03-10-2016, 01:20 PM
Can we not wait until we get the actual numbers from Interoil before drawing conclusions about cash levels ?? That's due before March 31st . Or several weeks .
Officially on the last call it was said they had enough cash without the loan to reach the Total payment . Might have changed if so we will get an update . Today no one knows .
We should wait for the real numbers before excess speculation without any facts to go along with the guesses.
Yes Total is doing pre works and the update will include a projection of those costs . Total will be the one to update the partners what the estimated expense will be . Pre works are a good thing which is advancing the LNG build .
Interoil's CFO has done a good job so far keeping us in the loop and there is zero reason to conclude he wants to distort his financial projections . Yes he knows more than any poster on the board about financial condition of the company . Projecting forward expenses when Interoil was the operator has obvious problems as Total is now the operator . Waste of time unless you have proper inputs . No one here knows the proper inputs .
We are stuck waiting for the year end call and the CFO comments on that call. Patience ..
Officially on the last call it was said they had enough cash without the loan to reach the Total payment . Might have changed if so we will get an update . Today no one knows .
We should wait for the real numbers before excess speculation without any facts to go along with the guesses.
Yes Total is doing pre works and the update will include a projection of those costs . Total will be the one to update the partners what the estimated expense will be . Pre works are a good thing which is advancing the LNG build .
Interoil's CFO has done a good job so far keeping us in the loop and there is zero reason to conclude he wants to distort his financial projections . Yes he knows more than any poster on the board about financial condition of the company . Projecting forward expenses when Interoil was the operator has obvious problems as Total is now the operator . Waste of time unless you have proper inputs . No one here knows the proper inputs .
We are stuck waiting for the year end call and the CFO comments on that call. Patience ..