lngn asian buyers where are they?

This is what Casey said on Bloomberg in January . Was it just total spin??

Eastern Star Says It's Discussing Sale of LNG Stake With Asian Companies

QBy James Paton - Jan 17, 2011

Eastern Star Gas Ltd. said it?s in discussions with multiple Asian companies to sell a stake in a proposed liquefied natural gas project in Australia?s New South Wales state and to supply fuel from the development.

?We are in a dialogue with a number of groups, and the fact that we?re looking at placing smaller volumes of gas than many of our peers does open up more marketing opportunities for us,? Casey said.

Eastern Star is among energy companies in Australia seeking to tap rising Asian demand for cleaner-burning alternatives to coal. The explorer said in October it plans to offer Japan?s Marubeni Corp. a stake in the New South Wales project as part of a preliminary agreement.

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So what's happened to the Japanese and other Asian buyers? Is LNGN scrapped or not. JP Morgan said the 4 mtpa export from LNGN would be worth $2.21 per share. That woukld be a "superior" offer wouldn't it? One that would allow ESG to scap the STO SOA. So many questions and so few answers.

No email responses yet either but I have re-sent them this weekend. An MD who is paid close to $1m a year + incentives and whose company is under a takeover offer should be working weekends don't you reckon?

H