ESG eastern star gas limited
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A little while ago, either on this forum or on the MEL forum,...

  1. The_Bigfella
    48 Posts.
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    18/07/11
    11:41
    Post #: 8688490
    A little while ago, either on this forum or on the MEL forum, there was some talk about reserves upgrades and the fact that 3P cannot become 2P without there being a market to sell into.

    If this is the case, isn't a scheme such as this, and the JV with TRU the perfect avenue to say that there is a market. No MOU, no GSA required. Someone wants the gas, and lots of it, so upgrade the maximum amount of 3P into 2P.

    I am a newbie, so definitely do not understand. Please help!
    ESG Price at posting: 85.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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