With the price of LNG over $12 what do you all beleive their sell down will be priced at? I am hoping for at least $1.50 any ideas out there about IOC that are real and true?

Thank you both for your reply.  Makes me feel better asking here than YAHOO MB because they have way too many paid shorts to hammer this stock.  Not sure why it is even trading here.  With several bids in you would think this would be back up to 90-95.  Thank you both...

'admin' pid='18300' datel Wrote:Well actually the LNG price is more like $20 in Asia, but that is the spot price. We had a poll in the InterOil forum some time ago what people thought would be the sell down marker. If my memory doesn't fail me I think I entered between $1 and $1.5. I might be a bit conservative as there were quite a few who converged more on $2/mcf.

'admin' pid='18300' datel Wrote:Well actually the LNG price is more like $20 in Asia, but that is the spot price. We had a poll in the InterOil forum some time ago what people thought would be the sell down marker. If my memory doesn't fail me I think I entered between $1 and $1.5. I might be a bit conservative as there were quite a few who converged more on $2/mcf.

Sorry for the delay in posting this reply, I have been away for a few days.

I see the PRE deal put the price at abot $2.80 which is HUGE!  Their stake of what they have paid and what they will obtain, comes out to $2.80 if my math is correct.

'stevejackson' pid='19955' datel Wrote:

'admin' pid='18300' datel Wrote:Well actually the LNG price is more like $20 in Asia, but that is the spot price. We had a poll in the InterOil forum some time ago what people thought would be the sell down marker. If my memory doesn't fail me I think I entered between $1 and $1.5. I might be a bit conservative as there were quite a few who converged more on $2/mcf.

Sorry for the delay in posting this reply, I have been away for a few days.

I see the PRE deal put the price at abot $2.80 which is HUGE!  Their stake of what they have paid and what they will obtain, comes out to $2.80 if my math is correct.

Sounds good... now if we could find a pipeline intersection we could give it a Hub Price.  Say, $2.80 plus 15% delivery charge.

But what to call the intersection of the gas piplines?

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'Tusker' pid='19959' datel Wrote:

Sounds good... now if we could find a pipeline intersection we could give it a Hub Price.  Say, $2.80 plus 15% delivery charge.

But what to call the intersection of the gas piplines?

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LOL, Tusker