It was a fairly confident presentation (hong kong). He touted himself as being a bit of a leader in the lateral well field. I have taken up the SPP. Its a bit of a punt I think, as after all, the flow rates are what we are all looking for. But is it any different to buying shares in a miner before they announce a big find? Perhaps it is in that ESG have announced their find already, but can't tell us how quickly they can extract it. Using this rationalle its more of an educated guess to buy in now and 'hope' that they have the expertise to extract it.
ESG Price at posting:
87.5¢ Sentiment: LT Buy Disclosure: Held
