IOC Making a Difference

[efi426hemi]

Looks like the little ole Ennerole is making a difference....... (give it a minute or so to display)

Keep it on Ice,

Hemi

[Tree]

Doing the things that SMs don't. Thanks hefi. There will be no Dutch disease associated with gulf LNG.

[Palm]

Hmmm; several references to GCIs in these articles..............

[sageo]

Hemi- Thanks much. Enjoyed reading the articles .

[ArtM72]

I continue to recall the philosophy of a company which became more than a twenty (plus) bagger for me when I was considerably younger. Nucor Steel was run by a guy, a metallurgical engineer, Ken Iverson, who said treat your people right, your host communities right and your suppliers right and what will result is your stockholders will be well compensated.

Just as Iverson and Nucor did in developing steel mini-mill and related technologies, Mulacek and IOC appear to be doing with their own trail blazing in the natural gas field. Sure, times were different then, but I think Iverson had locked onto something fundamentally important. I believe Mulacek is setting the stage for a similar story.

Let the shorts have their fun for now. IOC is a solid company with a lot of friends in PNG. And IOC will be the lowest cost/highest margin gas producer in Asia Pacific.

[Palm]

Great post Art; thanks

[admin]

Yes, I agree, great post, Art. Nucor is more of a stakeholder company, if done the right way, shareholders will also benefit more. Running companies for quarterly figures by universal managers without great passion for the product and dominating firms by finance considerations isn't actually so good for shareholders either (on average), but let me control myself a little here

[Tusker]

Doing the things that SMs don't. Thanks hefi. There will be no Dutch disease associated with gulf LNG.

Did you notice... both hands.

We agree.

[Spartina]

Thanks for the effort Efi, great stuff.
Spot on Art. Missed you guys this week.