Six months...maybe, but then again I reckon activity around esg will hot up when sto announced its FID on Gladstone and that's due around June.
Santos is on record as saying the project is more or less going ahead unless something out of left field happens...They need more GAS for Gladstone.... so maybe the "wisdome of sto buying into esg" will be revealed then.
Three months...if santos pulls the trigger, watch out, and for the record I don't reckon esg will sell out for less than $3.5 billion or around 4x the current sp.
I know I've said $2.50 in the past, but that was in the midst of the gloom and doom.
ESG Price at posting:
79.5¢ Sentiment: Buy Disclosure: Held
