Just read The Bull
http://www.thebull.com.au/articles_detail.php?id=10274
Appears some brokers are recommending to their clients to buy ESG with their sold AOE funds...bodes well for the share price.
Exerts from the article for the lazy bones are as follows:
"RBS Morgans senior oil analyst Nik Burns is recommending Eastern Star (ESG) and Victoria Petroleum (VPE) to clients who intend to sell their Arrow shares and switch into another CSG stock.
Burns says Eastern Star has a large resource base in New South Wales, having last month announced an increase in 2P (proven and probable) reserves that the company said will give it economies of scale.
They have recently demonstrated that they can extract CSG from their coals at a commercial flow rate, he adds.
The article is worth a read for all CSG investors.
Gisy
from aoe to esg
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