I noticed! Patersons looked likley to be dropped as 1) they had been less enthusiastic lately about ESG 2) they haven't put out an upgrade for a while and in fcat haven't updated on the MOUs or quarterly which they would have previously done. I AM surprised that GSJBW were not included .. their recent coverage was 40 pages and more like a prospectus ... maybe they are in the background taking a heap for their clinets?
Yes getting the investment banks on board will help with future possibly even larger raisings to fund full field development and ESG's share of any NG project (or in a takeover defence role).
H
ESG Price at posting:
91.5¢ Sentiment: LT Buy Disclosure: Held