if sto aren't "acquisitive', what's the plan?, page-5

why couldn't ESG do another Arrow?

STO has two investments relating to ESG:
- a shareholding
- a j/v interest in some permits

With the s/h, STO is no different to you or I. They sit there and wait for capital appreciation or a divvie. The only difference with STO s/h in ESG is that its bigger than yours or mine.
The reason for their big s/h is clearly tactical/influence etc.

The J/V is totally different. It is here that STO will be able to access tech assistance, and get access to their share of the gas.

In my mind, whilst a t/o over ESG by STO makes sense, so does STO simply accepting 35% (or whatever) of the gas, and sitting on their ESG s/h. I am sure part of their plan is to ward-off any predators looking at ESG.
I can then see ESG developing its own path to commercialisation, just like Arrow.

Is there a similarity of ESG/STO to AOE/Shell position?

If ESG could emulate AOE - how good would that be?

cheers