07-07-2012, 04:23 AM
Within InterOil's ability to control events (which is questionable given PNG politics), the clear goal is to MAXIMIZE SHAREHOLDER VALUE.
Given the multiplicity of likely dissimilar bids, how to do this may not be clear to those of us without access to the facts.
In that environment, I suspect the consensus may well be way off the mark.
None of us should particularly care what the plan is, as long as the Board of Directors keeps their eye on the MAXIMIZATION of SHAREHOLDER VALUE, within the available PNG political parameters.
I have little doubt that this is the focus of the BOD, given the large personal holdings of the key members.
VS
Given the multiplicity of likely dissimilar bids, how to do this may not be clear to those of us without access to the facts.
In that environment, I suspect the consensus may well be way off the mark.
None of us should particularly care what the plan is, as long as the Board of Directors keeps their eye on the MAXIMIZATION of SHAREHOLDER VALUE, within the available PNG political parameters.
I have little doubt that this is the focus of the BOD, given the large personal holdings of the key members.
VS