equating to a current P/E of just 2.9.

Added.

No point keeping it empty when Turkey is charging Baghdad almost $1 million a day for the pipeline, as it's now open from their point of view.

All adding up day by day....numpties.

YET ANOTHER INCENTIVE FOR BAGHDAD TO REOPEN THE PIPELINE

According to officials, Turkey has lifted the force majeure invoked over technical issues and reopened the pipeline. It can therefore begin charging the Iraqi government for pipeline tariffs under the terms of the 2010 Amendment. Tariffs would total around US$25 million per month, creating a financial incentive for Baghdad to settle competing compensation claims with Turkey, resolve budget and revenue sharing issues with the Kurdistan Regional Government and restart oil exports.

APIKUR estimates the Federal Government of Iraq is incurring over US$1 million per day in financial penalties for not meeting its obligations under the ITP agreement.

https://www.***************************/diversified-energy-company-continue-to-get-enhanced-results-from-wells-londec/4121134364

Yep topped up again while the UK price trades at a 4% discount!

https://www.***************************/diversified-energy-company-continue-to-get-enhanced-results-from-wells-londec/4121134364

Gold USD $2,038

Steep discount to the SA listed shares once again.

Current polls

ANC 45-50%

Democratic Alliance 30%

EFF 9-10%

Democratic Alliance the official opposition is centrist, seems quite pro business and is led by a caucasian John Steenhuisen.

So I see no reason to fear the election or scaremonger for that matter.

The ANC still have a very comfortable lead.

Democratic Alliance as opposition seem sensible.

The idiot freedom fighters have minimal support in comparison.

Iraq needs Turkey's WATER

& losing a BILLION DOLLARS A MONTH HELPS NO ONE

Brainless people

What do they talk about?

Https://www.rudaw.net/english/kurdistan/28112023

The situation is much improved actually as the first half showed.

240-250K production next year with Mintails.

$2040 gold price.

Do the maths and you get EPS of 7p.

It is also their summer in SA at the moment which should help.

It's a nice 25C today in Johannesburg.

In the meantime Wheaton and others can snap up a bargain, mid tier gold producer with little to no debt trading at a forward P/E of just over 2.

Cobus, Deon and the directors could get themselves a few million each as part of the takeover deal and a handsome reward on the millions in shares they hold here.

Cobus and Deon have been around for a while now so may want out and would be listening to offers IMO, especially after the AGM where their pay deals were voted down.

Production will hit 250K next year with Mintails.

7p EPS with Mintails is achievable, which means the forward P/E is just over 2.5

Insane!

10% rise

Precious metal prices up ++

Gold now $2,030

Well in case belgrano is right and the Iraqis are keeping tabs this board....you are a bunch of incompetent, obtuse, lying, corrupt f***ers!

& GKP IR team and BOD

Get a trading update out ASAP!

That's more like it.

Well above the 200 day moving average now.

Technicals would suggest 20p is next.

I maintain my target

10x P/E = 55p

Like Sylvania Platinum which surged from 10p to 140p PAF deserves a massive re-rating.

190,000 oz

$1325-1350 AISC

Current gold price = forward EPS 5.5p

P/E 3

Any bidders out there?

& yet in SA it finished up 5.5%

Ridiculous.

Again.