so my mum and previous girlfriends have always said!
think we may have to wait a few months now until some big gains, unless someone is keen to build a stake in ESG sooner and announce a significant holding.
certainly any placement selling has been soaked up. some people may have been disappointed in the Beach sale pricing but remember it was a minority stake sale with no operatorship.
AOE / STO could be the next major target as the race to acquire scale before committing to an LNG project in QLD. there is no way four projects are going to happen, would be impossible and cause massive cost blow outs due to competitive pressure for resources.
the problem with being a stock / HC addict is you sit there watching it all day - with something like ESG, would be nice to look at it monthly.
certainly could drift back a little but only an opportunity to accumulate for the wise - waiting on comsec to come back to me on LVR status, it was frozen with no new lending but they may now reassess now that it is in the asx 200.
oakey hope you can come back soon.
lindo what do you see as the next news flow out of ESG - end of May / early June for lateral results?
ESG Price at posting:
81.0¢ Sentiment: Buy Disclosure: Held
