The broker analysts who said last week that they saw OSH heading towards $3.40 - $3.50 on big news were right for once!! This is HUGE news for OSH. Remember previous posts where I have raved on about OSH's potential reserves being over 1.1billion boe if the gas was commercialised (reserves are currently 132 million boe). If the pipeline proceeds and it looks almost certain now .. this will commercialise over half of these gas "reserves" .. that will increases OSH's reserves to over 600 million boe!!!
Poor old Santos is being punished for missing out!
H
OSH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held