03-10-2016, 07:04 AM
'jft310' pid='67318' datel Wrote:Sageo Do you not think we will ever get a payment for our assets sold to Total?? Or will we not get paid in time??? Using your numbers of outflow of $8.3 million a month if it took a year 12 months from here to receive the payment that would be $100 million and based on what we know today we have at least the $300 million possible loan dollars available . More exact numbers coming before they end of March on our current cash on hand . What size do you think the gas in place ongoing tests now will reveal ?? Those tests are run by independent contractors . Is 10 T's not a reasonable estimate ??? What number do you think GCA and NSAI will reveal in July 2016 ?? Isn't 10 T's not a reasonable number ?? Was Oil Search lying when they said in the next 2-4 weeks we will have a much better handle on quantity??Based on the current testing . What did Oil Search mean this was the year the synergies between PNGLNG and Papua will be realized this year ??? Did Hession state the high estimate will become the mid estimate based on drilling results . ??? What did you mean when you said you had heard size estimates from your board friends that were so large they were afraid to post the numbers ???? Based on your numbers it should be impossible for Interoil to burn through all its cash and available loan dollars before receiving the Total cash . The loan available dollars allow us at least 3 years carry from here using your numbers . So are your numbers of cash burn per month wrong??? Were you friends wrong when they shared their large estimates of the size of our assets??? It appears to me the wait for the Total dollars will measure in the 3 year range . Or I understand any frustration that may manifest itself from time to time . When I have such a moment I call it later as a Senior moment . You might relate it appears .
Jft - Do I think we will ever get a payment from Total ...yes. On time ...no. Original time was end of 2015 ...(. unless my 'senior moment' was working overtime) ...smile. Some of your other questions were difficult to process since you mentioned some things I didn't even bring up in my post. Let's just say we see things a little differently,but both of us are hoping for some great results. Have a pleasant evening.