Gulf Keystone Petroleum Share Discussion Threads

[highlander7] 05/1/2022 08:58

Hello Phillis you only appear when more good news is on the way.

Thanks

LOL

[phillis] 05/1/2022 08:52

Is that 2p I see ?

Must ask Peart if he is still a holder

[pngasef] 05/1/2022 08:50

.... and a special divi too:-)

[nestoframpers] 05/1/2022 08:44

I expect GKP to announce a share buy back soon , along with more dividends.

[nestoframpers] 05/1/2022 08:42

Samir Al-Nusairi

01/04/2022

Samir Al-Nusairi*

All of Iraq's political, security, economic and social problems lie in finding effective solutions to economic problems, and this means that the next government is based on the adoption of clear foundations, policies and programs that are considered a road map for economic reform and a radical and comprehensive change to the previous methodologies for reform, most of which were diagnosed in the white paper and that these policies Unfortunately, nothing significant has been achieved in the past years.

Therefore, we include below our proposals for the roadmap for the methodology of economic reform in the next phase of the new government:

First, the adoption of a new methodology for managing the economy and achieving the central goal of creating sustainable development, achieving diversity in resources, and developing economic and human structures for the sound construction of the national economy and building introductions to the transition to a market economy social.
Secondly, relying primarily on the management and distribution of public money in a transparent and fair manner, provided that the beneficiary of the results and outputs is the citizen.

Third - Activating the Higher Committee for Economic and Financial Reform, and adding to its membership representatives of the private sector, provided that a special system is established for it that is binding on the ministries to implement their decisions. His first task is to set policies and mechanisms to diversify the sources of financing the public budget and not rely on oil only.

Fourth ‐ Implementation of the principle (centralization of planning and decentralization of implementation), and this means that the Supreme Committee for Economic and Financial Reform takes charge of drawing plans and policies centrally and approving them by the Council of Ministers and distributing their implementation to specialized councils for reconstruction, investment and implementation of development projects in the economic and human fields. These councils are: ‐

* The Private Sector Council

* Reconstruction Council

* Small and Medium Enterprises Development Authority

* Public Service Council

* Council to support and protect the local product, as well as to achieve sustainable economic development, create and prepare the investment climate for local and foreign investors, motivate and encourage them, and guarantee their contractual rights to attract their capital and protect them from the pressures of spoilers.

Fifthly, providing soft loans to finance small, medium and large projects and establishing a legal and institutional system for their management, development and development, as well as issuing and amending laws of the legal environment to organize the economic process, which here means issuing new laws instead of the laws issued in 2004 by the American Civil Governor Paul Bremer.

Sixth - Activating investment in the agricultural and industrial sectors, energy, tourism, services and housing, as well as working on reforming, developing and developing the banking sector through monetary policy applications, regulating the relationship and restrictions that govern financial and monetary policies, as well as a serious approach to reforming the financial system, clarity of financial policies, and automation of the customs and tax sectors. Addressing cases of failure to achieve the required growth rates in national income and to overcome the rise in unemployment and poverty rates.

* Advisor to the Association of Iraqi Private Banks

hxxps://economy-news.net/content.php?id=27059

[nestoframpers] 05/1/2022 08:39

£2 + Choo Choo

[mr_todd_f_kozel] 05/1/2022 08:26

He posted 24/7 ,27,000 times negative to the company , and any avatar pro the stock.He must have been working for someone

[highlander7] 05/1/2022 07:53

He will be back. He cant stay away.

[shortsqueezer] 05/1/2022 07:15

Hair of the dog required methinks :-)

[highlander7] 05/1/2022 07:12

Sounds like Doggie is having trouble sobering up. LOL

[highlander7] 05/1/2022 06:34

Bloomberg....

Meanwhile over at JPMorgan, everything is coming up roses for equities. “Stay bullish—positive catalysts are not exhausted,” they told clients on Tuesday, predicting stocks will keep climbing. What about pesky risks like a more hawkish turn by central banks, a slowdown in China’s economy, or more significant coronavirus restrictions? JPMorgan says such speed bumps either won’t happen or are already priced in.

