OTCPK:GNOLF - Post by User
Post by
UpPeriscopeon Jan 06, 2020 4:47pm
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Post# 30523614
Davey-hats off to you, the most indefatigable bullchitist
Davey-hats off to you, the most indefatigable bullchitistever to disgrace the position of CEO. 7/18/19 Stock Day Podcast:
"Jolly then asked about the Company's $50 billion upgrading project in Saudi Arabia. Lifschultz shared that the upgrade will likely include drilling and the building of their pipelines and could come to fruition in the near future. He thinks it will be linked to the coming IPO of the two trillion-dollar Aramco."
CNN Business 1/6/20
"Saudi Aramco shares have slumped to their lowest level since the state oil giant's record-breaking stock market debut, as investors brace for potential Iranian retaliation over last week's killing of the country's most powerful general in a US airstrike. The stock has dropped roughly 2% since the killing of Quds Force commander Qasem Soleimani, reflecting concerns that Iran could respond to the attack by targeting the oil infrastructure of Saudi Arabia, a key American ally in the region. Shares have dipped despite a surge in crude oil prices of as much as 6% since Thursday to near $70, which should help boost earnings at the world's most valuable company. Saudi Aramco shares have been trending lower since the days after the company pulled off the biggest IPO in history in December. The stock's total decline since peaking on December 16 — a week after trading began — briefly topped 10% on Monday, wiping more than $200 billion off the company's market value."
"The 50 Bn dollar LOI sitting on the desk of MBS."