ESG eastern star gas limited
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reserver upgrade

  1. Doug2176
    22 Posts.
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    10/08/11
    17:50
    Post #: 8804487
    My first post on HotCopper.

    I have held ESG shares for over 2 years and have been extremely disappointed with the share performance but have held most because I believed the Reserve upgrade would be as promised "Massive".
    ESG continue to display their usual footer in the latest Tintsfield Pilot Update & Reserves Assessment announcement, even though most of these activities have now been curtailed pending the STO deal. Is this in itself misleading?

    I also notice that Santos have already factored in $50M dollar drilling program in this reserve as if they own it already.

    ESG 75K
    ESG Price at posting: 78.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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