[goatcam] 04/1/2022 23:07

I hope you have saved up more than £30k....

[grafter] 04/1/2022 22:30

I've saved up all of my pocket money..
I want to give him a good home..
I'll wash, feed, walk, give him all that he needs..
Can't wait to feed him a big bone -

[bravedog] 04/1/2022 22:20

Happy New Year to all of you.
Hope you are all healthy.

For the first day, it started well. It seems that KRG became rich on the new year as they were able to pay out very large amounts of USD.

I’ll leave two explanations that both sound crazy.
The first one is that at the turn of the year the US went bankrupt, a fact hidden by the medias and the big techs who control all the flow of informations. Evergrande went bankrupt and almost nothing happened on the markets.
So if the US is in default, and that fact is not public, the interest of KRG is to get rid of its USD that will be worth nothing.

The second possibility is that Irak has already recovered credit by receiving gold which enable them to make payments that are backed by physical gold. That would fit with the talks of changing the parity of USD/IQD which can only happen when the new government is in place. In that case, it could be possible that GKP received gold backed US dollars. With a revaluation of the IQD, the cost structure of GKP will be different.

I really believe that all this virus is a sad distraction for enabling the governments to put in place a new financial system. As I don’t believe in the WEF new world order, the only option left is the QFS which is real.

I think we should soon know, but as Iraq should be the big power in the ME it must take some time to settle.

GLA

PS By the way, where are Tony, BB and Paul/notout ? Hope they made their own bb.

[nestoframpers] 04/1/2022 21:15

OT Vax PPs / totalitarian states.

[frenchybannedme] 04/1/2022 18:46

Sprinkle a good coating of Denatonium on top of the beer, it will help you get into character.

[0ili0] 04/1/2022 18:08

HNY johnbuy. I'll have a few pints of something bitter tonight. Got to celebrate bigdog5 absence. 😂🤣😂🤣

[johnbuysghost] 04/1/2022 17:57

Happy new year all longs.

SP rocketing as oil is going to $200 a barrel in 2022 imo.

[mr_todd_f_kozel] 04/1/2022 17:36

BIGDOG euthanasia, or no longer needed.

[ander] 04/1/2022 16:51

Great day today...hope it continues tomorrow.

[pensioner2] 04/1/2022 16:41

I suspect we may see a few afters today. The big guns perhaps haven't got all they wanted during normal hours.

[highlander7] 04/1/2022 16:35

Malcy...

Oil price

Straight back in after the new year and it’s an Opec+ meeting today, yesterdays preliminaries appointed the new Secretary General as Haitham al – Ghais from Kuwait who takes over in August. Today’s meeting is likely to roll over the 400/- b/d number as there is little incentive to listen to the White House and anyway even getting to the quotas this month will be tricky I suspect.

The Iran talks started again yesterday but many watchers think any agreement is far away with even the US saying that Iran were ‘dragging their feet’. Retail gasoline prices are flat ahead of the inventory numbers and confirmation of driving over Christmas and the rig count was unchanged last week.

Genel Energy

Genel has announced that drilling operations on the QD-2 well at Qara Dagh (40% working interest and operator) have been suspended.

As previously stated, the well had been side-tracked in response to encountering more complex geology above the target reservoir than expected. Two further side-tracks have been initiated, but the licence partners have now concluded that it is impractical to continue the drilling operations from this wellbore in an attempt to reach the primary objective because of insurmountable technical problems. The decision has therefore been taken to suspend QD-2, with the minimum work obligation satisfied.

Licence partners Genel and Chevron will conduct a thorough evaluation of the QD-2 well and its results in 2022 to inform next steps on the licence.

[shortsqueezer] 04/1/2022 15:54

70p between us and Genl now. It's been a while. But I'm really surprised they haven't dropped more on their news today. I'm sure we would have.

[paddyfool] 04/1/2022 15:42

Well this is all a happy change from the days of the mad yank CEO...