'Palm' pid='18016' datel Wrote:
How long is a piece of string? (British & Australian)
something that you say when someone asks you a question that you cannot answer about how big something is or how much time something will take 'So how long does a project like that take?' 'How long's a piece of string?'
Gee Palm, like I said earlier to a brick wall, Pavel asked Phil to answer questions he cannot. And another thing, many feel like IOC promised partner selection in the first week of March when they did not. The proof is Pavel didn't assume selection was the first week of March.
'You ask me no questions I tell you no lies'
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Pavel Molchanov - Raymond James & Associates, Inc., Research Division
Phil, a question for you. How long do you anticipate the board's deliberations on selecting a partner?
Phil E. Mulacek - Chief Executive Officer and Director
Pavel, it's a little like somebody saying, "How long is a piece of string?" We haven't got -- they're coming in today, so we'll know a lot more. And then, the advisors need time to review everything, do their analysis, qualify Q&A. I mean, I'm sure, we will have a number of meetings with them while we're in this final evaluation. I mean it's a onetime event. And we -- until we know what the -- as I stated in my clarification, any conditions that bidders have, just way too premature.
Pavel Molchanov - Raymond James & Associates, Inc., Research Division
Okay. And then, assuming the process moves forward as you're anticipating, what do you think is a realistic time frame to physically begin construction of the LNG facility?
Phil E. Mulacek - Chief Executive Officer and Director
I mean, that's the process, to get with them and sit down and map it out. But one of the key is what process are they going to use. Some do stick built and -- I mean we've had discussions from 36 months to 60-plus, so I mean everyone has -- had different concepts per project on how best to build it. So everybody has different concepts. Some -- I mean, it may be portfolio issues, that maybe that they are really in need of a strategic supply of near-term fuel. So as I said, I mean we -- that process is going to kick off in earnest in the next 24 hours, and we're going to know a lot more over the next 30 and 60 days. So that's what we'd like to -- that's all I could say.