08-14-2013, 09:29 PM
Yesterday there was discussion of what can and cannot be said on conference calls.
On the recent Exxon conference call they said that the major terms of an agreement with Interoil were agreed to.
Yesterday, InterOil said no comment when asked anything relating to their discussions with Exxon.
Just pointing out that those who have said InterOil legally could not say a word on the subject may be wrong.
Exxon did.
Whether InterOil was told not to comment or thought they should not would appear to be a different matter.
They could have said exactly what Exxon had said and did not. Disappointing to me. Lots of market value lost and that may have been avoidable.