Take 3.5 cents a share approx ??? , Nah play the bigger longer game as I actually think they can execute it. I think this deal is just bait as I don't believe the new bidders will be able to deal with PNG government effectively??
Why has OSH been creeping up ??? something smells around this unless it is option and synthetic holders playing games ??
Maybe you are right take the cash and then when the project stagnates in PNG political hell pick it up even cheaper.
Wonder if new bidder really wants to develop project short term of just buying resource? Will they do a side deal to use plant and infrastructure at a premium from OSH- why would OSH ever do that unless they encounter supply problems from their own fields? It is a massive capital cost and time to market if they don't and there is enough stuffed up and delayed projects around with their name on em.
