'jft310' pid='35577' datel Wrote:Art-page 2 of 9 on the Westlake report posted in another area of this website shows the transaction costs . They model all
the minority interest will be bought out. Using cash/stock . Their model shows all cash payments to IPI. They show payments
with dates along the way for this buyout. Under all situations IOC
retains a 30 percent interest in e/a and a 30 percent interest in the LNG plant after the govt buyin . Or similar to what OSH did
with Exxon. The higher the recertification number the higher the payment to the minority interest.
Pavels estimates can be computed with a 40 percent payment to the minority interest at closing. Other payments paid out as
Interoil receives them from Total.
There will be no big stock issuance to buy out the minority partners .
Find this report under important threads . Analysts reports . Go to page 3 bottom grouping under Admin poster . Report dated
Dec 13th posted on Dec 16th.Yes you must sign in its protected.
JFT - That doesn't answer the question.