ESG 0.00% 86.5¢ eastern star gas limited

when is that lngn feasibility study due?, page-12

  1. 1,465 Posts.

    Given that there was the expectation that the FS would be received early 12/10, what has been gained by failing to make some announcement to that effect? Surely, there would be no commercial implications in making a statement to the effect of "We have received the freasability study prepared by our prospective partners and are in discussions with them"?

    To be honest, this sort of delay smacks of a variation on a jury being "quick to acquit and slow to convict", an impression which isn't by "this is one of several commercialisation opportunities that the company faces". IF the FS is hugely favourable, what other opportunities (other than domestic sales or sales to Gladstone), will be pursued in the near to medium term? A decision to progress with dyslexic LNG will surely prevent other opportunities being progressed in that time frame?!?

    Which leaves the thought that dyslexic LNG is less than hugely feasible...

    TR
 
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