ESG 0.00% 86.5¢ eastern star gas limited

contingent just needs a market, page-4

  1. 16,267 Posts.
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    Lindo

    Come on mate .. how can a statement of Contingent Resources (that can become reserves) disappoint? And wording such as "global initiatives" .. isn't that a bit exciting. I sense you are being too cautious. Global ... to me that means LNG and a major company with "global LNG marketing experience" and $s as a partner somtime down the track.

    I'm happy. The project's Contingent Resource is the same as PES's (5,797 PJ) and ESG's share 2/3 of that. Says it has to be worth more than current market cap .. and a lot more in a few months once we have a reserves upgrade or a marketing deal. No?

    H
 
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