+- 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: Third Quarter in the books (/showthread.php?tid=9163)
Third Quarter in the books - Gator - 10-01-2015
With the third quarter now complete, InterOil stock has dropped an astonishing 44% this quarter. That's a drop of $1.3 Billion in shareholder value over the past 13 weeks. The old saying is "time is money". That has never been more clear with the second delay to certification. Football games have 4 quarters (except for Tennessee fans) , let's hope the fourth quarter brings a huge comeback in the share price and gets InterOil back up.
RE: Third Quarter in the books - Putncalls - 10-01-2015
I still don't think they justified the need for A6 before certification.
RE: Third Quarter in the books - jft310 - 10-01-2015
Ant 6 was optional not required . The only possible winner of Ant 6 would be Interoil if more dolomite was found . With money tight not hard to imagine Ant 6 drilled after certification. Total must have a good handle on the check size and most probably is in no hurry to write the check . Oil Search has a large check to write also no hurry .
But If they are proceeding as quickly as possible then delaying Ant 6 and calling for certification makes sense . Hession stated at least 10'T 's last week that's enough . Either way Ant 6 or not we should wait till Ant 4 is complete plus testing time before certification call .
RE: Third Quarter in the books - Palm - 10-01-2015
Will be mighty tough for MH to be able to exercise those options based on the incentive plan; would think the peer comparison is looking pretty bad. Might be better for him to buy shares on the open market. Oh yeah, except..............
RE: Third Quarter in the books - jft310 - 10-01-2015
But he has 2 years for comparison purposes . And he has a large checking coming from Total for Interoil next year which none of his competitors have which should add substantial value . Might even get the FID check in the 2 year window . Might!! But the certification check Improves the comparisons . Looking back other Interoil execs bought in the market and exercised options .
RE: Third Quarter in the books - Palm - 10-01-2015
Check is in the mail and "should"a coulda woulda is pie in the sky right now. He'll have a lot of ground to make up.
RE: Third Quarter in the books - jft310 - 10-01-2015
Palm 100 percent agree! And not just him But all of them . The top dogs . Per my contact they have asked multiple times . Maybe ?!!? They can ask for permission but they can't say the drilling policy prevents it if there's no drilling .