ESG eastern star gas limited

a $25m commitment to lng, page-7

  1. 39,009 Posts.
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    I would agree that the market is a sober place. No one really knows what something is worth until it is actually put up for sale.

    In this case , I don't see where you've allowed for the size of the resource. Not today's size but when we get a few upgrades. Not to mention that our resource measurement is still market constrained so arguably the real value is not being displayed.

    If STO won't make a move , then DC and crew will continue with LNG and ultimately develop their own market. Once they have their own market , how will you value that ?

    The irony is that STO will benefit out of ESG's effort either way.

 
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