Update EFUT, DRYS, IOC, TPLM
There is not a whole lot happening at the moment. Let’s discuss our featured companies one by one.
Raymond James’ valuation of IOC
We have provided a lengthy article on the valuation methods used by the finance house Raymond James for InterOil. We can now speculatively update that.
Update IOC 28/5
This remains a very curious story. Some points.
InterOil update 22/5: Two LNG facilities in PNG?
The Exxon Mobile (Oilsearch, Santos) venture has signed an agreement with the PNG government containing details on their proposed LNG venture. Here are the most relevant parts of the newspaper […]
InterOil update
We can give you some highlights from the conference call and a take from a well known analyst from Raymond James.
Update on our stocks
Just before opening, it seems that all our puppies are doing just fine. EFUT has bounced off it’s support around 15.5, just as we thought it would. SIGM is moving […]
Update TSL, IOC
We can be brief, things look pretty good, and that’s quite an understatement. TSL, as we thought it would, broke out it’s 200 day moving average yesterday, and today it […]
InterOil reports Q1 2008, swings to positive cash-flow
It has just released it’s first quarter figures, which show substantial improvement on basically all metrics, as we expected.
Elk4 update 6 part 2
We rushed our first update a little, and what we surmised in our previous entry can now be confirmed. This shallow in the well (they only drilled 60 meters into […]
InterOil’s drilling report no6 is out
We can draw a few provisional conclusions.