OSH 0.13% $7.86 oil search limited

no decision by alcan yet!

  1. 3,104 Posts.
    lightbulb Created with Sketch. 41
    Well again time line indications have been breached - we were supposed to hear from Alcan and whether they may choose the PNG Pipeline for their gas supplies.

    Although this was outside the control of OSH, they still seem to be waiting for a magical customer for the pipeline to proceed.

    If it is looking like it will not proceed, they may as well alleviate he concerns of the investment community and announce the pipeline is off but hey look at our profit and conservative price earnings ration plus dividend.

    The only thing holding this company up at the moment would be the buyback and pending dividend - probably another company that is going to take us down.

    Cheers

    Mike Salad
 
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