09-09-2015, 06:11 AM
The certification payment from Total pays for its 40/31% in PRL 15; it gets it zero ownership interest in InterOil and its various ownership interests. I doubt anyone here knows what is "in Total's mind".
I think the dollar investment/risk may be a more important threshold than the percentage, such as 40%.
I think whether a merger with OSH would be good for IOC shareholders depends on the terms, and I think IOC's much greater prospective resources would reduce the probability of its getting full value and being beneficial for shareholders in the long term.
I think the dollar investment/risk may be a more important threshold than the percentage, such as 40%.
I think whether a merger with OSH would be good for IOC shareholders depends on the terms, and I think IOC's much greater prospective resources would reduce the probability of its getting full value and being beneficial for shareholders in the long term.