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The "Value in OSH Shares" Fallacy - Printable Version

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RE: The "Value in OSH Shares" Fallacy - ArtM72 - 05-28-2016

Somehow an asterisk needs to be added every time somebody says Phil wasn't liked. He employed well over a thousand people and had a great safety record. He made some good deals but just never landed the big one.

I can imagine an ethical guy having outspoken enemies in a corrupt and corrupting environment. With PNG history of corruption what kind of player do you think OSH has been?


RE: The "Value in OSH Shares" Fallacy - oliver.gump - 05-28-2016

'ArtM72' pid='70915' datel Wrote:Somehow an asterisk needs to be added every time somebody says Phil wasn't liked. He employed well over a thousand people and had a great safety record. He made some good deals but just never landed the big one. I can imagine an ethical guy having outspoken enemies in a corrupt and corrupting environment. With PNG history of corruption what kind of player do you think OSH has been?

You are right with everything you have said.

There is a reason that Phil couldnt close the big one.... Dr. Gaylen Byker.

Byker was undermining Phil and trying to do some side deals that kepy derailing the discussions that Phil was having with XOM. 

You will notice that the Total SPA deal was announced (December 5, 2013) within three weeks of Phil resigning (November 18, 2013) from the BOD. Phil was never included in the Total negotiations, so even then Hession was playing members of the Board off against each other while he took the spoils.