02-16-2016, 08:03 AM
'jft310' pid='66717' datel Wrote:There isn't another energy company anywhere in the situation Interoil finds itself today. A multi billion dollar pending payment on a signed contract with the second of the agreed on 2 wells now at or near TD. If the payment is based on 10 T's that's $1.5 Billion or $30 per share in cash , if we certify 12 T's that's $50 per share in cash so "inflow is far from nada"in the near future . Plus another $10 per share at FID. Markets anticipate or look ahead . It's time for that . GLJ stated they believed we were not a water drive . Even GCA before the 2015 results stated we had 7 T's they and every analyst think we have sufficient gas for an Exxon sized 2 train plant . This talk is based on 2014 numbers and we have a required Interoil update by March 31st . We also has a partner who has scheduled both GCA and NSAI to certify the assets by early in the third quarter which will give the market higher numbers than the 7 T's. Based on the Interoil 2015 numbers and GCA and NSAI certification a pretty good number for asset size can then be determined . If we do Ant 7 the numbers per Hession should be even higher than these previous estimates .
Thanks JFT for your post. As I was reading it,I thought back to 1953. I was working on our 5" gun on the afterdeck,when our gunnery officer approached. He had in his hand a copy of Dr.Norman Vincent Peale's latest book"Think and grow rich". I asked him if I could read it when he finished and he oblidged. I believe that most of my g-kids have gone back to those "ancient days" and read it. ( I guess it all goes back to the power of " positive thinking'....hope your optimism pays of soon ) At my age now,sooner is better than later. Have a good one.