LNG 0.00% 4.3¢ liquefied natural gas limited

End of year share price, page-334

  1. 1,268 Posts.
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    I think that your assessment of the POO is pretty accurate G777, macro political events will see the POO down for some time to come. Notwithstanding that the fundamentals for oil remain the same.....they aren't making anymore anytime soon. Not sure that your precurement strategy for LNG (the coy) is right however but at least you have a strategy and you've banked some profits previously. So you really can't lose either way.

    I personally think the the SP of LNG will be either much higher or much lower than where we are now within 6 months or so.....simply because if LNG do not produce FERC/schedule, BTA's and a financial project close within that time then the SP will head considerably lower. If however (and my money is on this option) they tick all those boxes then the SP will take us back to the highs pretty quickly.

    Also to consider is the US listing aspect, MB will likely wait until he has the FERC and the BTA issue resolved before the much awaited US listing, however when he does pull that trigger, and assuming we have those boxes ticked, the SP will rocket. The US peeps have a totally different way of viewing valuations than we do, and if they can get their hands on LNG with those boxes ticked then the load 'toot toot' will be the last of the LNG train that you will see under $5.

    I think it's fair to say that all of LNG's LT holders on this site will be watching this space closely. We are still sitting on mega profits (LT holders I mean) but the full potential of LNG is way beyond the previous SP highs.

    All my opinion only.
 
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