ESG 0.00% 86.5¢ eastern star gas limited

Mangels,I don't live for thumbs up on HC. They do not pay the...

  1. 3,666 Posts.
    Mangels,

    I don't live for thumbs up on HC. They do not pay the bills. Successful investing does.

    If you think that my post is off the mark, fine. I tend to think it is not far from the truth. And having a chat post AGM with some of the directors reinforces this view.

    To put it really simply for you - why would anyone buy the cow, when they get the milk for free? So ESG has not committed to sell all their milk to one player.

    But, if anyone has an alternate reason why ESG has not signed any new MOU's for a long time, despite the obvious demand for gas domestically and for LNG, I am happy to hear them.

    Y

 
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