ESG
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0.00% 86.5¢ eastern star gas limited

for new investors - the takeover case, page-19

  1. CJCC
    247 Posts.
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    31/03/10
    18:12
    Post #: 6522032
    Sandlion,

    Its all been said before.

    That Santos don't have enough reserves is trite.

    Y has alluded to Santos' inclusion of its percentage shareholding in ESG as claimed reserves. STO can't have them. STO can have their 35% (JV) and no more.

    The customers want guaranteed supply and STO can't give them that over and above the first train.

    Enter ESG.

    CJCC
    ESG Price at posting: 92.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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