Replies to post #46539 on IAHL Corporation (IAHL)

[R/C Heli]

I also would not be surprised to see the company keeping price down so they can buy back shares. Now is the time to buy, buy, buy I think. Could be wrong, but it just hasn’t been this active in a long time.

[mysterymeat]

I'm sure good news must be coming.
In February of 2013 the company stated:
“Future plans include four additional LNG Plants in Colombia within the next 7 years after the completed construction of Nataly 1,” advised Nelson De La Nuez, CEO of IAHL.

Yet not one spade full of dirt has been moved to begin the Nataly 1 project. Just a wee bit behind schedule.

News you can probably expect to hear is a lawsuit from Canacol regarding the 15 year take or pay contract that Altenesol has not honored.

CALGARY, ALBERTA - (February 5, 2015) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF;
BVC:CNEC) is pleased to announce that its Colombian subsidiary CNE Oil & Gas S.A.S., in its capacity as operator of the
VIM 5 Exploration and Production (“E&P”) contract in Colombia, executed a new 15 year take or pay contract for the sale
of 35 million standard cubic feet per day (“MMscfpd”) (6,140 barrels of oil equivalent per day – “boepd”) of gas to Altenesol LNG Colombia S.A.S. (“Altenesol”) commencing in the fourth quarter of calendar 2016. Pursuant to an existing agreement, as previously announced, an industry partner has a right to a 25 percent interest in the VIM 5 E&P contract, subject to regulatory approval and meeting certain financial commitments. Under the terms of such agreement, however, the Corporation retains operatorship and a right to commercialize 100 percent of the gas produced from contract on behalf of the partners.
Under the terms of the new take or pay gas sales agreement, Altenesol will pay US$ 4.90 / MMbtu (US$ 27.93 / barrel of oil equivalent – “boe”), escalated at 2% per year across the term of the contract.