$1.50 party, page-132

Possum,

Not to be over enthusiastic but I wouldn't be overly excited by $10 in 4 years time. That's be a big valuation on magnolia, but it would imply that in 4 years time the company only had magnolia on the table. 4 years is more than enough time to have progressed another project quite a way and also to have cemented the foundations for the greater company as a whole. $10 for that seems extremely conservative. Not imply it's guaranteed to happen, but in 4 years time that's were I'd like to see the company at and that's what would get me excited. We aren't an lng processing plant project, we are an lng processing technology company that promises to change the game as everyone else in the industry currently knows it. Magnolia is about getting our name out there (and making some serious cash in the short term in the process of doing it). Remember, we offer half the capex and a 30% reduction in running cost compared to the best anyone else can offer!