media coverage on nsw and csg, page-118

Yaq,

Apologies for delayed reply. In Chicago, which I must say is my kind of town.

I was very excited about ESG and LNG Newcastle. I even took a trip there to see the site.

I was enamoured about the potential of a 4 mtpa LNG plant in Newcastle and looking forward to riding it all the way. 10 years and whatever the ups and downs.

So very disappointed. Not just in ESG's board. I'm ashamed for example that Australia sets up a Future Fund but a Future Fund that doesn't have the remit (balls) to fund things like LNG projects.

As you say, they all go up the food chain. Why can't we create the ecosystem just once.

ESG's board is a symptom of the malaise in Australia's leadership and short-termism that dogs these potentially great companies.

I've done well out of ESG but I was prepared to risk it all to realise it's potential. ESG's board has ripped the carpet from under our feet.

I don't want STO's mediocrity, I want ESG's potential.

Create a data room and leave it open while you press on with business....