OSH can afford to throw it's weight around IMO bit as well as it...

OSH can afford to throw it's weight around IMO bit as well as it should not lose any more % with a upgraded offer and all $ for extra offer should come from total IMO.

Yep OSH has teh ability to increase it's stake in current bid at no cost and if total doesn't play that game they lose all access to the resource.

Up to you Total and I hope Botton has the balls to put the hard word on them. Total needs OSH but OSH has a foot in each camp !!

Honestly can't work out the macro affect on the OSH price short term apart from the validation of pricing with 2nd offer and a push up in OSH price so offer looks competitive. IF OSH bid loses out again I am not sure of price affect but would leave fund players rebalancing in a big way if it was the resource they wanted leverage on?

PS I was wrong forgetting exxon production facility is operational in PNG so they have the ability to put extra trains on as well.