InterOil finds gas!
We do not have details yet, but the stock is already $5 higher. More to follow
Update on our featured stocks
Our puppies are all in a perky mood this morning. Help came from GDP figures, which (in our view), were surprisingly good. The economy grew by an annualized 0.6%, the […]
Socio-economic benefits from PNG’s coming resources boom are unimaginable
Here is an article by columnist Brian Gomez which appeared in pngindustrynews.net on Thursday, 20 March 2008. I reprint it here, as a subscription is necessary. It shows how the […]
Dry hole?
There are those that argue that Elk2, InterOil’s first appraisal well after they discovered a massive amount of natural gas at Elk, is a ‘dry hole’. It’s an argument one […]
IOC update no. 2 24/4
It’s pretty hard to keep up. The drilling report that was out this morning did not contain any news, apart from the fact that one can deduce that there were […]
IOC update 24/4
With every day that there is no news about the Merrill Lynch loan, and the stock price sinking further, the conclusion that not all is well becomes more difficult to […]
IOC update 23/4
We don’t like the price action in IOC. What explantations are there?
Does IOC have enough gas to support an LNG facility?
Since we’re so close to the culmination of the InterOil story, one that will lead to either an explosion or an implosion of its share price (we believe the former […]
Updates on IOC and TSL
Let’s start with IOC first. This gripping story is nearing the finish line. In two or three weeks, we’ll know the outcome of a DST test which will say a […]