Member Info for Mulder

'RECENTLY' RECEIVED - so where did the KRG find this money from?

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DUBAI, Aug 9 (Reuters) - United Arab Emirates energy firm Dana Gas (DANA.AD) said on Wednesday it had received $80 million from the Kurdistan Regional Government (KRG) in Iraq, which for over a decade has sometimes struggled to make payments on time.

Pearl Petroleum, a consortium majority-owned by Dana, "recently" received $101 million from the KRG "despite the ongoing challenges within Iraq and is in ongoing discussions with the KRG to settle outstanding receivables as soon as possible," Dana Gas said in a statement on its first-half results.

Diversification is good with growth to come.

bangrak negative again, surprise surprise! You hold a serious grudge against this company for whatever reason.

Surely those PSC terms have been set aside after all that has happened?

Super low production costs per barrel mean even at your discounted selling costs I am getting profit of around $6M per month

Assuming a production cost of $5/barrel and say $40 sale (broadly in line with HKN) at 11,700 bopd gives profit per month of $12M?

Not too bad.

More lies then?

Also a shame that posters like the idiots on Twitter have for over a decade posted highly misleading statements pretending they have inside knowledge of what is going on behind the scenes, slam dunk takeover, £8/share Exxon etc etc.

The fool Malcy has also once again been found out to be clueless and caught with his pants down, even as a 'oil consultant/insider'. He has been consistently wrong for over a decade now with his buy recommendations on GKP and Genel.

Let's put the main point and fear out there. Something the short sellers are praying on. Iraq and the Central Government want to seize Shaikan and the other IOC's/oil assets in Kurdistan for themselves. They believe the Kurdish assets of GKP, Genel, DNO, HKN etc are illegitimate and ill gotten, after all this was only after the west invaded - parallels with Russia and Ukraine? - and they will do their damndest to seize their assets and make their contracts null and void.

Sudani has turned out to be a two faced barsteward and the rest are just incompetent, corrupt clowns who certainly do not have the best interests of the country, economy or foreign investors at heart.

It should not take 5 months to turn a pipeline back on!

Billions in lost revenue yes but Sudani and Baghdad are looking at the long game. The people do not matter to them. Lies on top of lies.

HKN is currently limited to the local sales market in Kurdistan at a net-back price below $40/barrel (Sarsang oil quality is roughly equivalent to Brent crude quality). • During the 2nd quarter, HKN sold an average of 13.7k bopd at an average net back price of $41.47/bbl, generating revenue and cash payments of $19.9 million, net to HKN. • The domestic market for crude oil sales is inconsistent, varying week-to-week. As such, future local market sales (volumes and prices) are unpredictable.

Many of us messaged GKP asking for this pending resolution of this mess.

Did they listen?

-25% drop at one point.

No RNS in sight.

Total silence.

Iraqi and Kurdish muppets; GKP employees the same.

The only solace is the CEO, Chairman, board and Investor Relations including Aaron Clark will soon be out of a job it seems.

That includes Investor Relations and Mr Aaron Clark. Their silence is deafening.

The Board of Directors should have already waived their fat cat salaries.

BUY

100% upside potential

The Eskom situation had greatly improved.

EPS here was hitting 4.8c annualised not so long ago. Gold price is even higher since then.

In which case forward P/E is barely 4!

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One day it might...these incompetent tools are fast running out of time. Read somewhere Kurdistan's doctors and others have not been paid for 2 months. This can not go on for much longer. Deal has to be reached.

He/she suffers with serious grandiose delusions.

Apparently a resumption is imminent and a take over is a slam dunk!

We all know the correct answer.

$125 Million NET CASH

Platinum and PGM production rising

M&A also possible

You obviously have no idea how the dividend system works in the UK. Totally clueless. Some will reinvest their dividend and be granted additional shares which may even see a rise, stranger things have happened.

Hope they have disclosed all takeover approaches as per FCA guidelines.

Find it hard to believe none have materialised.

UK Dr strikes not mentioned? Well diversified though globally.