>>>The oil companies will spend billions updating the infrastructure and will only be able to extract for a few years before Iraq nationalizes the entire industry. Hence the 75% early return. Watch the market's reaction when this is actually passed.
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>>Jake, do you think the oil companies are doing this out of the goodness of their hearts or do you think they might want to make a small ROI?
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>Investment? What investment?
ROI (return on investment) is an extremely important factor showing how much shareholders are supposed to receive by making an investment it the company. When you buy a stock of a company, you are making an investment.
Edward Pikman
Independent Consultant