re: any other views? - hardmano
i thought the presentation was positive but it has all been said before. their use of the term "roadmap to a (pipeline) FEED decision has been agreed" sounds like OSH still havent lost all hope but they're running outta time cauz i thought they had until the middle of the year before any more delays would impact their existing conditional gas contracts.
yemen sounds promising if they can continue the good work there. look out for the neheb-1 report on thursday (if not sooner).
as to the share price, i kinda think the market is maybe focussing on the production dip post-2005... i remember not too long ago when the market was treating WPL's share price in the same way (that was before WPL turned around their potential production dip by proving up growth prospects in areas such mauritania etc)... perhaps the market is waiting for OSH to deliver on a growth project (rather than just talking about it) before they reward its share price....
OSH Price at posting:
0.0¢ Sentiment: None Disclosure: Held
