interesting piece from lng quarterly, page-5

  1. 1,211 Posts.
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    Favre,

    Also with LNG's cash reserve at $4.5M (Dec QTR), they are probably looking at only $2M remaining by march. So what are they waiting for (CR)?

    HS,

    Yes I was thinking exactly the same thing when I saw LNG was having a cheap lookie-lookie. I kinda hope PetroChina won't make a move at MEL anytime soon, but if they want to secure gas for the 2nd train just to make the project profitable, then this will soon look very interesting.

    Could the hold-up with WCL anything to do with MEL/NSW weren't ready to supply 2nd train gas just yet?
 
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