10 year, 5.58 mtpa deal ! - UNNAMED PARTNER, page-73

First 73 Last

Share
Profile

Follow
Takings

254 Posts.

13

13/02/20

10:06

Post #: 42904533
Share

Originally posted by Luckystrike: ↑

Mate, your'e missing one very key point here: LNGL does not have any gas to supply. They never have. This has always been their Achilles heal. They have rights to lease a site (Magnolia), on which they will build a liquefaction facility with their in house intellectual property. They need to either:
1) purchase gas from a supplier and market LNG themselves (e.g. to new Fortress Energy); or
2) they can charge a gas supplier a fee ('tolling fee') to use their liquefaction facility and let the gas supplier market the LNG themselves.

Rest assured: if LNGL had signed any deal they would have provided details to the market by now - as they are required to under ASX disclosure requirements - notwithstanding the other driver of wanting to save their own necks...

Expand

the wording in the ann is “thru 2030” not “until 2030”

in my opinion it’s a crafty ann that suppresses the suppliers name (which you don’t do for a small order) and does not quote the capacity on a mpta basis. Using “thru” rather than “to” or “until” likewise is vague

Last edited by Takings: 13/02/20

LNG Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 73 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

10 year, 5.58 mtpa deal ! - UNNAMED PARTNER, page-73

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Monash IVF shares cater 25% – Disaster or deep-value play?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Australia’s gas crisis is here – and dying coal plants aren’t helping

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News