Fact is OSH balance sheet also stretched. I have looked into numbers.
If LNG price dont recover usbtantially, in that case OSH may also need Capital Raising to fund 3rd LNG train. 30% stake means Oil Search contribution will be more than 2 billion dollars plus Gas Field Development Capex. that is more than 3 Billion Dollars all together
OSH Price at posting:
$7.06 Sentiment: None Disclosure: Held