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Budget amendment now in process of being approved... next 10 days.
Iraq's government is studying options for amending its budget in order to be able to pay foreign companies operating oil fields in Kurdistan in a bid to restart the flow of oil from the northern semi-autonomous region, al-Sudani told Bloomberg
"We are discussing the draft amendment of the relevant article along with the parliamentary financial committee," al-Sudani told Bloomberg, adding that companies operating in Kurdistan "are waiting for the amendment to be done on this article in order to be able to pay for the production cost."
https://oilprice.com/Latest-Energy-News/World-News/Kurdistans-Oil-Still-Offline-Due-to-Discord-Over-Payments-to-Producers.html
HTtps://www.bnnbloomberg.ca/iraq-studies-budget-change-to-resume-kurdistan-oil-exports-1.2011983
"International oil companies “are waiting for the amendment to be done on this article in order to be able to pay for the production cost,” Al-Sudani said."
Now below just released...
10 days max until budget amendments reach Parliament.
'Government is currently putting the final touches to the amendments... including... an increase in allocations, oil production costs'.
The Finance Committee has set a date for the 2024 budget debate to be submitted to parliament.
hTTps://economy-news.net/content.php?id=40419
Also director buy after none for a couple of years...
Very Strong BUY
While dividend payments are perhaps the most common way to return cash to shareholders, there are advantages to share buybacks: Directly boost share prices. The main goal of any share repurchase program is to deliver a higher share price.
Excellent news. They must be confident for 2024. Dividends will start this year also imo.
Acceleration in client spend combined with S4’s cost control should materially lift profits. 2024 will be a great year and don't forget elections and Olympics to boost ad revenue aswell. Buy
70m Mcap
60M payment coming imminent from Samsung court case
Payout of 10-12p per share coming with some of funds
Technical bowl forming on the chart (Bullish)
Possibly supplying Apple
Further news on contracts due
Recent Director buys
Nanoco in the strongest position it has been in years.
Buy
Not bought in here yet but looks undervalued with news flow to come. Below is from another bb
Research note :
Conducted some more weekend due diligence for #nano
#nano @nanocotech
Found some more substance to the claim that nanoco are supplying tech to #apple $aapl via 3rd party.
Found more to support the rumour than refute it at the moment. But that may change.
Source 1: from apples news room (solid source).
Source 2: from nanoco RNS
The correlation ? Apple state they work and have worked with ST Microelectronics as suppliers a multi bill company and this is who nanoco JDA is with.
Couple this with a previous contract held between apple and nanoco but was not renewed due to a change in project direction see link here.
https://www.google.com/amp/s/appleinsider.com/articles/19/06/25/apple-reportedly-cancels-contract-for-quantum-dot-iphone-camera/amp/
However this wasnt reflection of nanoco tech 4 other suppliers were not renewed either.
Link 1:
Link to apple website
https://www.apple.com/uk/newsroom/2023/05/apple-investments-with-european-suppliers-top-20-billion-in-2022/
Link 2:
https://www.lse.co.uk/rns/NANO/joint-development-agreement-with-european-customer-qz58a9o6qqkvozs.html
Samsung:
They attempted to steal nanoco tech and put it in frontline production TVs QLEDs nanoco took them to court and a 150mil settlement final payment is about to be paid. Feb 2024.
They are retaining 20mil for opex which sees them to production so no raises.
The other 40mil is being paid to SH about 10 to 12p a share.
Stock price 20p lows 15p historic highs 100p +
Dr Jalal Bagherli has earned a spot on the BOD and is arriving soon. He is a expert in the field and sold his company for 4bil in 2021. He directly supplied apple.
Standard dyor ect but its been a nice change to DD a stock that isnt a miner.
Shame on you sang, tg2d and banshee and other derampers. This company is hopefully going to save many lives and this is good for humanity. I and others fully support Angle. I wish you all the best and really feel sorry for you guys. Shame really. Good luck all genuine holders.