bilip to accelerate, page-3

I've read that Santos might take them over simply to delay the pipeline going ahead. OSH and partners are very confident that they will get a go ahead and currently are in "advanced" discussions whatever that means.

Now we see that OSH looks to be forming an up trend after copping a beating from the market... high oil and gold price should help future profits and they are expected to report a record profit 5/March.

ML have a $1.05 price target and that's even without the gas project going ahead. They also refer to a liquid stripping project which could alone yield half the value of the project anyway. Not bad at all.

So either by takeover or by simple economics I think OSH will rise in coming months. They have too big a reserve to be simply left alone at these prices.