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InterOil Corporation Message Board

  • lee.becky15 lee.becky15 Mar 11, 2013 4:59 PM Flag

    Stavros agrees , 2 bidders and a bidding war. One must be Exxon the other JKM???

    I agreewith your take based on three singing birdies in my bushes.

    They're whispering that two bidders are shortlisted for further nego.
    Translation .... "bidding war"

    Thank you very much .... Elvis is in the building!

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    • Assuming that each additional train meets the existing design scope, a five-train PNG LNG project will have export capacity of 17.25Mtpa which could make a vast difference to PNG government revenues and budgets.

      While organic growth is one method to increase resources, acquisition activity is another possibility. As part of an ongoing strategic partner hunt at least two supermajors were involved in bids for the significant Elk-Antelope field in Gulf province according to InterOil chief financial officer Collin Visaggio.

    • JKM + an operator. Perhaps Total.

    • BAHA.. BAHAHAHHAHAHA ... rolling on the floor BAHAHAHHAHA... Please keep this stuff coming.. there are very few places on the web that have this much quality joke posts

    • Becky, how long does a bidding war usually last? Will we hear that one has started? Does this justify a stock halt? I assume the pps will skyrocket of this news! Thanks for this info!

      Sentiment: Strong Buy

    • See the shorts don't like this. WHY NOT???Cover or perish thinks.

      • 1 Reply to warrenbuffett244
      • Short interest in InterOil stock (NYSE- IOC) jumped again in the latest reporting period to a record high of 12,973,540 shares short as of the settlement date February 28, 2013. An additional 653,899 shares were shorted during the final two weeks of February. This is the tenth consecutive reporting period with increased short interest in InterOil stock. Since the end of September, over 4 million additional shares of InterOil have been shorted.

        With nearly 13 million shares short, currently over 25% of all InterOil shares are sold short and over 31% of the available float. Even with the massive increase in the short interest, InterOil stock has continued to perform well this year as the stock up 39% YTD.

        Intuitional ownership has strengthened during this period as 9 of the top 11 holders of InterOil stock have either increased or maintained their holdings during the 4th Quarter of 2012 according to filings. With nearly $1 Billion worth of InterOil shares short, the stock continuing to outperform the broader indexes, and InterOil Board of Directors meeting the Company's advisors for the purpose of evaluating bids received for the development of the Gulf LNG Project, InterOil appears primed for a short squeeze

37.60-1.17(-3.02%)Jan 29 4:02 PMEST

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