07-27-2016, 12:07 PM
'Stavros' pid='74958' datel Wrote:XOM will always get the full suite of payments from TOTAL over the years by acquiring IOC. We are requesting XOM to be "fair" and share those payments with us. So saying it costs XOM nothing to share those future payments with us is not correct.
The payments they will share with us are far into the future. They will have value when paid but the NPV to Exxon is very low. As was mentioned by Phil several times.

