Sam, your point is very valid. Anyone who says they aren't digging for answers as to the timing of his announced retirement is not being truthful. I know Wayne's line and email box are buzzing and we are all trying to put logic to it. In the end we have to take what has been said and assume most of that has been reported properly, then try and figure out what's been left unsaid. Facts are that he is retiring today and he likely would not be doing that without finality being very close as far as "closing" a deal; his words as Tree states above are, "the transaction is closed". We've been told that this has been "part of the process"; we can debate the hows and whys of that, but it's been publicly stated that this has been part of the process, and that bidders have been informed of it. So this is a pivotal point in IOC's history. IOC knows they need an experienced LNG guy at the helm, whether that be someone from inside, or someone coming in with some industry clout. Phil has stated that whoever it is needs to be in prior to "closing" and that is understandable to me. They need someone in that chair when the photo op happens; the new face of IOC, and that person needs to have a stake and incentive for getting things done. Since they have been interviewing, this announcement can come as soon as tomorrow, but also could be in the next couple of weeks leading up to the earnings announcement. But when he is announced, it could be our cue that the photo op is at hand. Everyone knows the various deadlines that are out there. Those who are short and saying it will be months are some of our best friends right now; it will make the pop even better.
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I'm expecting some kind of a news announcement this morning,
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