12-14-2014, 11:24 PM
More important is yes there are risks today but there were a heck of a lot more risks when IOC was trading at $106 . That was the purpose of this post .
Further it's clear there is a misunderstanding amongst some market participants about the Total Interoil deal and the legalese language is confusing to them .
We are in the best shape of the companies history .
The risks are Ant 4 and 5 long delays .
Assume the worst the GCA estimate stands At 7.1 T's and GLJ stands at 9.1 T's that's an average of 8.1 T's . More than enough to build a 2 train LNG which is why Total signed the deals they did .
Total must pay off p-50 numbers !!! Who thinks Ant 4 and 5 will not prove out something ??
A 2 train LNG plant with 30 percent interest the size originaly proposed yields $1.6 billion in cash flow to a interoil yielding a $10 billion market cap at minimum. Thus the Credit Suisse $200-300 price objective at plant open . See the report.
All the math for their price objective is in their report .
Those reports are not legalese but do need to be read .
It's easier to read yahoo and see their nonsense that's true . Real due diligence requires printing out the reports and reading them . Digging through the SPA's language eliminates many of the risks David detailed . He is not alone . Like Antelope is not alone .
The fact Antelope is not alone will not go unnoticed by the market in 2015 ..
A bit of tax loss selling occurring now and plenty of misunderstood of material information .
Further it's clear there is a misunderstanding amongst some market participants about the Total Interoil deal and the legalese language is confusing to them .
We are in the best shape of the companies history .
The risks are Ant 4 and 5 long delays .
Assume the worst the GCA estimate stands At 7.1 T's and GLJ stands at 9.1 T's that's an average of 8.1 T's . More than enough to build a 2 train LNG which is why Total signed the deals they did .
Total must pay off p-50 numbers !!! Who thinks Ant 4 and 5 will not prove out something ??
A 2 train LNG plant with 30 percent interest the size originaly proposed yields $1.6 billion in cash flow to a interoil yielding a $10 billion market cap at minimum. Thus the Credit Suisse $200-300 price objective at plant open . See the report.
All the math for their price objective is in their report .
Those reports are not legalese but do need to be read .
It's easier to read yahoo and see their nonsense that's true . Real due diligence requires printing out the reports and reading them . Digging through the SPA's language eliminates many of the risks David detailed . He is not alone . Like Antelope is not alone .
The fact Antelope is not alone will not go unnoticed by the market in 2015 ..
A bit of tax loss selling occurring now and plenty of misunderstood of material information .