10-02-2012, 02:39 AM
TxPm and ebster123,
Based on a sample of you two being at essentially opposite ends of the spectrum, I'd say it makes no difference about the firm establishment of resource numbers.
Sophisticated buyers would be making judgements based on incomplete knowledge rather than anything approximating certainty -- as usual in such situations.
In addition, what would be bought would be the FUTURE prospects, which are only subject to guesses.
The spectre of a takeover will always be present.
Given the cast of characters, it is unlikely there could be much of an agreement on price for a friendly takeover and the possibility of an unfriendly takeover is only in dreams.
The IOC boys are simply having too much fun making progress -- and after the FIRST REAL PNG APPROVAL it will be a lot more fun for them. The snowball will have gained downhill momentum and there willl be no stopping it.
Peter O'Neill's PNG government and InterOil will be married at the hip for years of mutual benefit.
VS
Based on a sample of you two being at essentially opposite ends of the spectrum, I'd say it makes no difference about the firm establishment of resource numbers.
Sophisticated buyers would be making judgements based on incomplete knowledge rather than anything approximating certainty -- as usual in such situations.
In addition, what would be bought would be the FUTURE prospects, which are only subject to guesses.
The spectre of a takeover will always be present.
Given the cast of characters, it is unlikely there could be much of an agreement on price for a friendly takeover and the possibility of an unfriendly takeover is only in dreams.
The IOC boys are simply having too much fun making progress -- and after the FIRST REAL PNG APPROVAL it will be a lot more fun for them. The snowball will have gained downhill momentum and there willl be no stopping it.
Peter O'Neill's PNG government and InterOil will be married at the hip for years of mutual benefit.
VS