Genel Energy Share Discussion Threads

[elcapitano100] 26/5/2021 08:58

Oil price up - check.Genel payments in - check.Genel share price down - check.All is well in the world again

[ammu12] 26/5/2021 08:43

Looks like genel won't be getting it and market doesn't think so

[senator] 26/5/2021 08:39

...and it provides no relief to the depressed share price.

[elcapitano100] 26/5/2021 08:25

Payment in (phew) but no overrides/overpayments. Imminent (allegedly)...

[sbb1x] 25/5/2021 18:00

Still no payment disgusting

[soho2] 25/5/2021 15:49

Let's hope you are but would not bank on this... still, we have to wait ....

[officerdigby] 25/5/2021 15:38

Thought is maybe they (DNO/GENL) have more balls and there are some more negotiations going on about back payment before pay up. Having had the current KRI financial issues explained in that online web seminar thing (I posted on here) I'm a bit more willing to accept the reduced payment. But normality is they pay or delay when they want to.

[elcapitano100] 25/5/2021 15:05

Didn't realise that GKP had been paid for March on 20/5 - very strange and explains why the share price is so limp.Should we start to worry?

[officerdigby] 25/5/2021 14:42

Elcap - more to pint the other companies been paid. Just DNO/GENL

[elcapitano100] 25/5/2021 11:12

Last monthly payment was April 13...just throwing it out here...

[soho2] 24/5/2021 12:18

And some overdue $$$

[cyan] 24/5/2021 11:22

Oil moving back up; Genl goes down...oh well.

Lets hope some good drill news will give our share price a lift.

[officerdigby] 20/5/2021 23:01

Roundtable: Spotlight on Kurdistan and Iraq



from here




from GKP thread. Worth a listen: GENL CFO, GKP CCO and some others discussing issues..

[losses] 19/5/2021 13:12

Talk of USA and Iran to start talks... if sanctions removed then more oil in the market hence the drift in oil price.

[senator] 19/5/2021 11:26

Assuming that the previous payment timeline was 45 days (15th of the following month) if invoices submitted on the first day of the month then not expecting payment from KRG until end May.

Suspect first announcement of payment received will be early Jun (week between 1-4 Jun maybe)

[ammu12] 19/5/2021 08:05

Where are the payments??

[hangthedj] 18/5/2021 11:46

soho2, could be only 10 payments this year if nothing received in May.
We've only had 3 payments so far.

[soho2] 18/5/2021 11:25

And by doing so, they will only pay us for 11 months instead of 12!!! . Originally we were supposed to be paid on the 17th of each month but this never happened (except once).....

[hangthedj] 18/5/2021 11:09

Payments - Just checking I have this right?
KRG have been stretching agreed 15 days payment schedule to about 45 days and next payment is due by end of May on the 60 day terms imposed on us.

Last payment - oil produced Feb - invoiced 1st March (presumably) - paid on 13th Apr.

Next payment - oil produced Mar - invoiced 1st April - payment due by end of May (60 days)

[phillis] 14/5/2021 14:33

Not sure why the bleating here
If the Directors had exercised their options at a lower price they would not have had to sell so many shares to meet their tax liability
In which case their residual/ net holding would have been greater

[hangthedj] 14/5/2021 13:00

The proposal has not been discussed with, or accepted by, Genel, and we look forward to discussing it with the KRG
shortly.


Should be a fairly brief discussion.....take it or leave it?

[losses] 14/5/2021 11:25

Add today.. got way too many of these now

[topazfrenzy] 14/5/2021 08:48

I'll add under £1.40

by some luck I sold half my (smallish) holding a few days ago at £1.80, will buy back if it drifts down more

[topazfrenzy] 14/5/2021 08:47

That second shoulder on the head and shoulders pattern quickly formed lol