ESG eastern star gas limited

what will turn this around?, page-3

  1. 16,391 Posts.
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    denis

    Better flow rates more like market expectations of closer to 1m scfd would do the trick particularly if followed by broker upgrades. Then again brokers are already saying $1.30+ and its $0.80.

    A significant catalyst will be signing of gas sales agreements or other monetisation of the gas reserves .. but I don't expect that until after the upgrade to 1,300 PJ or more. The market needs to see commercialisation initiatives ... that's one reason i am hanging out to see the Concept Plan.

    The other thing of course is a transaction in the CSG sector that will reignite interest in ESG as a potential takeover target.

    H
 
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