I am following LNG for a long time and bought some at 58c at the close.
If all the latest ann plus AOE's intention to increase its stake are true, so why hasn't it gone up ? Do people believe the LNG plant is dead ?
If so, why has AOE's sp increased recently -- it should be the first one to get hammered if that was the case.
Or are they still angry about the 56 c placement ?
LNG continues with its site preparation and if I have understood all the ann. from AOE and LNG then it will be the first one to get in production.
Some people say there is no need for an export of LNG.
Just listen to the European news on SBS-TV, Europe tries desperately to find new sources of LNG to become independend of Russia. Qatar / UAE is one option for them, but Qatar can't supply that much.
And what about China and Asia ? Just last night Alan Kohler mentioned the oil price up movement when the world production starts to recover.
Am I interpreting the infos wrong or are the other ones still afraid to invest ?
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why is sp still below 60c ?
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