AlYes ESG is rather conservative in its headlines! BOW and AOE...

Al

Yes ESG is rather conservative in its headlines! BOW and AOE announce that they are ramping up reserves certification and increasing their targets and the market loves it. Its apparent that ESG will exceed its current targets this year ... but they are not trumpeting that (perhaps to fend off the sharks) ... ESG will probably wait until they HAVE certified 1,300 PJ (mid year ?) and then and only then say .. oh by the way we are now targeting 2,000 or 3,000 PJ or whatever.

I'd rather that approach that to be promised 2,000 and not achieve it!

I said the other day ESG could fill the gap back to 67 as the excitement fades and placementees take profits. I for one will love buying more in the 60s having taken some profit all the way along so far.

H