Interesting comments from HC members on OSH results. Couple of corrections though. 1) OSH never has and never will pay a dividend (as an active explorer of resources you would be mad to pay out to shareholders who want you to find and replace reserves) 2) The result was very good especially after writing down 14.5 mill in exploration costs. 3) Within the numbers, OSH's old business account for US$15 mill of profit, 200% up from last pcp. 4) The pipeline will happen, because the pollies need it to happen. Keep an eye on STO's current exploration well in the Otway called Casino. There is an awful lot riding on that for STO, in terms of new gas reserves. I think it has a good chance, but whether it lives up to the high expectations of the market is another matter.
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