Friend just spoke to Wayne Andrews and Wayne expressed more optimism than ever. Seems like things are going very well for InterOil. Wish I had more details, but it sounds like things are amazing and this this is just ephemeral manipulation that can't last. At least some IOC executives are in PNG, so hopefully we'll hear some good news soon. There is some chatter that the stock is down on a PNGIndustryNews article, but it's not even about IOC's project!
Press Release: IOC announces SD Deal. Optimism is relative. WA had more optimism and excitement going into his first date in high school that he would get to first base. So F more optimism than ever.
"this is just ephemeral manipulation that can't last"
This ephemeral manipulation has lasted for 4 plus years. The short interest is at an all time high theoretically going into a "Promptly" deal and "more optimism than ever" and "more assets not on the books than ever found before by a company that can't sell a freakin thing" AS NOTED BY Guiness Book of World Records.
No need to get mad at Pickboone. He is just reporting what he heard. The culprit is the management. On a day when the stock dropped 10%, at the least they should have come out and said something. How about " we are not aware of any development that would ....". something like that. Is that too much to ask ? This management is a bunch of jerks.