Hardmano, are you sure the farmer near Narrabri wasn't the Chairman, everyone here wants his ear at the moment. Many of the investors in Narra would agree with Buddys earlier posting and financial calculations re the extra money ESG could have achieved with their share placement The timing of the placement is spoken about continually with the general view as to real puzzlement particularly when the long awaited first lateral drilling report lobs to the ASX the day before the placement. It was obvious the shares were gathering strength in the days earlier and could have been higher only for the "capper". Lots of speculation over the identity of the capper by the way. The general consensus is ESG chose very unusual timing when there is plenty of other drilling reports to follow. The betting last night was about tomorrows bimonthly drilling report. I'm on the side that says there won't be much to report this time but the report after will be interesting.
ESG Price at posting:
67.5¢ Sentiment: Hold Disclosure: Held