'ebster123' pid='36722' datel Wrote:Tree, not a snake just a realist. For many, the appreciation on pps since they bought would have done better with a dividend stock paying a 3% dividend over the past 4 years instead of holding IOC. I am still holding but the time value of money here stinks. That is a fact for most of us. I am not in at a cost average of $10. Maybe you are and if so you were lucky. I don't need a snake bite kit but I also don't need Koolaid, I want appreciation of my investment. I thought that was what we were all here for??
Fixating on IPI timing is futile. Appreciation will come. We've all had ample trading opps, some taken, some missed. We've always been a multi-year investment and thank GOD Hession inked TOT to a SPA and now we need the cooperation of IPI partners that will cooperate because it is in their best interest to cooperate.
Besides, we need some license renewals and for those we need a TOT deal inked, and IPI guys won't risk screwing up the licenses.
At low 50's IOC is vulnerable to takeover <90$ and that is the fact. Ya think RDS would get into a bidding war or they'd prefer to invest in the takeover victor's LNG project? No one needs IOC involvement in developing PRL15, 236, 236 or 238. The buzzards will be circling IOC until we drill, hit, re certify.