Member Info for PhatStyle4321

Short squeeze incoming here, this is only going to get a lot higher especially with 2 days of MA increasing his position he could be doing it today

With MA frantically increasing his position a takeover offer for Boohoo could come over the weekend ? What would they take £1 per share ? Seems likely, let’s see how this unfolds all IMO of course

Still same old story nothing until someone gives in and what has changed till now, absolutely nothing

Just my opinion, but let’s see

Is the pipeline opening ?

Sky news Arabia reported an agreement has been reached

Agreed hoepfully more details in the next couple of hours

Could a deal be struck today? Very possibly, all these negotiations and talks especially the main issue on water levels it could be possible with Erdogans problem solver coming to Iraq that each party succeeds..time will tell

75% rise from here if pipeline opens, local sales have put a floor in the share price here. Let’s see

GKP was 120p before local sales started, it dropped this low because of HK saying they didn’t think exports would start, imagine what will be happen here if exports are agreed.

If the meetings are happening it shows that something has been agreed upon, also that Turkey is increasing the water allocation to Iraq.

Iraq would hopefully want this deal to go through as it’s a win win for both sides.

Let’s see

The fact that IOC’s are getting substantial revenues, Iraqi government won’t like this as oil is being sold even cheaper.

Turkey also won’t like it too as it reduces their bargaining power, this is positive in all 3 directions; with 3rd being liquidity improves in the IOC’s

Expect a more swiftly resolution

There’s obviously someone who’s selling who hasn’t seen the news yet, Genel will finish up by tomorrow around 85p plus, it always takes time to filter

Be quiet itsaponzi this is great news and will show that GkP has most likely increased to around 20,000 plus, regardless of the price we are still receiving income, great news and a big bounce off todays lows

“While there is no light at the end of the export pipeline, we are seeing the headlights of more and more incoming tanker trucks loading up our Tawke cargoes on a cash-and-carry basis,” said DNO Executive Chairman Bijan Mossavar-Rahmani. “Meanwhile, our strategy of broadening DNO’s portfolio beyond Kurdistan is bearing beautiful fruit,” he added.

Great news for all Kurdistan producers, 10-20% up today

Https://www.kurdistan24.net/en/story/32271-KRG-delegation-to-visit-Baghdad

Another good thing here is that the oil will be marketed at top prices making it better in terms of payment towards the IOC’s, things looking better day by day.

Water issue solved by Turkey for me is huge news

The fact that local sales have started which will bring in revenues to halt the reduction in cash burn, gives GKP more time and as days go by brings us closer to a resolution.

The water issue was the most important on the criteria, the next one being oil. I believe we could see a resolution in the coming weeks as this first step is very positive for both ties between both countries.

Before news on local sales, GKP was at 120p, therefore should see an easy run up past that to 130p short term IMO

Https://ina.iq/eng/28068-after-a-bilateral-agreement-the-minister-of-resources-confirms-the-improvement-of-water-flows-coming-from-turkey.html

Looks like they have agreed on something. Turkey improving water flows is a step in the right direction.

Https://www.energyportal.eu/news/iocs-urge-oil-and-gas-bill-in-iraq-include-production-sharing-contracts/154797/

Totally agree, it is a double edged diamond as local sales dramatically slows the cash expenditure giving GKP a lot more time to wait.

It seems with Erdogan visiting towards the end of the month a resolution will be forth coming. Each party is losing out here especially as the oil will be sold via SOMO.

Deal resumption doubles this share price at least back to 200p plus

Https://www.kurdistan24.net/en/story/32252-KRG-delegation-to-visit-Baghdad-in-next-two-days:-Iraqi-Foreign-Minister