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+--- Thread: Far East Consortium (JKM) met with Oneill last week (/showthread.php?tid=461)
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- sltibbs - 03-05-2012
Getting the nod from Oneill is huge. I believe that if IOC partners with JKM everything else becomes a non-issue. The risk associated with IOC will simply fall away. Also, the fact that JKM are the end users means that modular will be used for earliest production. My guess/hope is post reef at T2 Oneill, Duma. Phil, and JKM representatives make a joint announcement of increased production plans meeting/exceeding all the terms of the NEC approved project agreement. My best guess, obviously the market currently disagrees with me. Time will tell.
- Palm - 03-05-2012
Croozer, today's remaining battle will be about that 56 level. 100 day MA is approx $55.75 and it seems when we close below 100 day MA we tend to take a bath. With WA presenting after market closes today I would hope we get a pop going into close anticipating something/anything. If we close below $56 as you say, that's not a good thing.
- TomCrooz - 03-06-2012
Going to make a wild call...59.50 at the close
- TomCrooz - 03-06-2012
Suri needs a new pair of shoes
- trans - 03-06-2012
Crooze, hope you're right, but if we don't get back to close higher today, good news tonite and higher volume on the upside tomorrow than today gives me a volume reversal buy signal. That's a good one too, and I'll take either one.......good luck
- trans - 03-06-2012
Whoops Crooze, I rechecked and there is two days volume down we have to overcome. So take that back about if tomorrow's volume beats todays volume and closes hgher tomorrow. Sorry gang.