11-15-2012, 01:35 PM
'Stavros' pid='12501' datel Wrote:To my humble opinion, IOC must do all of the following in the CC: 1. Announce that they have NEC Approval for their application to ammend the 2009 Project Agreement 2. Give details of the NEC approval 3. Announce who all the Sell Down bidders are 4. Reveal the current highest bid price submitted by the bidders 5. Inform the absolute latest date that a Sell Down will be consumated 6. Inform as to what role EWC will play 7. Inform as to what will be included in the much-touted FID that will come immediately after NEC Approval/ Sell Down If they don't do all of the above then we will see a share price below 45 by Friday afternoon because silence infers what the answers are (even if the inference is dead wrong). If that's not what you want to see, then do whatever it takes to contact IOC Management before the CC and implore them to do the needful.
I would be quite happy if Items #1 & #2 were completed and announced tomorrow !!! IMHO, PNG gov't is the holdup right now. Things will move quickly once the "log-jam" is broken!