Genel Energy Share Discussion Threads

[justiceforthemany] 15/12/2023 18:15

hxxps://www.kurdistan24.net/en/story/33457-Eighth-oil-company-joins-Kurdistan-Region-int%E2%80%99l-petroleum-assn

Positive.

[last of the mohicans] 15/12/2023 16:32

Importance of the pipeline just went up a couple of notches ............

"Danish shipping company Maersk has said it is pausing all journeys through the Red Sea."

GLA
LOTM

[last of the mohicans] 15/12/2023 14:46

MickinVest,

I answered your question a couple of weeks ago.


------------------

Anyway thought I'd better top-up as you never know what to expect on a Monday morning with the KRG ............ 10K at 68.64p

GLA
LOTM

[milliecusto] 15/12/2023 10:12

Simple, percentage is cut from Kurdistan output

[maxplus2] 15/12/2023 08:34

Referring to a person who is voting down - get a life.

[maxplus2] 15/12/2023 08:14

It can only reopen once all the stakeholders associated with the pipe lines are in agreement

[mickinvest] 15/12/2023 00:21

Can someone please tell me how the pipeline can reopen and Iraq can cut their OPEC quota by 220k bopd?

Serious answers only as everyone has been avoiding answering this for weeks and the share price sort of says it doesn't see it reopening?

SP is valuing it as opening some time in the future but not near term.

[justiceforthemany] 14/12/2023 20:52

hxxps://www.rudaw.net/english/middleeast/iraq/141220232

Could be up and running in 2-3 weeks if Sudani can be believed and the law is adjusted in Jan. A big IF yes.
The idiot seems 'eager' though and they need to pay the Kurdish salaries...

[losses] 14/12/2023 12:27

Will easily be looking around 120 once line opened..

[maxplus2] 14/12/2023 11:27

Chill out and be happy

[maxplus2] 14/12/2023 11:27

No need to go that argumentative - life is too short.

[ozzmosiz] 14/12/2023 10:36

Why did you invest then? Plonker

[bossonmad] 14/12/2023 10:20

The pipeline could never reopen

[maxplus2] 14/12/2023 10:06

I really doubt it would double. I would be happy if I just breakeven. There is something not right about Genel

[losses] 13/12/2023 21:11

Good levels to be adding now to double your money quickly when the pipe line opens up.

[milliecusto] 13/12/2023 21:06

Getting to cheap, not a ramp but plain to see

[andy scrimgeour] 13/12/2023 16:38

Yup, I think they are overdue an update and with the way it's going, I expect it won't be pretty. Surely most of the damage is done here though as it heads towards pricing in cash only?

[nicebut] 13/12/2023 16:31

Depressing isn't it?!

[andy scrimgeour] 13/12/2023 16:21

Hey nicebut😆. Judging by the price action here vs GKP, it looks as though Genel are going to announce the appointment of Fred the Shred and Kwasi Kwarteng as NEDs tomorrow. 😆

[nicebut] 13/12/2023 15:42

You called?

[andy scrimgeour] 13/12/2023 15:31

Christ, is there a bottom here? 👀🔎

[s34icknote] 13/12/2023 14:55

They bought 3 million quids worth at 82p They need to average down again !!

[sbb1x] 13/12/2023 14:43

500K trade this morning.Short?Maybe to sell in tiny bits to get the price down?Still reckon 54p is the target price

[s34icknote] 13/12/2023 14:38

Just re read that , yes stand corrected . So in fact 37k to 21 k per day average .Is that because genl have gained market share from them ?