Deep breath ... out on a limb I go again 8))So, finally we are...

Deep breath ... out on a limb I go again 8))

So, finally we are seeing the next round of consolidation of CSG companies in Australia ... ORG (and their GLNG partner Conoco) co-operating with British Gas to supply gas to Gladstone. There will be more consolidation with ESG, MEL, BOW probably being good targets imo. There is the former QGC technical team too.

So, what happens to the best of talents in those consumed?

Imo, the most entreprenerial amongst them will look to new frontiers ... after all Australian CSG is a solid second globally after the US. Austalian CSG drillers are pretty effective too.

Europe has a pressing need for indigenous gas ... a "name" farm in partner from Australia or America would increase the coverage EPG recieved back home imo.

In the original post on this thread I was thinking management must have a good deal of confidence in Lorraine to commit a fair chunk of limited funds to complete the Folschviller production test. Reporting cant be too far off now, surely! Perhaps its a double edged sword and they just had to demonstrate promise in order to attract a good farm in partner on good terms.

The sp chart seems to be anticipating some action too 8))

The sp movers imo will be good farms in on good terms, a good result from Folschviller, electrical generation from Gazonor CMM and a start on Lons le Saunier imo ... oh and a good early outcome for the convertible notes sooner than later imo.

Dex

Cheers
Dex

PS ... Pixie, you might want to start digging aound below your bottom drawer to find that scrip 8)).