They sure dont refrain from paying themselves do they ?
Dont those Jockey excuses just rhyme with what we get with the Chairman's report every year
They keep that Share Printing press running like mad - over a Billion shares now on issue. The currency of a company debased. How much more printing will we see to fund their Grand Schemes ?
The company barely earns a Zac selling gas to Wilga Park (sounds like a racetrack or like that one at Wentworth Park)
The MOUs fall like confetti at a wedding
Something has to Give
All Catastrophic Fractures require an initiating crack - can be from stress corrosion or fatigue or an impact
For ESG it is likely to be Fatigue - the Exhaustion of it all
ESG is like a hostage subjected to the 3 Ds of Terror - Debilitation, Dependence and Dread. What will happen next?
The Ides of January approach , 15 is significant, and the Dread is beginning to ooze
If GLNG offered the ESG board an oil-linked gas deal they would be dancing in the streets and thinking about paying themselves some more of those STIs and LTIs as a reward for their brilliant strategy
The Great Game is not over
For us ESG shareholdres it can be a discomfiting time when we have to make sure that Brain Half-1 talks with Half-2 and we keep a tight grip on our ESG shares with Both hands
For those who are yet to master the two handed grip , just grip your ESG shares tightly with the Left hand while free handing vigorously with the Right.
Cheers
ESG Price at posting:
78.5¢ Sentiment: Hold Disclosure: Held