ESG 0.00% 86.5¢ eastern star gas limited

world class resource third world price

  1. 16,024 Posts.
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    JA said in yesterday's announcement that ESG had a "world class resource". DC has claimed that ESG will be the lowest cost producer on the east coast.

    So just one question needs to be answered. Why then is this world class resource being sold at $0.50/GJ of historical 3P reserves ahead of a major upgrade and when the locking in of a market for our gas would have yielded far higher reserves again by conversion of 2C to 2P ???????????????????

    Does anyone have an answer? The question itself leads me to expect/hope for more legs to this story.

    H
 
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