01-29-2014, 12:29 PM
I guess the question at this point becomes, "Is it going to take InterOil another four years to negotiate a deal with the IPI?"
One would have thought the IPI issue would have been resolved before they announced the deal with Total; after all, they do own 25% of the E/A discoveries.
Instead, we get a somewhat giddy CEO tell us it will be wrapped up before year end, no wait, let's make it January just in case.
So once again, the cart is before the horse and investors are left wondering how and when this company will move forward.
Perhaps the deal is done and they have just not announced it. That seems a rather cruel trick.
At a minimum, Hession needs to update shareholders either through a press release or conference call.
You work for us Mr. Hession and we want to know what is going on.
One would have thought the IPI issue would have been resolved before they announced the deal with Total; after all, they do own 25% of the E/A discoveries.
Instead, we get a somewhat giddy CEO tell us it will be wrapped up before year end, no wait, let's make it January just in case.
So once again, the cart is before the horse and investors are left wondering how and when this company will move forward.
Perhaps the deal is done and they have just not announced it. That seems a rather cruel trick.
At a minimum, Hession needs to update shareholders either through a press release or conference call.
You work for us Mr. Hession and we want to know what is going on.