esg remain confident

Just spoke to the company and although they can't say anything that isn't already in the market place they remain confident.

The company is astounded the sp continues to lag on the back of a "fabulous reserves upgrade".

They are not surprised that hartley have given up covering esg as Hartley have stated esg is doing well, we believe the price will go up, but we can't work out model what drives the market, so we are giving up covering you.

The company believes there will be a turn around in the sector when there is a FID announcement or some corporate activity.

Sto is due to make it's FID decision by June and it needs more gas... their Gunnedah gas is five years behind esg so they have to get it from somewhere.

As stated earlier, STO don't spend money without a reason, so something has to give sooner or later.

I know it's frustrating waiting, waiting, waiting, but I continue to hold.