I keep seeing the signals they are very excited by the current drilling program, this is unusual for OSH so makes me think, as I have mentioned before, this may be company changing - ie supporting more trains in PNG and a significant oil asset in the middle east. If they both come off we could have lift off. The current farm in negotiations also look immiment which could also be a catalyst.
The only thing I was looking for this time round, as the PNG project is well progressed, is perhaps a slight lift in dividend rate showing their confidence in their projections given the amount of cash they are generating and ability to raise funding.
Onwards and upwards - will look to buy more over the next few weeks in the inevitable down dips we always see with OSH as I think there is major news on it's way re exploration success etc
OSH Price at posting:
$7.16 Sentiment: LT Buy Disclosure: Held
