On the grounds of free voice. Everyone has a different perspective that should be respected.
Today was a positive day for LNG and its holders.
- LNG is well positioned for a multi bagger re-rate upon signing another BTA. LNG was once at $5 without regulatory approval and similar gas prices.
- Now LNG is at 72 cents or around 1/7th of its recent highs last year and it has FERC approval for Magnolia and all the key regulatory approvals for Bear Head.
I think it is a matter of signing another BTA and this share will re-rate to another stratosphere. Some analysts are predicting $12, but the consensus is that LNG is undervalued.
- I would appreciate understanding how further cash will be injected into LNG upon achievement of milestones, as I am sceptical that current cash levels will last us 3 years as management have stated.
LNG Price at posting:
72.0¢ Sentiment: None Disclosure: Held