I was mildly positive on the report. The biggest risks are those operational risks with getting economic flows. And they are at or better than expectations. And, in places, progress was delayed by rain, now historic.
Yes, ESG are not showing us their undies for strategic reasons - and many people are unhappy about that, fair enough - but the fact that they can report increasing flows is great news.
Particularly at BW West - BW West had to reinstall new equipment because the flows were too great and above expectations!
Critics of ESG, tell me, what are Santos' flow rates? :) Report those, do they? Find me the published data for Santos' flow rates at their Tambar Springs pilot...
Y
ESG Price at posting:
90.5¢ Sentiment: Buy Disclosure: Held
