ESG has completely lost its legs.Think it needs the reverves upgrade or some other very positive news just to
stabalise the sp.The people that took up the spp at $0.85
must be kicking themselves. Right now $1 even $0.90 looks
looks a long way away.Monday could be another bad day on
the markets and if it is we could be looking at $0.73.
Fundamentally nothing wrong with this coy,no real bad news.
The problem with ESG atm is the lack of news.
On gas potential alone this co. will be a big winner one day.The biggest major mover of sp will be if it can monetise the gas.If it can do this it will easily be at
$2 plus imo.I see this coy as a long term hold,say 2 years plus.Has plenty of gas already.Needs to MONETISE it.
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