not out of the woods yet bg still a problem , page-20

Donut,

"Camdenbob
I agree with your thoughts on ROG. They have indeed been builing ul leases and are involved with some very interesting leases surrounding ESG and STO in northern NSW.

BG will be very cagey about their involvement IMO.
'

In my opinion BG would be concerned about having a mover and shaker (ROG) potentially putting in place a marketable parcel of Gas Tenaments, which may see Petronus, or Shell or some other BIG player get a foot hold in the same area as BG wants exclusivity.

That would of major concern to BG in my humble opinion.

If I were BG, I would not want some "go getting" company in direct competition with the aims and objectives of my shareholders (BG)

Simply because they may gain a parcel of land that is stragetic and may stop BG from moving forward.

Ie ) land locked area would be my guess.

CB