Looks like the market doesn't think that this impasse will be sorted soon. But holding on as September isn't that far away. Well that's my feeling anyway. |
It's only part of his bonus, more to follow |
That is not a large enough award..... |
300k less oil per day from Rumaila whilst they deal with the fallout from the fire https://x.com/goldsheet/status/1883910980662358439?s=46 |
The board know what the shares are going to be worth.....soon. |
RNS.
Director / PDMR Shareholding
Gulf Keystone announces that it was informed on 24 January 2025 of the following transaction related to persons discharging managerial responsibilities ("PDMR").
Mr Jon Harris, Chief Executive Officer, was granted 80,771 common shares in the Company as part of the share element of his one-off retention award approved by shareholders at the 2024 Annual General Meeting. To satisfy the award, market purchases were made through the Company’s Employee Benefit Trust on 24 January 2025. Following the award, Mr Harris owns 110,771 common shares in the Company representing 0.05% of the issued share capital. |
Nicely poised under the rising channel. |
 Full article. Today, Monday (January 27, 2025), the representative of the Al-Fatah Alliance, Mukhtar Al-Moussawi, confirmed that there is a parliamentary consensus to pass the amendment to the budget law during the upcoming legislative sessions.Al-Moussawi told Baghdad Today that "there is a parliamentary agreement to pass the budget law during the upcoming sessions," noting that "there are political agreements as well as an agreement between Baghdad and Erbil on this amendment, and that the parliamentary finance committee's meetings are continuing to agree on the final amendment formula."He explained that "the House of Representatives supports any agreement between Baghdad and Erbil, and we do not want the House to be a reason for obstructing negotiations and solutions."On Thursday, January 23, 2025, the federal government denied what was announced by the spokesman for the Kurdistan Regional Government, regarding submitting a proposal that differs from the Council of Ministers' amendment to the financial budget law to the House of Representatives.Government spokesman Bassem Al-Awadi said in a statement received by Baghdad Today: "Based on the government's keenness on transparency and disclosure to citizens of the progress of its executive work, especially with regard to the budget issue, which is a fundamental pillar for implementing the obligations contained in the government program, we affirm the government's commitment to the amendments sent to the House of Representatives regarding the budget law, which takes into account the supreme national interest, and we stress that the government's representative in the House of Representatives stressed the necessity of not making any other amendments to the budget law that contradict the texts submitted by the Council of Ministers."He added, "At the same time, we deny what was stated in the statement of the spokesman for the Kurdistan Regional Government of Iraq, and we are surprised by what was stated in it regarding the claim that the representative of the federal government in the House of Representatives obstructed the amendment of the article related to the procedures for resuming oil exports from the region."Al-Awadi stressed "the importance of the Kurdistan Regional Government's commitment to the provisions of the Federal General Budget Law, including the delivery of financial revenues, whether oil or non-oil, to the federal government, in accordance with what is stipulated in the law and the decision of the Federal Court."He explained that "adherence to these procedures is a necessary step to resolve the problems related to this file and enhance cooperation between the two sides, and the federal government hopes that the House of Representatives will expedite the approval of the amendment in accordance with the text approved by the Council of Ministers, for the benefit of Iraq, all of Iraq."The spokesman for the Kurdistan Regional Government said in a statement earlier today that "after a series of meetings and persistent efforts aimed at amending the federal general budget law by the Council of Representatives with the aim of resuming the export of the region's oil, and after completing the first and second readings, unfortunately, the draft law was not approved in the agreed-upon form at the last minute."He pointed out that, "What increased our surprise was that the representative of the federal government in the House of Representatives submitted a different proposal to the Council unilaterally, without prior consultation with the Kurdistan Regional Government, and without presenting it to the Federal Council of Ministers for a vote, which contradicts the previous decision of the Council of Ministers regarding the approval of the draft law amendment for the purpose of resuming the export of oil from the Kurdistan Region."The Kurdistan Regional Government spokesman stressed that "such attempts only serve to harm Iraq, and contribute to deepening crises instead of finding effective solutions to them. Accordingly, we declare our complete rejection of these measures and proposals, and we emphasize the necessity of presenting the agreed-upon draft law and its approval by the Federal Council of Ministers and voting on it." |
https://x.com/john78846295/status/1883864801518178702 There are political agreements as well as an agreement between Baghdad & Erbil on this amendment, and that the parliamentary finance committee's meetings are continuing to agree on the final amendment formula." |
https://x.com/john78846295/status/1883864715543322986 Budget amendment vote coming soon....Representative of Al-Fatah Alliance: "there is parliamentary agreement to pass the budget law during upcoming sessions" |
Snooker loopy nuts are weMe and him and them and meWe'll show you what we can doWith a load of balls and a snooker cuePot the reds then screw it backFor the yellow, green, brown, blue, pink and blackSnooker loopy nuts are weWe're all snooker loopy |
I'm not sure even they know where they are upto.. It is like when you are in an argument with your wife and afterwards you don't have a clue what it was about. |
The most flagged takeover in market history.
