THE DEAL

[Thylacine-2]

[quote= I'm jaded...the best of the best explorationists have failures.... I want to secure long term revenue with E/A...not sell it for cash that potentially gets expensed as dry hole costs. [/quote]

I'm not in the least jaded.  And at my age have no time to waste.  I'd like to see IOC raise max cash and drill out the prospects at the highest posible rate!

[jft310]

THY-Thats what they need more money to drill more wells and find more assets. The stock price will take care of itself

[Palm]

So it's sized for 1.8 bcfd? Ok... Interesting. I doubt the pipeline is critical path... Timewise...but agree in single train this would save on capital. I assume first gas in q4 2016. I by no means have the cash flow pegged...a lot of unknowns. But I do not believe we are worth $300 ...that comes later with more discoveries. I'm looking at IOC being valued very similarly to OSH ... And once we get terms we will know more about 1p reserves base to help draw this analogy. Great thread...look forward to THE DEAL!

I'm not the expert on pipeline capacity; per the specs the pipeline is 34" diameter. Per Resourcearb's comments it will accommodate gas for 3 trains. Agree?

[ArtM72]

So it's sized for 1.8 bcfd? Ok... Interesting. I doubt the pipeline is critical path... Timewise...but agree in single train this would save on capital. I assume first gas in q4 2016. I by no means have the cash flow pegged...a lot of unknowns. But I do not believe we are worth $300 ...that comes later with more discoveries. I'm looking at IOC being valued very similarly to OSH ... And once we get terms we will know more about 1p reserves base to help draw this analogy. Great thread...look forward to THE DEAL!

I'm not the expert on pipeline capacity; per the specs the pipeline is 34" diameter. Per Resourcearb's comments it will accommodate gas for 3 trains. Agree?

I'm no expert but based upon normal maximum gas velocities I figured 4 trains, although an intermediate compressor station would likely be needed at the tee.