ESG 0.00% 86.5¢ eastern star gas limited

H, twb,Thank for that - always reassuring to have one's belief...

  1. 194 Posts.
    H, twb,

    Thank for that - always reassuring to have one's belief in esg reinforced.

    I was shocked when reading through a copper forum last night to see the sp of that company had slumped 50 per cent yesterday after announcing disappointing results.

    Two days ago - people were posting comments that "this was it" "this is going to be huge", then CRASH!

    Very sobering.

    But ESG is a well managed company and has proven up its resource - and it will only get bigger - and we are in a company that will see demand for its resource continue to grow in coming years.

    ESG said back in January it believed it was worth $2.4 billion dollars, so the prospect of $2.35 or so a share in a takeover is more than realistic and if there's more than one interested party, well who knows?

    Cheers,

    B
 
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