#gkp #gkptakeover
CEO gets “stay bonus” paid this week.
Few hundred thousand shares = several million when takeover announcement comes.
Buyers needed to incentivise him strongly to stay 12 months post sale, as he will make many millions from his existing LTIP stock options. |
I'd give them the money myself! |
How has all your years of yapping turned out scotty snowflake?
None of your predictions or opinions have been proved correct in all the time you've been here.
And in that time you've posted up classics such as the pipe will only be closed for a couple of days. The pipe will open soon which you stated over 12 months ago. The budget is agreed and an oil law will follow soon. There will be no wipeout. The bond holders will be paid off. There won't be any need for billions of new shares and no consolidation. Kozel will never leave. The Yanks will bang heads. The Turks will force Baghdad to open the pipe as they control the water. Erbil will never concede and hand over their oil. Chevron, BP, Total, Xom, Shell are coming. And that's just a few of them!!
So before you post up tripe accusing others of yapping you really ought to remind yourself of all the garbage and BS you've posted in the past 12 years or so. Some of us have got our views and predictions correct much to the annoyance of you morons!! |
Thanks Kev.
We need to find an article saying they will all receive 1 million dinars if the vote gets passed.
Gla |
Fingers crossed Pitt. |
https://x.com/zoomnewskrd/status/1883844553616330865 The Kurdistan Regional Government (KRG) and the Iraqi Federal Government have agreed to amend the Federal Budget Law to allow the resumption of oil exports from the Kurdistan Region, halted since March 2023. According to Iraqi-Kurdish lawmaker Srwa Muhammed, the amendment requires the KRG to export its oil through the Iraqi State Organization for Marketing of Oil (SOMO), with revenues deposited into the Iraqi treasury. |
The most flagged takeover in market history.
#gkp #gkptakeover
CEO gets “stay bonus” paid this week.
Few hundred thousand shares = several million when takeover announcement comes.
Buyers needed to incentivise him strongly to stay 12 months post sale, as he will make many millions from his existing LTIP stock options. |
Yep sorry I just read the headline and assumed it was about the MPs. Stick for the MPs still in action then. Slow news day |
It's a proposal to get the public to vote in Government and Provincial elections such as the General election that's coming up later this year.
Instead of bribing people to vote the donkeys should be asking themselves why they are boycotting the elections in the first place. In the last provincial elections a month ago only 41% of the electorate turned out.
Rudaw digital.
A proposal to encourage voting; To exempt a million dinars from taxes.
A bill will be submitted to the Iraqi parliament to increase participation in elections, by exempting private sector employees from 10% of the tax owed, even if they are employees, six months of salary advance.
The bill is called "Election Encouragement" and has been signed by 10 MPs.
"We submitted the bill to the speaker of parliament and Speaker Mahmoud Mashdani agreed to send it to the legal committee," Amer Abdul Jabbar, a member of the Iraqi parliament who came up with the idea, told Rudaw.
According to the bill, any civilian and military employee who participates in the elections will receive a six-month salary advance. If the voter is not an employee, he or she will be given employment opportunities ahead of those who did not participate in the election.
"The aim of the bill is to encourage voters to participate in the elections as is done in some countries. The rate of boycott of the elections has increased and through the participation of as many voters as possible, true representation will be shown," he said.
The bill states that; If a person works in the private sector and participated in the vote, he will be exempt from 10% of the tax he is liable for, provided that the amount does not exceed one million dinars.
The last election held in Iraq was the provincial council elections on December 18, 2023, with a turnout of 41 percent. |
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