03-19-2013, 10:53 PM
Bonk is an authority on making a case any case, that's true.
That said, is there merit in a biased layman (likely paid) arguing against what 3rd party resource engineers and geologists and apparently those on staff of 5-6 pre-approved bidding entities agree is underground? (at least a couple are Super Majors - skeptical by nature)
Besides, what is offered is 4 TCF gas, enough for a 3.8 Mtpa plant. Has anyone argued, while sober, that 4 T's do not exist today??
Pontificating on the unknown is absurd.
2 things are truly valueless. One is any layman calling the resource into doubt with no industry expertise and knowledge of data room fact and the other is layman ragging on management for their handling of negotiations of E/A sale, how it should be timed and announced when they have no industry experience and access to the internal and international dynamics in play that need attention and management.
The salvation is, 5-6 SMs, NOC's and Utilities have enough faith in the resource to bid. Management/BOD/IBs will determine when and how in the very near term to announce our new partner.
Regardless of what all us layman say. Our role is to 'keep it real', track the happenings assign risks and personally decide when to trade in or trade out of the stock to maximize our IR.
That said, is there merit in a biased layman (likely paid) arguing against what 3rd party resource engineers and geologists and apparently those on staff of 5-6 pre-approved bidding entities agree is underground? (at least a couple are Super Majors - skeptical by nature)
Besides, what is offered is 4 TCF gas, enough for a 3.8 Mtpa plant. Has anyone argued, while sober, that 4 T's do not exist today??
Pontificating on the unknown is absurd.
2 things are truly valueless. One is any layman calling the resource into doubt with no industry expertise and knowledge of data room fact and the other is layman ragging on management for their handling of negotiations of E/A sale, how it should be timed and announced when they have no industry experience and access to the internal and international dynamics in play that need attention and management.
The salvation is, 5-6 SMs, NOC's and Utilities have enough faith in the resource to bid. Management/BOD/IBs will determine when and how in the very near term to announce our new partner.
Regardless of what all us layman say. Our role is to 'keep it real', track the happenings assign risks and personally decide when to trade in or trade out of the stock to maximize our IR.