ExxonMobil's offer for InterOil a model for buying at the bottom

[Palm]

Fair enough, but 2013 was also a time when oil prices and LNG prices were high and there was room for a little more fat on those pigs. "Pig" prices are way down and "farmers" now must make due with fewer pigs; smaller herds. Make the most money with the one prized pig today and expand the herd tomorrow if and when more "feed" is discovered. Mr Banker will more likely finance a streamlined and more efficient farm and PNG needs all the help it can get as far as financing.

[katytrader]

Fair enough, but 2013 was also a time when oil prices and LNG prices were high and there was room for a little more fat on those pigs. "Pig" prices are way down and "farmers" now must make due with fewer pigs; smaller herds. Make the most money with the one prized pig today and expand the herd tomorrow if and when more "feed" is discovered. Mr Banker will more likely finance a streamlined and more efficient farm and PNG needs all the help it can get as far as financing.

You impute more rationality to the pig bleeders than I do....lol