Comments on: Raymond James on InterOil December 1 http://shareholdersunite.com/2009/12/01/raymond-james-interoil-16/?utm_source=rss&utm_medium=rss&utm_campaign=raymond-james-interoil-16 Opportunities in smallcaps Thu, 02 Feb 2012 15:18:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: admin http://shareholdersunite.com/2009/12/01/raymond-james-interoil-16/comment-page-1/#comment-20427 admin Tue, 01 Dec 2009 19:24:02 +0000 http://shareholdersunite.com/?p=1583#comment-20427 Yes, it's a little curious, Darcy. That methodology of valuating against 'proven' (that is, P1) official reserve figures is bound to be behind the curve, especially with this company. And with the new data, we wouldn't be surpriced to see resource estimates in double digits next year. Yes, it’s a little curious, Darcy. That methodology of valuating against ‘proven’ (that is, P1) official reserve figures is bound to be behind the curve, especially with this company.

And with the new data, we wouldn’t be surpriced to see resource estimates in double digits next year.

]]> By: Darcy Patten http://shareholdersunite.com/2009/12/01/raymond-james-interoil-16/comment-page-1/#comment-20425 Darcy Patten Tue, 01 Dec 2009 19:16:57 +0000 http://shareholdersunite.com/?p=1583#comment-20425 I love the above quote: "we readily acknowledge that our downgrade on September 21 (at a share price of $41.69) turned out to be premature." But then they go on to say we maintain our market perform??!! Given the pricing model that they use about existing resources, they are going to be trailing the pack again next year when IOC drills Ant 3 and 4. What are the chances that these wells are dry holes, non-existant? So a year from now IOC will have 15+ T's and they will still be pricing at 10. That last sentence was mindless pumping, but after today I think all longs have that right, at least for the day. I am very glad I am not an RJ client, how embarrassing for the company. I love the above quote: “we readily acknowledge that our downgrade on September 21 (at a share price of $41.69) turned out to be premature.”

But then they go on to say we maintain our market perform??!! Given the pricing model that they use about existing resources, they are going to be trailing the pack again next year when IOC drills Ant 3 and 4. What are the chances that these wells are dry holes, non-existant? So a year from now IOC will have 15+ T’s and they will still be pricing at 10. That last sentence was mindless pumping, but after today I think all longs have that right, at least for the day.

I am very glad I am not an RJ client, how embarrassing for the company.

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