Member Info for NathanC

Impressive results today, hope restored.

£0.60 seems like a good price

Net Cash 134m + 50m outstanding owed 184m but market cap is 168m

Insurance will pay nicely and an export resumption seems to be gaining traction now.

In a meeting between delegations from the Iraqi federal government and the KRG on Tuesday, the participants emphasized that "significant progress has been achieved, particularly in the issue of oil production and export from the [Kurdistan] Region, as all necessary conditions and requirements have been met to commence production and export through SOMO" - Iraqi planning ministry statement

https://x.com/thenewregion/status/1957736596477997314

Should we be expecting a cut dividend after the shut in?

@RudawEnglish

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9m

#BREAKING: Senior official from Iraq's oil ministry confirms to Rudaw that they are "very close" to finalizing an agreement with the Kurdistan Region, paving the way for the resumption of Kurdish oil exports

Looks like we are once again resuming "today or tomorrow"

No longer extracting oil, deal "today or tomorrow" for years now and somehow the price is hovering around £1.65?

Today has passed. Tomorrow is here. Will the pipeline open? No one knows.

This time it will open for sure

Https://www.reuters.com/business/energy/chinas-independent-oil-firms-elbow-into-iraqs-majors-dominated-market-2025-08-04/

Don't see how Kurdistan is producing that many barrels per day unless the gkp and genel shut-in was lifted. Unless they are just lying as usual.

May salary paid based on the 31,000-barrel delivery, but SOMO must receive the full 230,000 barrels per day before any further salaries are dispensed.

So did they send the salaries yet?

Engineered drop so big boys can buy in before resumption?

Place your bets. Pump and dump or the real thing?

Are you currently posting from the Kremlin? Russia will have difficulty invading anything after swapping 1 million men and a third of their AFVs for 20% of Ukraine.

A surprise to be sure but a welcome one

Seems to have been imminent for quite some time now.

It's also likely that the Shias will want to strengthen the states financial situation by reopening the pipeline, either way the oil revenues go into Shia hands, just a question of the amount. At any point the situation could change into one like Syria, a third of the country consists of Sunni Muslims who are unhappy with Shi'ite oppression.

They probably won't want to alienate Kurdistan too much now there is a credible Sunni threat to the west of Iraq. It's also likely that the Shias will want to strengthen their