12-27-2012, 08:37 AM
"I concurr that whatever is happening in IOC land is not going smoothly."
-----Respectfully Bert, how do you know that information?
"No word on the deal with the govt that was to be wrapped up nov 30."
------O'Neill NEVER said deal wrapped up Nov 30th. Ministerial committee was to report back to him by Nov 30th.
"I think the BOD meeting in PNG talk and the other un verified attempts at mollifying the shareholders are becoming weaker all the time"
-----weaker by who? Are you blaming the company for message board speculation?
"I also take issue witgh the idea that bidders might now wait till the new glj numbers in march. If thats true is a very negative outcome. I doubt it is true."
------again, are you responding to message board speculation?
"I must begin to wonder at this point if that bid on the table in may has now evaporated. The continuous selling is a harbinger that we are in the mist of some type of stalemate...IMO."
------so, when IOC went up $10 in a week, was that a harbinger of tremendous progress in negotiations? If pps increases going forward, is that a sign negotiations are going well?
"The time has come for a deal, not talk of BOD meetings and SM's with cash....of course SM's have cash...so what. Lets get a deal."
------We all agree. But you are talking to two different groups of people. One is a group of message board speculators and the other is the company. I'm quite confident the company (and major institutional shareholders) want a deal done. The right deal.
-----Respectfully Bert, how do you know that information?
"No word on the deal with the govt that was to be wrapped up nov 30."
------O'Neill NEVER said deal wrapped up Nov 30th. Ministerial committee was to report back to him by Nov 30th.
"I think the BOD meeting in PNG talk and the other un verified attempts at mollifying the shareholders are becoming weaker all the time"
-----weaker by who? Are you blaming the company for message board speculation?
"I also take issue witgh the idea that bidders might now wait till the new glj numbers in march. If thats true is a very negative outcome. I doubt it is true."
------again, are you responding to message board speculation?
"I must begin to wonder at this point if that bid on the table in may has now evaporated. The continuous selling is a harbinger that we are in the mist of some type of stalemate...IMO."
------so, when IOC went up $10 in a week, was that a harbinger of tremendous progress in negotiations? If pps increases going forward, is that a sign negotiations are going well?
"The time has come for a deal, not talk of BOD meetings and SM's with cash....of course SM's have cash...so what. Lets get a deal."
------We all agree. But you are talking to two different groups of people. One is a group of message board speculators and the other is the company. I'm quite confident the company (and major institutional shareholders) want a deal done. The right deal.