baillieu report esg next target

Baillieu's have this afternoon released a report "Coal Seam Gas' Amazing Year thanks to Kevin07".
Ivor Ries the Baillieu analyst said csg is hot and will get hotter due to the Kevin07 committment to emissions/carbon trading, meaning 80% of all new electricity generation will probably be gas fired. As a result Ivor believes most of the smaller companies will be mopped up in 2009 because "the big guys are hungry for gas".
Ivor places ESG and Molopo as probably the next companies for T/O as they fit the criteria of the big guys ..good current exploration/appraisal programmes plus closeness to pipeline infrastructure meaning the opportunity of relatively quick cash flow.
Its an interesting report guys and it backs up what we have been seeing in the Narra pub, lots of visitors and they aren't drillers or tourists. Looks like its a good Christmas for everyone up here, its a laugh in the pub everyone has copies of analyst reports/ broker recommendations etc and thats all of the conversation. Who said the front bar drinkers only want a beer.