Yes it looks good. Regarding Tintsfield .. its interesting that they have conducted a DST on the 14.5m of Maules Creek coals encountered so far and that these are above the primary Bohena target coals. Sounds like they have encountered the upper Maules Creek formation Namoi Coals and possibly others and have stopped to test them as well. This would be more evidence that we will get considerable reserves upside from the Namoi coals across PEL 238 and that it is now another focal seam for ESG. That's great news! When you consider that they have as much as 8m+ seams in the Hoskisson seam, 5m++ in the Namoi and other Upper Maules Creek seams and up to 22m++ in the Bohena its certainly a high quality field from which they will be able to extract gas from a series of seams. Remember all we haven't had a piklot yet on the Hoskisson seam and the BW tri-lateral on the Namoi will add reserves for that seam hopefully by year end also.
H
ESG Price at posting:
94.0¢ Sentiment: LT Buy Disclosure: Held
