paradigmOSH should be significantly more profitable this year...

paradigm

OSH should be significantly more profitable this year and we will know by late July (if the market hasn't told us beforehand). Good point about BHP perhaps changing the equation re Olympic Dam gas supply, but all the recent OSH presentations have highlighted a general demand growth and a lack of current supply to meet it over coming years (certainly beyond 2008 when the pipeline gas may be available). If BHP also takes over WPL (a remote possibility is that they might merge) that could rock the boat!

Onward and upward I believe for OSH with POO staying in range US$45-60 (aided by a weaker US$ I think).

H