Member Info for ocelot

that's better!

Encouraging tweets from Angus:

"To clarify the RNS regarding Brockham: Under EA/HSE/OGA regulations, hydrocarbons are not allowed to be produced to surface at Brockham from the BRX4Z well without adequate process / well testing equipment in place."

"Once the well test package is in place, a flow test will be carried out and only then will we know if BRX4Z will flow commercially. All we can say at this point is that we are very happy to have successfully isolated the water from the well."

Final dividend of 10c

It's just as well you're out, then, johnboy_ni

"company is a f****n joke!! I'm out!! ss doesn't give a flying toss about share holders"

Interesting article on the legal dispute:

https://www.washingtoninstitute.org/policy-analysis/view/iraq-turkey-pipeline-arbitration-avoiding-a-policy-train-wreck

Think the original council meeting was planned for February: it's been pushed back each month since.

ERBIL — Kurdistan Region Parliament convened on Wednesday and passed a bill to amend and reactivate Kurdistan Region Presidency Law.

The bill received 89 votes to restore the functions of Kurdistan Region President and temporarily change the election method from public to parliamentary vote...

The bill now allows official candidacy for president within three days. The parliament should forward the candidates resume to supreme judicial council before voting on the next president.

The vote is expected to take place within 14 days starting from today (8th May).

http://www.basnews.com/index.php/en/news/kurdistan/519460

to meet Abdel-Mahdi, seems to be related to concern about Iran:

http://www.rudaw.net/english/middleeast/iraq/070520191

No.10 has other worries at the present time!

Seems to have been refreshed by the Bank holiday weekend - volume has picked up (25.6m on a rival site).

Withoutt 230
Hasiba 235
Ocelot 240

Pearl Petroleum looking to raise a bond of $300-400m:

http://www.basnews.com/index.php/en/news/kurdistan/518949

article also indicates Dana Gas could seek a 2nd quotation in London this year.

ERBIL — Kurdistan Region Parliament will convene on Wednesday (8th May) to vote on reactivation of Kurdistan Region Presidency...

The session was set a day after Kurdistan Democratic Party (KDP) signed a final agreement with the Patriotic Union of Kurdistan (PUK) to lay the ground for the establishment of the new cabinet.

According to the constitution, the new president should task the next prime minister to form the government within a month...

http://www.basnews.com/index.php/en/news/kurdistan/518949

SULAIMANI, Kurdistan Region – The Kurdistan Democratic Party (KDP) has reached a final understanding regarding the next Kurdistan Regional Government (KRG) in separate deals signed with the Change Movement (Gorran) and the Patriotic Union of Kurdistan (PUK) in Sulaimani on Sunday ...

http://www.rudaw.net/english/kurdistan/05052019

Agreed, STOCKBUSTER, the dividend is enticing.

As is the P/E ratio: I've assumed 2019 earnings of about 45.5p, puts the stock on 4.8x with the price at 217.50p: that is cheap, really very cheap.

SULAIMANI, Kurdistan Region – Nechirvan Barzani, leading a delegation from the Kurdistan Democratic Party (KDP), arrived in Sulaimani Sunday morning to possibly finalize long-awaited agreements with the Patriotic Union of Kurdistan (PUK) and Gorran and end months of discussions over formation of the next government...

http://www.rudaw.net/english/kurdistan/05052019

Somewhat similar to yourself, STOCKBUSTER.

Was originally going for about 600p, but the impairment against Miran came as an unpleasant surprise.

Now going for about 350-400p.

The results of our work this year, when consolidated with the body of knowledge gained in prior years, will inform our decisions about where we should focus our efforts in moving one or more of our mining projects out of the exploration and into the development phase, to join Clogau-St David's which is already a development asset. As a diversified mineral exploration company, our modus operandi has always been to seek out exploration assets which have serious potential to become development and production assets. In that respect, I expect the coming year to be a defining one for Alba.

Given that Angus's share price is floundering a bit following its placing, maybe SS is to be congratulated on getting away his placing when he did!

lambo222,

Think you are on the right lines.

Looks as if some of those who subscribed to the placing may have over-committed themselves and are, therefore, scaling back those commitments.