Humorous, but obviously not serious, and nothing anybody claimed or charged, as far as I know.
Agreements reached with "most" of the minority interest holders were "subject to", and not binding or final, as I stated.
I think it is a distortion to say "InterOil is now running dangerously low on cash", which is contradicted by both Morgan Stanley and Raymond James.
OSH was apparently desperate to get in, and that is what and how they had to pay to outbid IOC and get the Pac LNG/IPI interests and the possibility of pushing Total out and diverting gas to PNG LNG, which they failed to do. I think IOC did the right thing, as I commented on, and the "oil collapse" will have no effect on IOC's certification payments.
Agreements reached with "most" of the minority interest holders were "subject to", and not binding or final, as I stated.
I think it is a distortion to say "InterOil is now running dangerously low on cash", which is contradicted by both Morgan Stanley and Raymond James.
OSH was apparently desperate to get in, and that is what and how they had to pay to outbid IOC and get the Pac LNG/IPI interests and the possibility of pushing Total out and diverting gas to PNG LNG, which they failed to do. I think IOC did the right thing, as I commented on, and the "oil collapse" will have no effect on IOC's certification payments.