After hardly mentioning the Gunnedah since July, Santos is now softening the market up for a bid.
And now that the big question - technical risk of ESG's deep and unique coals - is being addressed with these outstanding flow rates, IT IS GAME ON!
And this is from the Namoi! Note how DC points out the relative thickness of the Namoi and the Bohena, and these superb flows are from the thinner Namoi.
Fantastic stuff!
The Pandora's box is now open.
I just wish ESG had more time. Their resource is massive.
Now, we just have to hope that ESG has more than one suitor. I suspect ESG have got a few surprises up their sleeve.
I won't be able post much in the next few weeks (holidays), but these flow rates (and what they mean) are the best Christmas present ESG (and HGO) holders could hope for.
Best Wishes all,
Y
ESG Price at posting:
79.5¢ Sentiment: Buy Disclosure: Held
