12-07-2013, 01:24 PM
'ltinvest' pid='33318' datel Wrote:I must ask myself why Exxon or Shell would not come in and pounce on IOC right now. Hell, a low ball $100 offer could gain some traction. Knowing what Exxon has said about the IRR on trains #3 and beyond......AND everyones apparent excitement over this Elephant prosppect on top of E/A certified resource......why in the world would Exxon not come in and try to buy Interoil? I would!
I've believed (as have many others) for quite some time that it has been deep pockets of one of these SMs that has stealthfully financed the shorts in an attempt to give themselves an ability to slide in and take IOC for less than a fair price......Strategy could certainly be in place.