Like most of those posting on this thread I'm heavily committed to ESG and HGO and remain confident theres exciting things on the horizon. One thing does bother though and perhaps others can put my unease to rest. The catalyst for the QLD CSM frenzy is proposed LNG developments. ESG & reference to LNG is rarely mentioned together by anyone. Nothing mentioned in this recent announcement either about progress on comercial agreements for gas offtake. The MOU with Mcquarie Power should be worth something. Not sure about Babcock Brown.
Who is going to buy the gas?
Ann: Quarterly Reports - March 2009 , page-19
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