Genel Energy Share Discussion Threads

[cyan] 14/11/2017 21:26

Part of answer to the revenues issue is to get around the table and progress monetization of our gas assets.

Brent $61.88

[cyan] 14/11/2017 20:05

'KRG expert committee ready to talk budget concerns with Baghdad '

By Rudaw 46 minutes ago

"The statement did not detail plans for a visit to Baghdad, but it hints that the KRG is making preparations for talks with the central government. If and when such a trip takes place, it will be the first public talks on a political level between the two capitals since Kurdistan’s independence vote. "

[carla1] 14/11/2017 19:50

All on target.. below the £ very very soon x

[gregpeck7] 14/11/2017 18:44

It's most certainly calming down

[cyan] 14/11/2017 17:06

"Abadi welcomes KRG decision on court ruling"

By Rudaw 14 minutes ago



Brent has softened which may explain our downbeat share performance today.

Brent now $61.94

[losses] 14/11/2017 14:59

ERBIL - In the final version of a national defense legislation released on November 8th, the US Congress has omitted a condition which had bounded US military aid to Kurdistan Region's Peshmerga forces to "contingent upon KRG's participation in the government of a unified Iraq".The US Department of Defense has asked for $365 million in stipends and sustainment for Peshmerga in 2018.

[gregpeck7] 14/11/2017 13:59

Volume is so quiet, no one selling.. I am expecting this to move pretty soon... (hopefully) North!

[gregpeck7] 14/11/2017 13:54

Good news.

[losses] 14/11/2017 13:38

BAGHDAD - The Iraqi central government has regretted a previous decision which intended suspending trade with banks in the Kurdistan Region or forcing them to close down, a source from Iraqi central bank said.The decision was reversed reportedly after bank managers gathered with the Iraqi central bank to appeal for reconsideration.However, according to the source, an official decision is yet to be made.

[cyan] 14/11/2017 09:38

By referencing the constitution many times both Erbil and Baghdad have effectively recognised the 'red line' the border represents to KRG region; one that should not be crossed.

Its time for them to argue cash; the 12.6 and 17% issue.



Extract (first lines);

"ERBIL, Kurdistan Region — The Kurdish government in Erbil said on Tuesday that it respects a ruling by Iraq’s Federal Court that Iraq is a parliamentary and democratic republic with the constitution as the guarantor of its unity, saying it could become the basis for dialogue."

Brent $63.16

[panagos] 14/11/2017 09:30

Bounce way overdue imo.

[gregpeck7] 14/11/2017 09:24

Moving up nicely on very low volume.... Are the sub 120's done...

Need 122 to break for a breakout to start.

[gregpeck7] 14/11/2017 08:36

Added this am

[carla1] 14/11/2017 08:10

Oh Dear...

On Target to break £1 level this week

[timw3] 13/11/2017 23:18

O/t Schroders and L&G coming onboard in JOG as per after hours RNS.. Think i will need to start reloading here on the back of them two big guns buying.

[d1nga] 13/11/2017 21:57

21978

I agree and continue to add , I see DB upped its price by a tad today

small volume continues to shake it about all over , there's still not too much to be worried about yet IMO and the situation appears to be improving, the bullets have stopped flying KRG remain in control of the pipeline and looks likely that will continue , big oil will sort it out in the end , and big oil runs the show at the end of the day.

Still it would be nice to see it ticking up instead of this sideways nonsense

[cyan] 13/11/2017 21:52

Imaginations are running riot with what could go wrong. For goodness sake . We have enough issues without dreaming up fanciful scenarios; I am waiting for someone to raise the risks of a giant meteorite strike next.

Spent 2 minutes looking into Pogues Churchill Mining 'issue'. Apparently their compensation claim was thrown out by ICSID and costs awarded against Churchill.
There are re courses to international law courts and arbitrations.

[pogue] 13/11/2017 21:51

Iraq would not be effected I am prepared to bet companies still goto Russia despite the fleecing’s they get, look at BP and the oligarchs they had to buy into Rosenef to escape that rip off nobody is avoiding Russia just now or China where companies intellectual rights are regularly stolen as a price of being there. Iraq will always have investors because of it's oil, companies will accept that risk just as they do in other countries.

[gregpeck7] 13/11/2017 21:40

I don't think we are saying the UK government would 'intervene'. We are saying a severe impairment of genel would be a red flag to many investors for a future investment into Iraq or krg.

[gregpeck7] 13/11/2017 21:32

Pogue. This is not an aim share.

[cyan] 13/11/2017 21:23

The new 'best mates' have met again;

Erdogan visits Putin, commits to political solution in Syria

By Rudaw 38 minutes ago

[pogue] 13/11/2017 21:13

I am saying there are many unknowns and I don't rally think Iran/Iraq fear London, just look at what Iran is doing to a UK citizens in Tehran just now. Beside I have had AIM shares before ruined by corrupt foreign govenments and the assets stolen, Churchill Mining springs to mind didn't see the UK government intervening there.

[cyan] 13/11/2017 20:54

Who is going to deprive minority shareholders of their rights?

GENL is main listed in London in the LSE .I wonder what their view would be? I really do not understand your 'fear'