(07-29-2014, 01:49 AM)Libtardius Maximus Wrote: When had IOC ever stated the date for the arb? Can someone point out to me where IOC is quoted? All the information about this topic is coming from OSH.
Not sure where, Lib, but we've seen the approximate arb dates before.
I agree this is more of the same. The fact they are noted to be working together in three critical areas requiring immediate progress is a plus in my mind. I'll also reiterate I believe it to be accurate that OSH has to give IOC the same deal as Total in order to acquire Total's shares. That means the WHOLE deal, including ownership. I don't recall if that means ownership in a second site or if that condition could be satisfied in ownership of individual units at PNG LNG. How either could be considered negative or anything other than fully equivalent is well beyond my scope of understanding.