06-21-2016, 07:48 AM
So what is the PNG government going to do when lawsuits and delays get in the way of development plans?
Total is the government's new darlin' and Total, OSH, and the PNG government have big plans. Which don't include IOC. And the government owns the resources. IOC has no mineral rights and no leases. IOC doesn't own anything. The company presently has certain licences granted by the PNG government. And we shareholders are pressing the case, with potential litigation to prove it, that the management of IOC is incompetent at best, and maybe even a bunch of crooks. What, PNG might say?! This pissant company, entangled in law suits, run by a bunch of crooks, is in the way of PNG's plans for economic development??! Hmmm....
Total is the government's new darlin' and Total, OSH, and the PNG government have big plans. Which don't include IOC. And the government owns the resources. IOC has no mineral rights and no leases. IOC doesn't own anything. The company presently has certain licences granted by the PNG government. And we shareholders are pressing the case, with potential litigation to prove it, that the management of IOC is incompetent at best, and maybe even a bunch of crooks. What, PNG might say?! This pissant company, entangled in law suits, run by a bunch of crooks, is in the way of PNG's plans for economic development??! Hmmm....