why new drilling for market-constrained esg?, page-25

Ah, the mysterious db76!

We love contrary views on this thread db76, so your contribution is most welcome. It gives holders of ESG an opportunity to discuss ESG's value, a subject on which we are on very firm ground.

And your appearance, and need to refute my views, speaks volumes more than even the content of your posts.

If the purchases in QLD, on a 3C basis, are akin to the dotcom bubble, then many of the world's heaviest hitters in the energy sector are all caught up in the same mass delusion. And, it seems that Caltex is looking to join the same mania.

If we take the 17TCF (which, like any exploration target, is a moving target based on the further discovery of data), then what value do YOU place, on this theoretical 17TCF?

Santos claims the Gunnedah alone has 50TCF. So apparently Santos/OIP has the remaining 33TCF? :)

Here's the thing db76. Irrespective of ESG's price, or the sentiment on here, the final price of acquisition will depend on the number and keenness of the BIDDERS. And if they are all suffering from the same mass 'dotcom' delusion, ALL THE BETTER!

Thank you for pointing that out. :)

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