On 27.8.2010 Intelligent Investor said in part on OSH - Png Lng is a massive and risky operation. Exon Mobile has organised 14bn of debt for the consortium and it will operate in a country notorious for social complexity. Investors need to consider whether they can stomach those risks before diving into Oil Search. But if all goes well Oil Searches production and profits will be transformed by the project. Recommendation Speculative buy up to $6. Hold up to $14. Sell above $14. Wouldn't it be nice.
OSH Price at posting:
$6.49 Sentiment: LT Buy Disclosure: Held
