Give us the plan Phil

[calvin grad]

Could Phil give us the following plan.

Assume worst case. Certification of 7.2 T How much cash are we short to get to cert  payment?. What is the austerity plan? Will you and the new management work on no pay, just options? Would we be able to make it by selling 5 million shares at 35 per share? At or about FID how much could you get for  one third interest of EA.  That leaves us at 20 percent Papua PNG, all of the FId bonus, all of TBR, all of recertification  and other licences. This is doable.

[Libtardius Maximus]

Phil's plan is already out there. He wants 65-85 a share. Not 40 and wait for another year to MAYBE get another 25.

[calvin grad]

They won't offer that much if we don't have an alternative plan of action

[sageo]

Could Phil give us the following plan.

Assume worst case. Certification of 7.2 T How much cash are we short to get to cert  payment?. What is the austerity plan? Will you and the new management work on no pay, just options? Would we be able to make it by selling 5 million shares at 35 per share? At or about FID how much could you get for  one third interest of EA.  That leaves us at 20 percent Papua PNG, all of the FId bonus, all of TBR, all of recertification  and other licences. This is doable.

Calvin  -  Would  175 million help to get your idea working ? Humm ....or is my 175 million bad math ?  Phil , what say you .

[calvin grad]

Could Phil give us the following plan.

Assume worst case. Certification of 7.2 T How much cash are we short to get to cert  payment?. What is the austerity plan? Will you and the new management work on no pay, just options? Would we be able to make it by selling 5 million shares at 35 per share? At or about FID how much could you get for  one third interest of EA.  That leaves us at 20 percent Papua PNG, all of the FId bonus, all of TBR, all of recertification  and other licences. This is doable.

Calvin  -  Would  175 million help to get your idea working ? Humm ....or is my 175 million bad math ?  Phil , what say you .

Who says we need any money. With a new board and management how much do we really need? I would like Phil to give us his view

[ArtM72]

I think we have a pretty good idea of what a Phil takeover would look like. The question being would Total continue its development of Papua LNG and I believe that probability is quite high. Phil would like some money to get proper measurements from TBR and get that well sunk down in Antelope South. A piece of the PPLs to Total for $$$ would do the trick. Or hibernate.

Phil is also giving everyone a second alternative and that is to save alot of heartache by improving pricing. That however is problematic as OSH, IOC and TOT are all partners to the agreement with OSH and IOC sworn to be mute. It is awfully hard to have a conversation when one side has a gag order in place. Hession. What an ass.

I'm now wondering just how true all the allegations of unpopularity were with respect to Phil. This board has carried a lot of condemnation, but other than not getting the big deal done there doesn't seem to be much of substance. We see character assassins almost every day in our life. Were some employed here? Just wondering. Botten must be a real character to have lasted so long himself in that environment.

In any event the biggest downside to overturning this deal, other than another short term stock buying opportunity, is OSH's ability to pay Pac LNG and still have money to fund construction. Maybe there's a deal there. Pac LNG forgives cash payments and takes shares of OSH instead. After all, isn't everyone better off ultimately when there is a lot more gas in the ground than originally thought?

[Palm]

Phil's plan is already out there. He wants 65-85 a share. Not 40 and wait for another year to MAYBE get another 25.

That's neither a plan or a strategy.  It's easy to say, but that just gets emotions running high.  I have asked Concerned SH for those very things; their strategy and the plans that go with that.  I (and others) can get onboard a well-maintained train, but not a runaway. Hopefully they respond with some meat.

[admin]

It really depends on the certification outcome. If that's low, then plans amount to some form of hybernation. If it's close to 10Tcf, they can survive with a more frugal management

Ideally I would like to know the outcome before I cast a vote on the take-over..

[Libtardius Maximus]

Phil's plan is already out there. He wants 65-85 a share. Not 40 and wait for another year to MAYBE get another 25.

That's neither a plan or a strategy.  It's easy to say, but that just gets emotions running high.  I have asked Concerned SH for those very things; their strategy and the plans that go with that.  I (and others) can get onboard a well-maintained train, but not a runaway. Hopefully they respond with some meat.

I have asked as well and got nothing. Perhaps Phil is waiting for certification of OSH-IPI and will sell some of A7 to Civelli as well as TBR. " border="0" class="smilie" src="http://shareholdersunite.com/mybb/images/smilies/biggrin.gif" />

[Palm]

That's very troubling Lib.