No offence taken and I agree with your sentiments regarding experts such as Hartleys and, indeed, they apply to the hot air reports from a lot of life style Companies CEO's when a CR is in the air to pay for their over the top salaries and bonuses... having noted that, I do not put IOG in that category as salaries and bonuses are quite modest with management increases related directly to the number of daily barrels (bode) produced over a three month period.
I am looking forward to the IOG quarterly which is due by the end of this month. Revenue should be pretty impressive with 5 months of Florence turnover included.
This is followed by the AKK AGM at the end of November which is expected to announce flow rates for their Pathfinder Niobrara Project [hydraulic fracturing is expected to be completed by the end of October].
As you expect JJ, I too anticipate a gradual re-rating of IOG on the cash flow announcement and a jump if AKK frac results are as positive as expected; but, in this share trading casino the cards are stacked against the average punter and my correct hypotheses numbers are similar to a wildcat striking oil...about one in ten - damn!
IOG Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
