I suspect a deal, perhaps OSH has invited us to the PNG LNG project party, or a Chinese investment in the Western Project will cash up Horizon in exchange for a lesser stake as Brent mooted a while back. And of course we are owed US$130 million upon achieving the LNG FID milestone. Horizon could soon have plenty of cash for the first time ever and then we can drill all the juicy prospects that could make Horizon the junior Oil Search it was always destined to be. SP $4 or more, it is possible.
I suspect a deal, perhaps OSH has invited us to the PNG LNG...
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