after the vote, page-27

Dude, I mentioned AGL as a company short on supply and would from a strategic point of view would want to secure future supplies rather than being at the mercy of the spot market or trying to tie up long term contracts at possibly world parity prices.

Whether AGL, or any other company require a steady supply of gas, it would certainly be interested in some of the CSG companies, As to which will depend on a number of factors. however, which ever company becomes a target will certianly create a lot of interest in the CSG sector as a whole as the hedge funds start looking at other companies ripe for the picking. If say AGL are interested in ESG, firstly news will start leaking very quickly and ESG will move from the mid 40's upward to say 60c. AGL make a bid. I would assume they start at say a $1. If this happens, MPO and the others will see a flow on effect. Will they became the next target as companies scramble to get a slice. Remember AOE and QGC are now big enough to swallow some of the minnows using a scrip offer.

However, at present the CSG sector, like uranium was a few years ago, drifting aimlessly until something spurs it into action.

That was my logic and my money is AGL to make the first strike. And if it doesnt the AGL board arent looking strategical forward enough as supply is going to be a problem for AGL