agl santos

Hardmano, have to agree with your previous post. AGL stands out as the obvious suitor with Santos in there somewhere due to the interest they have in adjoining tenements.
One thing to remember, ESG is a conservative company in fact many would say too conservative. All of their previous announcements appear undersold and so factual sometimes you need to be a geologist to understand the terminolgy. I don't think they know how to spell marketing they say how it is with "no spin". This makes today's announcement really interesting, ESG advise of a really massive resource boost with a consequent confidence increase in NSW having and developing a viable coal seam gas industry. Most of the news until now really has been about Queensland even though there is a lot of exploration happening in NSW. My broker and the wise older heads up here reckon todays announcement is the start of a major rethink about ESG and the move from high risk into a coal seam gas player of some note. The sharemarket price today for ESG is solid considering what happened overnight in the US and Europe. Any other trading day and it would be more appreciated. In my humble opinion I believe they are spending money in the right areas here with the drilling teams going hell for leather. Keep it up guys, the champagne is on ice and its ready.
Holymagimon keep the faith man and get all of your friends to borrow, do whatever, ESG is a better buy and lasts longer than the special Jamacia No.1