patersons report, page-2

CJCC

Thanks for the heads up! They seem positive despite having been dumped in the last CR!! Nice to see the SPECULATIVE dropped .... now just a plain old BUY. ESG coming of age as a serious company IMHO.

They see substantial upside to their valuation with commercialisation progress. I like this line about LNG out of Newie:

"The largest hurdle to be overcome is funding, however this should be significantly de-risked with the signing of conditional offtake agreements which may also outline how the project will be structured and any funding support."

So our expectations of LNG deals being signed are shared by the brokers. Excellent.

H