IOC has a history of data release Dec 31st
I expect a host of data to be released by IOC on Dec 31st or defore. Condensate DST in the oil zone and an FID approval by the PNG govt on or before that date.The news will be so overwhelmingly positive that IOC end of Jan 2010 will $100. And we have these idiots shorts who will cover way above their shorted price.Just pull IOC history of news releases and see what has been done on this date in past. I expect by doing the above IOC will then move part of its resources from a resource to a proven reserve..Bankable assets for them...