I got the feeling from talking to Ian Kirkham the other day that esg does not want anything to happen just yet.
They want a higher sp and more reserves before any move.
I think they have three months, but who knows, anything could happen any day.
The push to be among the first to get lng out of Gladstone is heating up and there are more than a few who are short of gas.
I always get the feeling when speaking to esg that they are not worried - almost as if they are thinking "We know what is going to happen, and we know, roughly, what the final price will be."
I'm looking to buy more esg in the next month or so - otherwise there could be a lot of self flagellation going on when a move is made on esg.
ESG Price at posting:
79.0¢ Sentiment: Buy Disclosure: Held
