OSH 0.00% $4.04 oil search limited

continued strength .. why? anyone?

  1. 16,253 Posts.
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    My best guesses as to why OSH continues to outperform are:

    1) Nabrajah drilling would be at basement at least .. so insiders would know if they have struck oil again. They were at 1250m on 23/9 so its unlikley they are too far into the 1000m of basement that they hope to prove up. Recent broker comments have indicated that Nabrajah upside is substantial.

    2) POO looks set to remain in the US$60s pointing to another strong record quarter.

    3) STO may be getting close to signing with the pipeline .. which IMHO would make it a certainty. They have previously said that they would be interested in OSH only if its gas reserves were to be commercialised .. ah derr...they will be if STO signs!??

    Plenty going for OSH!

    H
 
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