ESG 0.00% 86.5¢ eastern star gas limited

contingent just needs a market, page-12

  1. 16,268 Posts.
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    brenden

    That's right .. big upside on the signing of any marketing deal and of course on a takeover (and we know they have been approached but are not interested until there's been a significant market appreciation based on reserves upgrades).

    In this regard Lindo's comment was correct .. what we currently lack and what will really get us and the market excited is an actual gas sales deal or JV with a major for LNG. ESG has said its staged approach is reserves certification 9tick) then marketing the gas 9underway) then infrastructure (i.e. pipelines and field development). We just need a deal to monetise the gas .. whatever that might be .. and we are then seriously on our way.

    H
 
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