Agree with you Logo
More viable in the US cos they have huge pipelines, huge usage, huge gas hubs
For example for many years I thought electricity supply to Vegas was mainly from the Hoover Dam, wrong only 5% from Hoover, most of the supply comes from 8 gas fired electrical turbines Plants,
So LNG is in a good posi with US assets Bearhead Magnolia, they just need more moolar to get it going
As for PUMP and DUMP, that it was organized and planned, it was a rumor that got out of hand with some basis imho, a Buy the Rumor, Sell on the news type of scenario ,
Its all to do with moolar , Remember the Gorgon project in WA something like 56 billion for that white elephant, I think takeover would have been a gooden if the company doing the take over is Chinese with lots of cash, Bearhead And Mag need to happen in the US cos of increase gas usage in US and around da world
LNG Price at posting:
83.0¢ Sentiment: None Disclosure: Not Held
