Thread: "RollsRoyce Tidbits - May 20th!"

Originally Posted by Dinar Cha Ching

Two thumbs up to you RR. I always enjoy your posts.

What he said!

Thanks, RR. Glad you're back and posting again (although I know you've been back for a while). This post also lets us know what they are expecting in-country and that it's not just our own hopes that's coloring our expectations.

Nothing can happen, until all of the debts are negotiated!!!!!!!!!!!

No frosting on this cake! Just the facts.............................

Originally Posted by goldraker

Nothing can happen, until all of the debts are negotiated!!!!!!!!!!!

No frosting on this cake! Just the facts.............................

According to my sources . . . this has been a back-n-forth, ongoing deal . . . with both sides trying to make the best deal they can for themselves . . . these guys are quite good @ making deals . . . no matter what their dealing with . . . [ kind'a like playing hi-stakes poker ] . . .

I'm sure @ somepoint they will realize the time is over for backing each other into a corner . . . and then it COULD come down to a phone conversation . . .

No reason that this can not also happen before the end of this month . . . [ speculation . . . I know, but we're all apparently in the speculation business ] . . .

Best to all . . . RR . . .

Well true, however the last I heard. SA is wanting certain things. Mainly they are looking out for their Sunny brothers! So basicly, politics is what is holding us up! Until debts are settled from my understanding. Iraq will not be aloud on the world market! This is our main problem, debt settlement.

Saudi Arabia, one of Iraq's biggest creditors, has withheld relief amid concerns about the growing influence of Shiite Iran in Iraq.

Once the Oil Laws are passed and National Reconciliation has made progress I believe they will be more likely to forgive most, if not all of Iraq's debts to them. Perhaps Kuwait & Russia would soon follow. JMO


lewscrew

Thanks RR for passing on this information.

Originally Posted by RollsRoyce

With Indy still in Paris quick communications have been difficult . . . however, the following is a composite of a few discussions . . .

1000 Fils to the Dinar . . .

Her Uncle Joe reports the following after several conversations with friends in the KRG . . .

He thinks that they WILL have their bundle of laws ready by the end of this month . . . [my thought], despite all foggy / misty / & confusing news articles . . . They may not be in the most perfect form / as many of our own laws . . . but can be added too / & corrected later . . .

His reasoning follows our's exactly . . . Many calls from GWB / visits from Condi, & the final straw being the visit from the administration terminator, [Cheney] . . .

None / of any / of their laws / are gonna be worth the paper they're written on if we leave . . .

His opinion is that the law bundle will trigger / trip the Reval . . . all I can say about that is . . . he's been wrong so many times so far that I'm not sure enough to make any type of grand announcement . . .

His rate . . . = .98 Euro = approx. $1.2? - $1.3? . . . again please take it for what it's worth . . . 3rd hand info . . .

Best to all . . . RR . . .

Thanks for the info. With due respect to you, there is very little hope that the laws will be passed until at least Sep or Oct never mind the end of this month. That would be the height of optimism. Seeing that you are in touch with the Kurds, I'm sure you are aware that the Kurds are still in negotiations in Baghdad this week trying to renegotiate the details of the law especially the distribution of oil revenues. No way would any law be passed by end of this month.

hmmmmm oil summit end of this month .....seems to me you would need a complete law to hold such a gem.......

Originally Posted by JudasPriest

Thanks for the info. With due respect to you, there is very little hope that the laws will be passed until at least Sep or Oct never mind the end of this month. That would be the height of optimism. Seeing that you are in touch with the Kurds, I'm sure you are aware that the Kurds are still in negotiations in Baghdad this week trying to renegotiate the details of the law especially the distribution of oil revenues. No way would any law be passed by end of this month.

Wow, you're just running the gambit here aren't you? No one here needs you destructive opinions. That is all you have done since you've come into this forum. Will you let it go before you find yourself on the outside looking in.