reflections on where we are at with esg, page-5

i do ot believe the board of ESG are inept - they have always had a smugness and confidence which comes from their knowledge of the industry.

they have had significant headwinds and technical issues, however our friends santos have continued to creep.

i suspect a company making commercial deal followed by the reserves upgrade will finally cements ESG's place of largest uncontracted gas reserve on the east coast available to the highest bidder.

the whole market is stuffed, the whoel sector is stuffed so of course ESG is not going to be trading near highs despite the good news coming. look at poor BPT - great production, minimal debt and possible shale bonanza, imagine how frustrated their share holders must be. we deserve to be down here until proven otherwise, i think that day is coming.