ESG 0.00% 86.5¢ eastern star gas limited

Their current 2P is 175PJ.Although they estimate they will be...

  1. 635 Posts.
    Their current 2P is 175PJ.
    Although they estimate they will be able to shore up 400 - 500PJ in 2009.

    In comparison, ESG have 250 2P (our 65%) with expectations of 845 2P in 2009 (again this is ESG's 65% share).

    ESG should easily be valued at $1.

    AGL have shown their intentions. Bascially requiring to build up 2000 PJ in NSW. They need ESG as they will still be at least 1000 PJ short.

    STO could make this interesting as I'm sure they will not let it go without a fight.

    Stock of 2009!
 
watchlist Created with Sketch. Add ESG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.