ESG eastern star gas limited
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sto fid by 30-jun & what it means for esg

  1. Mr Perry
    855 Posts.
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    14/03/10
    13:40
    Post #: 6445947
    Can someone please enlighten me on the FID process.

    If STO is to reach FID on its LNG venture with Petronas by 30 Jun 10, then - I assume - that STO and Petronas MUST have its Coal Seam Gas resources in place to allow the sign off of its FID.

    Is this correct? Does STO have enough gas at the moment for one train? If not, then esg MUST be taken over before 30 Jun 10 else the FID would be meaningless.

    Can someone please clarify above.

    Many Thanks...Mr P
    ESG Price at posting: 85.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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