BTA/FID, page-56

First 56 Last

Share
Profile

Follow
Longstory

3,591 Posts.

166

18/04/19

17:46

Post #: 38204865
Share

Originally posted by mwilson25: ↑

Possum,

The sp is in the toilet. I doubt anybody would disagree with that. So it follows that many market participants think there is not much chance of success. And that somebody like me that is optimistic must now have the minority opinion.

I spent around 6 months or longer flip/flopping between optimism and pessimism. One minute despair, another confidence. But I have now flipped rather than flopping.

We have lost our lead to be sure. We are now in amongst the pack of projects jostling to stick their snout in the trough, and Greg must take some of the blame for letting it get to this. Not all his fault, but as an important guy from Chevron you would think he would have had the contacts and influence to get this done by now. That's what I thought the high salary was buying.

We also lack a large industrial partner, but, as I understand it, this has been overcome by others in the past.

So now I have a strong confidence that, after the trade war is signed, we will be on our way. I think that focusing on the Chinese market is the correct direction and the best choice.

LNGL has not had an ounce of luck. The trade war with China is the classic example. There must be a whole colony of albatrosses living near by raining down bad luck as they daily overfly Magnolia. But a streak of bad luck will come to an end - they always do.

In my humble opinion, not long now.

Expand

Speaking of luck regarding business and share market doesn’t sound right to me. Sounds more like a lottery

i still try to be positive but with every cent the sp drops it does get very hard.

LNG Price at posting: 43.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA