ESG eastern star gas limited

revised offer

  1. 1,215 Posts.
    OK,

    I've had time to look more closely at a method to justify an increase on the 90cent offer.

    It is clear to me a revised offer should be based on the additional reserves booked in the IER.

    We need to refer back to the table where the NHA certifier was involved to work out the numbers based on the original offer of 50cents G/J. That realistically was the biggest material change to the positive in our company since the offer...

    Can anyone do the maths on this ??

    The MSA formula on another thread was a "bit of fun" but is not a realistic argument to go to bat with IMO.

 
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