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CCC is just another OM63/KURDMAN63 stooge as you have all correctly identified. One of the “team “and a particularly naïve and gullible one at that.
Looking back at some of our past posts I notice he has left a few of my questions unanswered. So, I repeat them here.
Please explain the following CCC.
What exactly is this so called “Gas issue “you claim GKP has with Shaikan ?
What exactly is this so called “Water issue “ you claim GKP has with Shaikan ?
You disagree with the £25-£35 valuation for GKP I was given by an expert past work colleague of
mine. So please give our own valuation complete with calculations.
Many thanks
SS
I think GKP have had a plan ever since Jaap arrived. His Project Management approach was pretty obvious sometimes.
IMO
No FDP approval is required .
They have to manage the gas because of the increased volume at potentially 110k bbls a day. They also do not have a "reasonable" justification not to do so , since profits will also rise substantially. As I explained in prior posts.
Its what they will do with this gas thats interesting , will they clean it up and use it as fuel gas for the Shaikan Power station to the West of Shaikan or will they reinject it ?
So what happened to the "mighty" GOATCAM ?
LOL
I also support the Kurds , and for a while there when Trump was in I was beginning to think they might just get it. But not with dementia ridden Biden . The poor guy , he is just a puppet .
highlander7 1 Sep '21 - 05:00 - 639378 of 639378
I also noticed that he was gone this morning Ian. Sounds like they all ganged up on him. Like 3i used to be. Classic from these City crooks over there. Its a bit obvious that one
He knew what he was talking about and it sounded like he knew Jaap. Incidentally he also forecast that a sale announcement was imminent.
As I have said ...they give the game away every time.
All you have to do is be aware.
H7
I see NOBULL ON LSE lying again.GKP is not a speculative share.
.
It has been a constituent of MSCI World Small Cap Index
for over 3 years, an index inclusion that requires a huge level of financial due diligence.
.
This means that fund managers WORLDWIDE can see that MORGAN STANLEY have rubber stamped the stock and included it in their investment basket.
.
Of course as everyone can see many many international funds hold large lumps of this stock, mostly bought from retail who believe the lying blog bashers working for brokers to extract them.
Ok Nobull
Whats the difference between a risk and a hazard ?
How do you calculate Risk ?
All yours
H7
Thats true . However with a bit of risk taking and careful buying at the right time you could have recouped a fair bit. If not all of your losses , if you were still holding all your initial shares.
I am an optimist and this game ( that is what it is ) isnt over yet. I am always wary when the same group of posters go well out of there way to repeatedly tell me how bad this company is. So, its refreshing to see individuals expressing a genuine POV and not some troll nonsense.
IMO
OK . of course we have had a number of hazardous events that investors tend to forget. In the early days we had the political struggle with the ICG. We had all the issues with management , changes of BOD. We had ISIS and the wars that followed , then we had COVID19 . TO me its a miracle the SP is even where it is now.
However as you say all that is behind us now. The political risks are much less. The future looks very good indeed.
I wish you well
SS
Titan I agree with you sentiments and indeed share most of them and have been fighting battles with these so called "nay sayers" aka Trolls for years. I would ask you one question regarding risk.
A 75% of what exactly ? and how did you arrive at this number ?
26th August 2021 in Iraq Oil & Gas News
By John Lee.
The Iraqi cabinet has approved a plan to restructure the ownership of the giant Rumaila oilfield.
The field will be taken over by the newly-created Basra Energy Company (BEC), which in turn will be owned by BP and the China National Petroleum Corporation (CNPC).
According to a statement from the Ministry of Oil, it appears that the CNPC interest will be held through the company's subsidiary, PetroChina.
(Source: Ministry of Oil)
There are a number of possible outcomes.
(1) The SP will rise
(2) The FDP will finally appear
(3) The intention to move to 110k bbls a day will be announced
(4) A buyer will appear
(5) Nothing
Jaap of course is probably one of the best Multi $billion Project Managers /Project Directors around. Trained in house by SHELL and brought in to sort out the FUBAR mess that was Sakhalin Island. Which he did.
I always wondered why he would chose to work for GKP. Then I remembered the potential size of the Shaikan "Project" and the Technical and Political challenges it poses, and it made sense.
They let SA go because they could not fulfil the conditions of the PSC.
BB was a Genel decision if I remember correctly.
LOL
ROLE OF THE CHAIRMAN
The Chairman is responsible for leading the Board and focusing it on strategic matters,
overseeing the Group’s business and setting high governance standards. He plays a pivotal role
in fostering the effectiveness of the Board and individual Directors, both inside and outside the
board room. The Chairman is also responsible for ensuring that there is effective communication
with the AMs, acting as a sounding board for the CEO and representing the Company
externally. With the support of the Company Secretary, he ensures that the Board
receives accurate, timely and clear information.
ROLE OF THE CEO
The CEO is responsible for the day-to-day leadership and management of the business, in
line with the Strategic Framework, risk appetite and annual and long-term objectives approved
by the Board. He may make decisions in all matters affecting the operations, performance and
implementation of strategy of the business.
The CEO brings forward to the Board ALL operating plans; once adopted they are responsible for
their implementation and delivery and reports on progress at frequent and regular intervals.
Fair point S&A .
I guess I have had ten years of these clowns trying to tell me GKP is effectively worthless . Consequently my frustration at their never ending trolling gets the better of me now and then. The fact that none of them have the faintest idea what they are talking about doesnt help.