RE: SP31 May 2018 10:28
Not just us two h_h!
It was mentioned in a recent Presentation, and is an external event to the 88E bubble. The deal took eight months to thrash out, when POO was considerably lower. OSH is an Oz company exclusively based in Papua New Guinea, and focussed on Liquefied natural gas (LNG) production. They were looking to diversify the investment risk for their shareholders, so Peter Botten MD struck a deal with Bill Armstrong for a 25% SHARE OF 500m BARRELS in a country and an asset alien to the company. This deal has monetised our acreage, and should give our own shareholders confidence to move ahead.
Consider this, if ICE2 doesn't work this time, a Conventional FO will follow on closely afterwards. This will allow us to modify ICE2 going forward.
I am NOT a paid ramper, and never have been. I have millions of shares here, and hope to make a fortune in the next 12-18 months and then disappear from AIM forever.
I wish you all the best with whatever you decide to do.