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"Feb. 2010: Calio: 'What has really surprised you most about this project over your several month affiliation with Interoil-LNGL, in both a positive and a negative basis?" Aldorf: "Interoil underestimated, in my mind, their own strengths here of being the lowest cost marginal producer,and I think I've come to help them realize that and help steer them along that path. I think what's surprised me the most is the fact the role shorts play here in manipulating the share price. I've never seen that before as I come from the world of the majors and this does not happen. And (chuckling) I've never seen so much misinformation (chuckle) and absolute, what I would say nonsense..... Calio: Welcome to my world. Aldorf: "I'm sorry, I've never seen people try to compare a REEF to a shale play and saying 'How can you have 700 million? (inaudible word) and Exxon buying XTO only have 13 million at high peak'? I think these are the things that are really riduculous and I ask myself...(chuckle) ...I've never seen anything like that...(chuckle)...it's just a distraction but I'm still gobsmacked by that and people with absolutely no experience in this industry making statements which are outrageous I should say. (chuckle)
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Until we have Cash, FID, Drilling/Gas/Oil, buy-out chatter/bids, production Cash-Flows the shorts will play their games. Get over it.
The short liars will continue to freak out retailers with their non-sense. We anguish over our holdings of 100's or 1000's of shares while those with 1,000,000's of shares are also in control of this deal/development. In the mean-time, we have a CEO extraordinaire, world's largest company buying 4.6T+ gas, a coming LNG stake in PNG LNG and clarity on Gulf LNG IOC standalone project.
Cash, FID, More Gas/Oil, Buy-out Chatter, Offer, Production Cash-Flow will end the short nonsense, in the mean time trade with it, sit tight, accumulate, sell out, but for heavens sake don't let it drive you (and us) nuts.
