Member Info for Mumbo_Jumbo

Because of Bangladesh Government... shares were at 900p at one point nearly 20 years ago if memory serves me correct.

read the article and you will see who it is.... it is not ANGLE.

q1 it should have read...

But most likely will be q2 or beyond, who knows!

ironic that the company doesn't want to flow test .... anything but that.

oh come on... entirely within his control to address the red tape earlier. Why wait now?... He only had two jobs complete since the start of 2023, drill mou-2 and test mou-1 and here we are almost at the end of Q2 and no clue when it will be done.

Erdogan is also complicit in stealing from Syria and Iraq.

Well lets see on and after the 3rd....

Shagged - It was obvious when we wrote the unnecessarily granular "regulatory process' RNS for the Mou-1 testing that he had no intention of testing right now and the can was being kicked down the line. Much to to the chagrin of many, I said so as much then and so it is proving to be and after the raise of the left field mou-3 drill, most now agree that it will be after Mou-3 drill. Whenever that will be.

Ofcourse all this is IMHO.

One interpretation of the ruling could be that the entirety of this operation is illegal. KRG had no authority to grant licenses for exploration nor for production and the companies that entered into these deals are wilfully complicit in this and for undermining Iraqi national Government sovereignty. On this basis, they can throw GKP and others out of Iraq and to make it worse, claim for damages....

It's not entirely out of the realm of possibilities.

so in other words... the stealing of Syrian Oil was being facilitated by KRG.

So much for the rule of law.

GRH - and flow testing will be done when... H2?

why on earth you would use a digital rupee? Lest I forget India is a third world country with a lot of endemic issues.

The west can move the value chain which they undoubtedly will to punish these countries making money from Russia-Ukraine war or secretly plotting to bring economic ruin to the west whilst being friendly.

Is it me who can't locate them or have they all vanished?

That is brave Nigel. Still pondering, let see what the situation is over the next day or so and see if they can come to a decision. The central government will have to reveal its hand sooner rather than later.

Will it be Central government or KRG?

Can the Iraqi Central Government conceivably throw GKP along with others out of the country and take over the assets?

Just sitting on the sideline pondering on whether to take a position. Anyone care to comment on the above?

Blissful - Have a look at the list of excuses ahem requirements he put forward before the test could be carried out.

MK111 - I don't want anyone to hold my hand, maybe you require that. I am simply asking him to provide us with clear and upto date plan with when the proposed work will complete and if anything has changed then let us know immediately. I am not asking for much, this should be by default.

As I said earlier, at the start of 2023, he had two tasks; mou-2 drill and mou-1 flow test.... Almost 3 months gone and we don't know when this will be done or if mou-2 has been dropped. Instead something else has been dangled infront. Just drill and test what you were suppose to and let us know what it is. If its good, this will goto the moon and if its not then it will crash. Its as simple as that and we have invested here knowing the full reality of what can happen in both scenarios. I don't need him to play chess with us... just give us the results.

Thanks Keith…. The $16 should be a no brainer for the morrocans to sign up to.

GRH

You are raising bull cases about no debt etc... which a I agree with and it is why I am invested here.

Well, are we not all traders after all? Some maybe longer term than others but traders nonetheless... I would not be investing in an E&P company just for a short term trade... at the most riskiest stage at that.

It is irrelevant that anyone should care that you would be diluted or anyone for that matter, we all get diluted. In the end it was raised at 5.5p.

The real issues that you are skirting around is the unprofessional nature of the CEO and the obscure nature of the comms. Maybe you have a telepathic connection to PG, but I certainly do not. I expect clear and relevant information for the tasks undertaken. At the start of 2023, he had two tasks; Mou-2 drill and the rigless testing of Mou-1. We are begining month 4 of the year pretty soon... and no one knows when these will be completed or if one has been abandoned altogether.

GRH - what's your point... that I was 1.5 p off when the price was hovering around 5p? If you cared to follow the the whole context to what I said then was... to do a raise and finish mou-2. At the time when it looked like we needed money to finish mou-2. Unlike others, I am not scared of the money being raised ... it is a necessity and I put my case forward for it back then.

I have not got the insight you have.. and I have to go with my gut feeling, and so far I just feel like I am being treated like a fool with these RNSes... snippets of half info here and there and then bringing something completely different from left field.

Keith - the price of gas fallen since that September presentation... what are the figures we are looking at now?

Well it will be a relief to get some clarity at least.