perspective, page-22

Yaq,

Good post.

The missing ingredient for ESG's share price is short to medium term commercialisation options. 2015 is a long way off.

Wilga Park development has been tardy at best (perhaps linked to issues with Production Pilot gas extraction?) and ERM's potential GSA won't be a producer for years.

What can they do short term to build incremental value (from a cashflow perspective)?

I'm questioning the wisdom of the 'All in on LNGN' when they COULD have been looking at GSA's with the majors at Gladstone with minimal capital outlay.

They will need to come up with something better than smoke and mirrors this year to appease the markets and demostrate prudent capital management before the SP makes a move IMO.