Why does OSH want to delay Certification?

[Stavros]

I can think of one and only one reason:

Peter Botten Tail is convinced that the Certification will come in measurably ABOVE 8 Tcfe.

Probably over 10 Tcfe (Petrengr1 will be proven correct

OSH does not have the CA$H to pay IPI now . . . ZILCH

By delaying, Botten will have TOTAL's money from the Rape and Plunder of IOC, plus he'll have 9+ months of CA$H flow from PNG LNG and from selling Crude at $50 per barrel.

Will Carlo Civelli agree to a Certification delay?

I think he should say "Hells Bells NO . . . unless you sweeten the Rotten Raw Deal so that I get more for my 2+ million shares of IOC."

[ArtM72]

Consistent with the facts I believe as we know them. Botten didn't see there would be an issue even as he low-balled his original estimate. He was generating substantial cash flows. He was one of many who didn't see the bottom falling out of the oil market even as he understood the likely much higher certification numbers.