the others are correct - they definitely do not have sufficient gas for 2 trains.
Macquarie is a very big supporter of STO, however, they have said that they will not have sufficient gas by the end of 2011 for 2 trains. Their increases in reserves over the past 12 months has been disappointing.
So, there is a real need here.
Personally, I hope that STO are left surprised by a bid coming in from another party. I have my fingers crossed.
ESG Price at posting:
90.5¢ Sentiment: Buy Disclosure: Held