07-29-2012, 09:25 PM
'bam' pid='7421' datel Wrote:Bam my only IOC concern is can we survive the next 18 months without a takeover being successful. The price someone pays for IOC in the next 18 monthe would be way low IMHO.Over $150 for sure but way low. If JKM is one of our partners I think our odds of surviving are good. If Exxon succeeds in the 25% partnership vs JKM I think they Exxon will buy the entire enchalada before I would want them to buy out IOC. The best time for IOC to sell out is right before the LNG plant opens. Too many unknowns today to compute a price.OK..thanks guys..I appreciate the respones..sorry to make you go over old stuff..I agree that at this point the difference between any of the numbers we're talking about are all rich man's problems..I got into IOC in mid june when i realized that the short arguments made no sense - I thought the risk/reward was incredible, but I'm still trying to quantify the upside..still learning..thanks again for taking the time to respond and educate.

