The 50 cents a GJ for 3P is a misnomer created by two disingenuous and colluding Boards.
The day the Scheme was announced Knox was out there stating 50 cents was a fair price.
ESG's board announced 50 cents as fair.
Every mug shareholder exclaimed, "What about the reserves upgrade?"
Two new coals seams, $50 million dollars spent and no reserves? What?
The next question at the time was; is Knox that stupid to annunciate the 50 cent per gig when every one knows a big upgrade is coming?
The answer is, no he ain't that stupid.
Knox knew no reserve upgrade would be coming. Doesn't take a genius to guess how he knew?
Cease and desisit with this 50 cents a GJ baloney.
I'm voting yes.
STO may be b***ards but at least we know their smart b***ards and now their our smart b***ards.
Good luck.
- Forums
- ASX - By Stock
- ESG
- origin notes
origin notes , page-12
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online