9-21-2012 Desertdog: Saleh made the announcement on the 15th explaining that the replacement currency had to be printed first before they would announce another RV date. Japan signed an agreement with Iraq to build a 400 million dollar power plant to start in September but has put it on hold until the RV happens so they can get paid in the new dinar.
I don't think we are looking at the first of the year. I think before then. He said in maybe 2 to 3 weeks. The printing has started already. In my opinion and what I am hearing, the RV can be done right after the currency is reprinted. It was supposed to RV Sept 1 but was held up due to the Kurds.
When it RV's, it will be tradeable right away. Just stay calm and hang in there everyone. We are headed in the right direction.
9-21-2012 Chattels: "The KRG and GOI have been at odds over the details of the HCL for years. But now there are new hopes that the conflicting factions might be close to an agreement that would result in a carbohydrate law.
A recent non-finalized deal between the Kurdish and Iraqi governments, along with a meeting between Maliki and parliament speaker Osama Nujaifi over the oil law, have rekindled hopes that a resolution might be in sight. The deal between the KRG and GOI includes a provision that Baghdad will pay around $2 billion to foreign oil firms operating in Kurdistan as the cost of their operations.
Maliki and Nujaifi have reached an agreement to accept the 2007 draft law on oil and gas which will be satisfying to the Iraqiya List and the Kurdistan Region as well."
Read more http://www.rudaw.net/english/kurds/5218.html
...
I don't think we are looking at the first of the year. I think before then. He said in maybe 2 to 3 weeks. The printing has started already. In my opinion and what I am hearing, the RV can be done right after the currency is reprinted. It was supposed to RV Sept 1 but was held up due to the Kurds.
When it RV's, it will be tradeable right away. Just stay calm and hang in there everyone. We are headed in the right direction.
9-21-2012 Chattels: "The KRG and GOI have been at odds over the details of the HCL for years. But now there are new hopes that the conflicting factions might be close to an agreement that would result in a carbohydrate law.
A recent non-finalized deal between the Kurdish and Iraqi governments, along with a meeting between Maliki and parliament speaker Osama Nujaifi over the oil law, have rekindled hopes that a resolution might be in sight. The deal between the KRG and GOI includes a provision that Baghdad will pay around $2 billion to foreign oil firms operating in Kurdistan as the cost of their operations.
Maliki and Nujaifi have reached an agreement to accept the 2007 draft law on oil and gas which will be satisfying to the Iraqiya List and the Kurdistan Region as well."
Read more http://www.rudaw.net/english/kurds/5218.html
...
