Think think that IOC will not have access to all the cash that Interoil thinks they will have
Heres their latest ruse not based in fact.
1)They believe IOC has to buy out the IPI soaks up cash.
Fact see the Westake report . These minority interests do not have to receive cash all at one time. Payments can be spread as is shown on the Westlake Institutional Report
page 2. Further per IOC mgt IOC will have $1 Billion to pay down or off the IPI etc and drill ahead.Plenty of money per mgt yesterday at 1.
2)They talk about paying back PRE. Well if they read the documents and I have confirmed with IOC mgt that PRE per contract will be paid back out of LNG production.
Thats well several years away huh.
We got em and their lies will not work this time.
I'm long now so I'll kinda play along, but yes you're still either an idiot, or a lying fraud, or both. Please advise the board
LONG AN STRONG
Sentiment: Strong Buy
WB, I believe that Pre could also sell their investment if they wish. Would not need to cost IOC anything.
Are you the only one that doesn't know Warren is Kenny/JFT