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A bit of clarity - Printable Version

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RE: A bit of clarity - jft310 - 01-31-2014

Palm- You make great points as to the written filings. I am but the messenger of whats said understand.
One more point I was told to read the Australian Financial Review article closely to understand whats going on.
I have no further color on Oil Search .


RE: A bit of clarity - jft310 - 01-31-2014

Tree- I tried philstar.com but it was not functional. DrMike.com had an immediate response.
Must be the new go to link for info. FWIW...


RE: A bit of clarity - Palm - 01-31-2014

JFT, understand that you dig a lot and provide very valuable info and "what-if's", but people who want to look at reality should look at filed agreements. The dates in the SPA allow for what the parties feel are reasonable targets given what they know (which is a chitload more than any of us peons here), and their discussions with the government. My calendar is set first on June 6, 2014, then any date they extend beyond there, then Dec 6, 2014. Anything officially announced, filed, etc before then is bonus. They can spud, drill etc and need to up to and through closing, but I think people should look at the June 6/Dec 6 dates as markers for closing. The "1Q14" is a goal they have to show good faith in moving ahead with each other and the government. They all understand that, and we should too.


RE: A bit of clarity - jft310 - 01-31-2014

Goes back to my WE are stronger together..