They have essentially adopted the stance of their most likely suitor..that is, to remove all mention of the other party from all announcements, open briefings, presentations etc.. they have put Santos on 'ignore' a bit like Santos have done with them..as you say it all points towards a confrontation.
The best part is, now ESG are openly laying out their strategy for the battle, just a good read of the annual report makes it abundantly clear that ESG are preparing to shift up a gear and make the quantum leap to commercialising this resource..and they have put a time frame on it.
Bring it on
ESG Price at posting:
90.5¢ Sentiment: LT Buy Disclosure: Held