Yes pipeline news would do the trick! I note that the QHVP was approved in February and the development application has not been withdrawn ... so it remains a possibility. That would give ESG a relatively near-term market in power generation in the HV and the possibility of sending gas to Qld for LNG ahead of any NSW development. Or they could just do the Narrabri to HV bit.
I think we all need to just sit back and let ESG build its business and they have so far so successfully. Maybe I need to take a break from watching ESG all day every day and come back in a month or two! It is a long-term hold .. not a short-term play!
H
ESG Price at posting:
$1.02 Sentiment: LT Buy Disclosure: Held
