announcement re newcastle port, page-2

Very exciting, I would think casey can elaborate a bit more on this tomorrow. I don't think the market has factored the possibility for LNG in in NSW when looking at esg's share price, in my opinon the value in ESG's reserves have increased based on a couple of points

1. Origin's recent purchase

2. The investment by China into gladstone- when China gets on board a project I consider it to be a very big sign

3. LNG potential- When buying esg I was only thinking domestically and takeover. LNG export was just a nice little dream, I think there are a fair few people that had this same thought but of course there are smat people like Hardmano that probably factored in LNG wen ESG was established!