WSJ article - LNG offers LT Gas Relief, page-5

Thanks mate, Frank

Binding Tolling Agreement & DEIS, have de-risked substantially, Bear Head is a huge bonus; these inspire me to get back on board. I will spend a bit more time on researching LNG

Cheniere: Market cap US$16b
- projected annual EBITDA: US$3.7b - US$5.1b for 9 trains with debt: US$16.3b; EBITDA: US$5.2b - US$6.9b for 11 trains with debt: US$23.8b.

LNG.ax: Market cap US1.3b
- projected annual EBITDA US$1b or so for Magnolia only with debt US$2.84b (assuming US1.3b expansion fully debt financing)
Bear Head: 12mtpa is a huge bonus.

LNG.ax should be given a much higher valuation as it is progressing extremely well. I expected FID would be delayed as it is a very common practice - most scheduled projects are delayed due to outside factors which are not controllable by the company.

Best luck to all