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Cheers mate, it's been a pleasure over the many years reading...

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oze_wolverine

2,611 Posts.

124

14/12/21

10:45

Post #: 58276133
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Originally posted by Teddyward: ↑

Yep hard work already done also outside consultants in theory validated numbers. Market knows value range at which bids should be acceptable as has benchmark from merger documents at lower oil gas prices than currently projected. If a strong bid accept and deploy cash to other area of business.

STO can either accept the sell down for $ or it can continue to fund and hold on for next hurdle and value point . Financing locked in so no pressure on timing of sale and time ( as long as there is stability) can only bring higher prices.

I am guessing any discussion on STO will be of average quality and only relate dto usual small pumps and witha wide portfolio any PNG discusssion will be minor. Sad to see OSH disappear - hope you can still write some options and get some income on STO - I'm leveraged long hoping for large value increase beyong 12 months. Easy exposure for me to oil and gas with hopefully more agile management.

Have a great chrissy to you and all other contributers to OSH threads over the years

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Cheers mate, it's been a pleasure over the many years reading your thoughts and appreciate all the time you have taken posting. I hope you have a very relaxing xmas.

OSH Price at posting: $4.04 Sentiment: None Disclosure: Held
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