an unpopular dose of industry perspective, page-13

Nice summary Yak of the reasons why the "G" has been unable to prove up further reserves and some part towards an explanation for the present situation.

It still smells bad though !

In terms of excuses and things beyond their control , but specifically relating to the regulatory environment in NSW , one wonders what is BOFs state govt's problem ?

Surely they must be able to see the writing on the wall the way Queensland is going from strength to strength from a business perspective but also from an environmental situation too, with a need to supply power with a carbon reduction.
Especially if the growth ethic is part of ones mantra .

Perhaps like esgs management , they are like kangas frozen in the spotlight - when blinded by difficulty ?

I don't think it is just fear of the anti csg lobby backlash though , but wonder if its more a case of believing their own publicity too well (or internal ideology ) that the need for carbon reduction and global warming is not real for them ?
I'm sure someone closer to the coal(bedmethane) face would know more though ?

Annoying esg have snookered themselves into a corner whereby they cant explain directly to the market and we have to rely on whispers .

My spidey sense tells me things are hotting up though , but then again Ive been wrong before (multiple times) .

ps if "Santos have had similar problems getting approvals for their own activities in Gunnedah. " , why are they so bullish in their reference to esgs reserves in their own report ?
If a case of dare or die , there is more of a problem gambling situation going on in the Eastern states than I realised !