08-18-2015, 01:25 AM
The OSH numbers include massive stock dilution. They issued more than 1/3rd more shares . That secondary dilutes the returns . Thus the better look is to compare the price per mcf of Oil Search which was 50 cents at FID and rose to $9 later to drop as oil prices dropped. Oil Search had 9.1 T's and market cap reached $10 Billion . Interoil today is a $2 Billion market cap . Do we have 9.1 T's???yes they are talking the same size plant as PNGLNG .

