'jft310' pid='63439' datel Wrote:Per the analyst reports the problem with Interoil's stock price is lack of certainty . They go on to say the question Is how many T's and when for the check arrival . If Oil Search has it right and they are a partner in Papua LNG thus should have it right what happens to the stock price with payment received 2nd quarter 2016.
If 10 T's plus is the best estimate of PET and Hession then that's $2 Billion for us or $40 cash per Interoil share . Where would the stock trade with an additional $40 per share in cash and certainty of enough gas for a 2 train LNG plant . ???????
Curious to know what others think and why . Then I will provide my guess.
Curious to know why you would provide OilSearch timeline but not OilSearch reserve expectations. Since they are a "partner" and "should have it right".
Reality is we don't know what the results will show. I would stick with what management has told us, in showing enough for two trains. I assume at 3.5 mbta each.
Everything else is just optimistic outlook in which we've been burned many many many times over to even bring up by now.
-CL