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InterOil announces PNG government participation

Apparently, negotiations do not have to be that long, there seems to be a preliminary understanding and commitment of funds dependent on certain conditions to be met this month by […]

October 30, 2008 admin

Protected: Some InterOil rumors

There is no excerpt because this is a protected post.

October 29, 2008 admin

Interesting idea on saving people’s homes

A clever idea that shares the losses and the spoils for those responsible for the housing mess, and helps in keeping family in their houses and props up the market. […]

October 29, 2008 admin

Merrill Lynch versus InterOil round 2

First battle legal battle is a draw of sorts. The supreme court doesn’t want to burn it’s fingers on this one, and stipulates arbitration as the way to solve the […]

October 29, 2008 admin

More interest in PNG’s exploration and LNG prospects

There is more good news on possible partners for InterOil’s exploration potential and planned LNG facility..

October 29, 2008 admin

Daily Distortions no.23. An accountant’s Bermuda triangle of wells..

The more nonsense they write and the more personal insults we and this website receives, the more we know we are on to something..

October 29, 2008 admin

Broken stocks, companies alive and kicking

This market is a curious beast. There are companies, many companies in fact, that are in better shape than ever and yet they are battered into oblivion. We can come […]

October 29, 2008 admin

That Baltic Dry Index (BDI)

Our most loyal readers might remember the good old days back in April-May, when this site just started, that we wondered about the strange disconnect between stock prices and economic […]

October 28, 2008 admin

SBS mysterious figures solved, it turns out it indeed is very cheap.

The public data pertaining to SBS shares are somewhat confusing, and that’s putting it mildly. Even the 2002 prospectus introducing the American Depositary Shares (ADS, or ADR’s) did only add […]

October 28, 2008 admin

TED offensive seems to have worked

A sign that some form of normality is turning back to credit markets. But it’s also stalling a bit..

October 27, 2008 admin

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