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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gulf Keystone Petroleum Ltd | LSE:GKP | London | Ordinary Share | BMG4209G2077 | COM SHS USD1.00 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
3.20 | 2.90% | 113.50 | 112.90 | 113.50 | 114.50 | 112.00 | 112.30 | 824,180 | 16:35:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 123.51M | -11.5M | -0.0517 | -21.74 | 250.03M |
Date | Subject | Author | Discuss |
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14/4/2020 06:43 | Thanks FNTC,arrears incoming.:âWe are pleased to have reached a solution whereby both parties can move on amicably, particularly in light of the current climate,â? IMMS founder Murtaza Lakhani said in a statement.And this is the money linked to KRG. They don't have a seperate lawsuit. IMMS is KRG's oil trader.Genel CEO:"We have been informed that the recent disruption of 2 payments have been due to external factors. Notably, the Lebanese banking crisis causing $1 billion of funds belonging to the trader that pays the IOCs being tracked. As promised, NRG caught up on overdue payments in January only to fall behind again as a consequence of a reorganization of a payment process with the KRG because of the banking problems"hxxp://www. | urals | |
14/4/2020 06:42 | https://t.co/0DN07Po | urals | |
14/4/2020 06:41 | https://t.co/1dWUlCf | urals | |
14/4/2020 06:41 | https://t.co/cd69rAF | urals | |
14/4/2020 00:24 | LOFL several times, hilarious. Fake posters arguing about fake news, classic. | bigdog5 | |
13/4/2020 22:25 | “We are pleased to have reached a solution whereby both parties can move on amicably, particularly in light of the current climate,” IMMS founder Murtaza Lakhani said in a statement. And this is the money linked to KRG. They don't have a seperate lawsuit. IMMS is KRG's oil trader. Genel CEO: "We have been informed that the recent disruption of 2 payments have been due to external factors. Notably, the Lebanese banking crisis causing $1 billion of funds belonging to the trader that pays the IOCs being tracked. As promised, NRG caught up on overdue payments in January only to fall behind again as a consequence of a reorganization of a payment process with the KRG because of the banking problems" hxxp://www.energyint "Oil Trader IMMS Sues Lebanon's BankMed Monday, December 2, 2019 Summary IMMS' lawsuit against BankMed highlights the depth of Lebanon's banking crisis, while shedding light on how oil revenues are distributed in Kurdistan." | fntc | |
13/4/2020 21:58 | From the Al Arabiya article:- "Details of the settlement were not disclosed." We don't know what the settlement was so we don't know that they'll get their money right away or even how much but I hope you're right. Dan Azzi, former chairman and CEO of Standard Chartered Lebanon. “Who’s going to give the speech saying, ‘Oh, half your deposit is gone’. Let's hope the KRG lawsuit gets settled equally quickly. | habshan | |
13/4/2020 21:45 | IMMS and BanMed have settled out of court, so IMMS will get their money right away without having to wait for a court case to be resolved. | fntc | |
13/4/2020 21:34 | "You very transparent Habshan lol" What on earth's the matter with you China, it's called discussion and debate and that's what these boards are for. I thought better of you. "So it's definitely the same money, there are not two cases where BankMed confiscated $1bln." The Lebanese liquidity crisis is a country wide issue affecting ALL the country's banks and nobody, either the local populace, foreign depositors and even entities like IMMS and the KRG can get their money out as the banks have imposed their own informal capital controls. The government is looking at recapitalizing the entire banking sector because the banks are in danger of going bust. That's why the likes of IMMS and the KRG are having to go to court to get their money. hxxps://www.gfmag.co "Lebanon: Facing Down A Liquidity Crisis." "Lebanon is entangled in an unprecedented liquidity crisis. The local currency has plummeted; inflation is soaring. Banks have imposed informal capital controls, fueling rising popular unrest. In early February, Diab’s team proposed a plan to end the financial crisis. The road map includes public-sector reforms, interest rate cuts and recapitalization of banks." IMMS have had a good result in court. That bodes well for the KRG lawsuit and is a huge step in the right direction, but it's a self evident truth that if the banks can't pay then nobody gets their money until they CAN pay. | habshan | |
13/4/2020 21:11 | Hmm, 30% drop in demand, 10% cut from opec, storage getting filled to capacity, not adding up ! expect this to retrace very soon , bear trap . | hhhold2 | |
13/4/2020 21:01 | The court case regarding the $1 Billion that was confiscated in Lebanon by BankMed from oil trader IMMS, reportedly related to KRG payments for IOCs (by S&P Global Platts), has been settled. #dno #gkp #GENL #SNM https://t.co/ZdtEYX3 | chinese_takeaway | |
13/4/2020 21:01 | https://t.co/0DN07Po | chinese_takeaway | |
13/4/2020 21:01 | https://t.co/1dWUlCf | chinese_takeaway | |
13/4/2020 21:01 | https://t.co/cd69rAF | chinese_takeaway | |
13/4/2020 21:00 | You very transparent Habshan lol | chinese_takeaway | |
13/4/2020 20:31 | I still think we're talking about two separate $1 billion deposits here Urals and the IOC payments are dependant on the KRG money not the IMMS money. The court has ruled on the IMMS deposit but not the one belonging to the KRG, and according to the original news reports the payment problem is due to the KRG money being blocked. "Dubai - The oil ministry of Kurdish Regional Government in Iraq has been unable to pay energy companies operating in the semi-autonomous region because its cash has been stuck in a Lebanese bank facing a liquidity crunch and the oil price crash will only make matters worse, sources told S&P Global Platts. The Kurdish government had $1 billion in the bank account, which it cannot access because of the liquidity issues caused by the financial crisis in Lebanon, a source told Platts. "That was cash the KRG put in there for a rainy day and now [is] not able to draw," said the source." | habshan | |
13/4/2020 19:47 | Thanks for that explanation Urals. And thanks for finding and posting up the original snippet. It's an important issue so let's hope it pans out accordingly and we start getting some regular payments. | habshan | |
13/4/2020 19:39 | Gkp sell to KRG on 3 month credit terms ,KRG sell to trading houses on credit terms , trading house sells to buyers on credit terms............... | urals | |
13/4/2020 19:31 | "The trading houses have been receiving payments ever since !!!!" We seem to be talking at cross purposes Urals. You seem to be saying that because the trading houses have been receiving payments since 2016 then they in turn have been paying the IOCs since then. Is that what you're saying. | habshan | |
13/4/2020 19:06 | The court case regarding the $1 Billion that was confiscated in Lebanon by BankMed from oil trader IMMS, reportedly related to KRG payments for IOCs (by S&P Global Platts), has been settled. #dno #gkp #GENL #SNM https://t.co/ZdtEYX3 | urals | |
13/4/2020 19:06 | https://t.co/0DN07Po | urals | |
13/4/2020 19:06 | https://t.co/1dWUlCf | urals | |
13/4/2020 19:06 | https://t.co/cd69rAF | urals |
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