12-30-2013, 12:19 AM
The article by "Keubiko" is really nothing more than a short "pump piece". Nothing new in it and it relies on maximum worst case conjecture. An opposite article written by a long would be called a "pump piece" by shorts. To say things like there is talk, etc of an IPI investor putting up a fuss is meaningless without supporting info; I can just as easily say (and I will) that that IPI investor has now been satisfied through some very creative means within the last couple of days per a source. What is either of our statements worth without valid publicly available support? Nada. Neither can be relied on until the matter is made public.
Other statements like "EA" is what Total is buying into are incorrect. It's all of PRL15, which in other places he mentions, but it's an important distinction as the Final Certification Payment (which isn't mentioned) is also part of the equation.
IMO this piece is as much about poking at longs as an irritation as anything. Really nothing new or very substantive in it.
It is interesting that there is now this call to "take SHU private", as that was my original proposal when I suggested a new forum. However some of those now supporting the idea were some of the ones most staunchly against it back then. Maybe a lesson learned but likely too late. What matters now is execution of the plan by IOC. Maybe we should just let it happen.
Other statements like "EA" is what Total is buying into are incorrect. It's all of PRL15, which in other places he mentions, but it's an important distinction as the Final Certification Payment (which isn't mentioned) is also part of the equation.
IMO this piece is as much about poking at longs as an irritation as anything. Really nothing new or very substantive in it.
It is interesting that there is now this call to "take SHU private", as that was my original proposal when I suggested a new forum. However some of those now supporting the idea were some of the ones most staunchly against it back then. Maybe a lesson learned but likely too late. What matters now is execution of the plan by IOC. Maybe we should just let it happen.