Basically, if this is LNG Limited, there would be 1.22 mtpa left to fill and to announce an agreement on the basis of Henry Hub pricing with one party might prejudice negotiations with another party on that final 1.22 mtpa
FID would be swift on finalising the final 1.22 mtpa, and Greg has said he wants to effectively put shovel to soil the very next day.
So if these deals are it and Magnolia has financing in place then there would be no need for dilution or capital raise etc.
Remember that more than anything, this project is actually about creating infrastructure and jobs in Louisiana, hence the tax breaks and Fed support.
No wonder they want to redomicile and list on the Nasdaq, most LNG investors in this country are clueless, as evidenced by LNG.AX’ stupidly low market cap - less than the land value?
You question was a good one, thank you
Just my opinion
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