ESG 0.00% 86.5¢ eastern star gas limited

csg on abc1 catalyst, page-9

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    ALH

    Not sure about those sorts of multiples .... I work on something like 15-16 as CSG extracts something like 5% of the calorific value in a gassy coal seam as interstitial gas wheras UCG converts coal to syngas insitu undeground and extracts something like 75-80% of the calorific value in the seam .... so 75/5 is 15 and 80/5 is 16 hence the 15-16 x multiple I use.

    But the value of CSG plays like ESG is the perception/acceptance as a commercial source of now "conventional gas" and its extraction is not dissimilar to that of conventional gas ie, it is well understood.

    Cheers
    Dex
 
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