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)