Great post Yaq and terrific summary.It's true, ESG don't need...

Great post Yaq and terrific summary.

It's true, ESG don't need STO...but the opposite is not true.

STO DOES NEED ESG and all of their plans for a transformed modern company are predicated upon LNG.

They need ESG...it is an integral part of their plans.

To be fair to STO, they are playing their cards close to their chest and it has been irritating us to the point of distraction.

When? When? When?

How much? How much? How much?

Perhaps they are playing the game of "go quietly and carry a big stick"...if this assumption is correct, the attack will come at the precise time when they are ready.

I have no doubt its coming because if it isn't, the entire future plan of STO will fall apart quicker than a brown paper bag full of horse poop.

Worse....in today's litigious world Knox and company may be brought to account by IMF, Slater Gordon et al for reckless use of shareholders funds.

Just ask the banks, Telstra and Gunns whether this is kind of future legal action is poppycock.

FACT: $500m is a MAJOR expression of interest which is unlikely to walk without a fight...or surrender meekly.

And now that some provocation is coming from ESG, we may see action sooner or later.

I reckon we're just one more MOU ann short of retaliation!