one of the best articles I have seen from a paper in along while actually covering the key points.
We just don't know what side deals are being done and PNG govt reaction.
This bid has Mulac signature all over it if you ask me as he would know all the inside on Total payments . What a prospect to have him back in the interoil tent? That would be a interesting relationship if Ex appoints him and the govt reaction?
Instos already locked in and seems IMO the index frontrunners locked in and seems they want the existing OSH deal as they aren't nimble enough to swap positions so are creeping the price up so it is equivalent initial value but can't match the trailing payment rate. They trailing payment may never eventuate for yonks under 2nd deal with no plant and why would OSH not have preference on better leverage to process own resource.
Bit of payback by OSH on exon will happen from old bad blood IMO but they are the meat in the middle .
Will OSH drop if new bid gets up?
OSH Price at posting:
$7.25 Sentiment: None Disclosure: Held
