Could say a heap but will keep the rope short ..LOl!
Your postulated STO strategy only makes sense if ESG is still available or its leases and its gas still available for STO to take "when they are ready". ESG has said it expects to sign GSA's, commit to FEED on the LNGN, selldown equity in both LNGN and the Narrabri CSG Project (i.e leases and reserves), and most likely sign LNG offtake agreements perhaps by year's end, and shortly after conclude the purchase of the LNG site. There may not be much for STO to "take" if they wait too long!
H
ESG Price at posting:
86.5¢ Sentiment: LT Buy Disclosure: Held