08-01-2013, 04:12 AM
No problem with that at all, Option. Each has his/her own expectations and strategies, it's what makes a market.
What I say above very much depends on deal details, but I have a feeling these will be satisfactory. IOC isn't as wildly undervalued as say NQ was half a year ago, but if the deal metrics don't disappoint substantially, I'm pretty sure there is considerable upside. And there are other things that could happen, especially once we have multiple rigs drilling. Perhaps we get our own plant, etc..
What I say above very much depends on deal details, but I have a feeling these will be satisfactory. IOC isn't as wildly undervalued as say NQ was half a year ago, but if the deal metrics don't disappoint substantially, I'm pretty sure there is considerable upside. And there are other things that could happen, especially once we have multiple rigs drilling. Perhaps we get our own plant, etc..