06-07-2013, 07:34 AM
'ltinvest' pid='23947' datel Wrote:I will be the first to admit the information I have learned is simply the tip of the iceberg and there are many details to be discovered. They seem to be consistent with some press reports. It's goes without saying I'm not an IB nor involved in negotations. But I do feel extremely good about what little I have learned. And, I thought it important to pass along. This deal has evolved quite a bit over the last 2-4 years. It continues to evolve. I know some of these details are "different" versus some of your expectations. However, I am confident those who really do know what is going on feel very good about the deal structure. I also sense IOC wold like to have ownership in the 3rd train. But Exxon has partners who have contributed significantly to the infrastructure in place. These negotiations are complex and involve multiple parties.
Understood and appreciated, Itinvest.