boyseyIt might go cheaply today LOL!(with the DOW falling over...

boysey

It might go cheaply today LOL!(with the DOW falling over somewhat!). As Sojj said this would give the big boys (and santos?) the chance to get what they want at a good price. When you think about it though the Dow went up for weeks and now its just giving a bit back .. its ahead of where it was.

In reality our market yesterday "anticipated" the fall on the Dow (because of what the Fed said about US weakness) so we may not see too big a sell off.

ESG has thrown down the challenge to Santos to either get involved in their NLNG project, sign some gas swaps or GSAs for GLNG (at a competitive price) or move to take control of ESG's gas. Its going to be fascinating to see how they respond over coming months.

H