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If you vote no, be willing to accept the outcome.
#28

'Relker' pid='76106' dateline='<a href="tel:1472568 Wrote:If you look with a helicopter view at the selling procedure, you see that only two parties are really interested to buy IOC. These two parties want to expand PNGLNG and are interested in the feedstock. This interest will not wane with a no vote. The advantage of a no vote is that this places the management in a position either to sell part of its leases or sell the company. In my view selling the company becomes more interesting when FID is ready. At that moment more parties might consider to buy IOC and the gas price is probably less depressed.

So how is IOC going to get financing in order to pass FID?  Pre sell their gas at a huge discount???  There doesn't appear to be much market for selling down interest in EA.

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RE: If you vote no, be willing to accept the outcome. - by Kaliboo - 08-31-2016, 05:21 AM

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