very disappointing, page-7

It's early days, of course the ESG board has to toe the line with SANTOS initially!

They need to maintain the relationship in the long term.

If or when a rival proposal comes along, the ESG board are immediately, legally obliged to consider it which will force the SANTOS proposal higher..

We have time on our side still folks!!

This will get a lot of media attention, all potential bidders will be doing their sums and possibly hanging out for the reserves upgrade before making their move.

The reserves upgrade must be HUGE because SANTOS have made an early move out of fear of losing the gas gold reserves they so crave....