+- ShareholdersUnite Forums (http://shareholdersunite.com/mybb)
+-- Forum: Companies (http://shareholdersunite.com/mybb/forumdisplay.php?fid=1)
+--- Forum: InterOil Forum (http://shareholdersunite.com/mybb/forumdisplay.php?fid=4)
+--- Thread: Duma (/showthread.php?tid=444)
- admin - 02-29-2012
["it is in the interest of Interoil and ourselves so that we develop that project as soon as we can"]
Quote from the same RN interview recently, so right from the horse's mouth.
Which still leads me to think the essential characteristics of the Gulf project is not in danger. There might be different partners and/or added partners, but some fast track technology like modular and/or FLNG seems on.
In fact, modular seems likely as another objection of Duma was the scale of the project. If you scrap modular then I don't see how we could reach minimum capacity (7.9T) by FLNG alone, especially if the objective is to "develop that project as soon as we can."
Fast track technology is not only warranted to "develop that projects as soon as we can", but also to avoid having to re-inject the dry gas, of course.
I have yet to encounter a single credible argument against this reasoning. It's not so much about names, but about technologies used. The ones that don't have to be constructed on site have years of development advantage, so it's hard to see some form of modular and/or FLNG not being included in the project.
- ebster123 - 03-01-2012
There is no credible argument against any of this. The problem as I see it is IOC's historical track record of making deadlines and then missing them. They have not built trust in the investment community. With the bogus, but still, bad press put out by the shorts that is still enough to no only hold the pps steady but to cause a bit of a slow dip. This and the next few weeks might provide some time for shorts to cover. I hope it does not because I really to want to see each and everyone of them burn, and cause a big pop in pps. One thing is for sure, time will tell.
- jft310 - 03-01-2012
Duma is not an issue that's not it