Saturday Early Afternoon Opinions @ 2:34 PM CDT - 9/30/2023

[ronscarpa]

REMEMBER, no one really  knows what will happen, or when.  They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ...  RON 

 

 

MarkZ  The Hydo Carbon Law...Its where they share money, profits, revenues from oil-natural gas etc…with the citizens of Iraq including the Kurdish region. We have been told for many years this is a key piece. And Very soon after the HCL was implemented we were told that we would see the dinar value changes.

 

Kaperoni ...In order for Iraq to go international they'll have to be IMF Article VIII compliant. They're not close with a current market rate of 1152 which is over 18% from the official rate. Well out of compliance.

 

Nader From The Mid East  About the HCL - We received some payments...I checked my bank over there.  I received some money.  It's good news. It's great. So the HCL started paying. This time we got some money. Next time a little less but it's going to be month to month and it's going to depend on if oil is going up or down...hang in there.  It's happening.

 

Frank26  What about the HCL?  It's ready. Why isn't it out?  It's waiting for the new exchange rate.
 

 

[BETTYBOOP]

1152 ???  since when was this the market rate ?

[rvmydinar]

3 hours ago, ronscarpa said:

REMEMBER, no one really  knows what will happen, or when.  They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ...  RON 

 

 

MarkZ  The Hydo Carbon Law...Its where they share money, profits, revenues from oil-natural gas etc…with the citizens of Iraq including the Kurdish region. We have been told for many years this is a key piece. And Very soon after the HCL was implemented we were told that we would see the dinar value changes.

 

Kaperoni ...In order for Iraq to go international they'll have to be IMF Article VIII compliant. They're not close with a current market rate of 1152 which is over 18% from the official rate. Well out of compliance.

 

Nader From The Mid East  About the HCL - We received some payments...I checked my bank over there.  I received some money.  It's good news. It's great. So the HCL started paying. This time we got some money. Next time a little less but it's going to be month to month and it's going to depend on if oil is going up or down...hang in there.  It's happening.

 

Frank26  What about the HCL?  It's ready. Why isn't it out?  It's waiting for the new exchange rate.