05-20-2016, 11:09 PM
All in all, we like the deal - although bearing in mind that the final analysis will hinge on
what happens in the resource certification. IOC shareholders have been understandably
frustrated by the lengthy appraisal process and the languishing share price, and this deal
provides a substantial and immediate value boost. While this isn't how we expected the
InterOil movie to end, it's a mostly happy ending nonetheless.

