eastern star gas in talks with potential asian, page-89

Hi Buddy,

Another great post keep them coming , apply the blowtorch to their torrents of Hyperbolic Outbursts with their favourite sauce of Heroic Assumptions

That Rabbit may jump up and bite the Jockey on the nose

The Jockey falls off the Steed and the Rugby Scrum of Prospective partners runs right over the top of him

He gets up and wonders what the hell happened

When we visit the ESG Clinic and look at the queue of Posters waiting for a Therapy appointment we suddenly realise that they look to be in a Trance because they dont see us at all

You walk past and say Good Morning and they dont hear you , they just ignore us

We cant argue with that as this is free country so far

The ESG Clinic is not a libertarian space however as we have found out.

I have a FATWA on my neck for being agnostic rather than an irrational true believer.

ESG Marketing department is there anyone there ?

The ESG Brand :

"NSW's Leading Supplier of Natural Gas"

"Energy to Succeed"

"A Star to Follow"

"Delivering gas independence to NSW"

Authenticity + Innovation + Differentiation : a foreign language ?

I think you are right about the GLNG buyout option , but the members also have big capex commitments to share totalling $16Bn. Even this scenario would not have to happen until just before the first gas (and Revenue) is flowing and Trains 3.4 are in the sights of the STO project conveyor

I use that Project Conveyor a fair bit as I have etched in my mind the many presentations from ROC . It is a good metaphor but hasnt done ROC much good unfortunately.

STO has stated repeatedly that Gunnedah has great promise but is an early stage project. It is on the front end of the conveyor moving slowly. The STO conveyor is very large amd burdened with heavy capex.

The ESG management might just surprise and come up with a Big Unforeseeable Great Announcement this week that provokes the great Santos or his whole gang of GLNG.

Or maybe as we have discussed before Santos the saint ,Francis of Assissi like, is letting ESG just move at whatever pace it is comfortable with , feeling the breeze laying back in the Adirondack recliner to achieve its destiny in GasWorld.

Cheers