An update, page-7

M8, I'd throw the house at this if I knew the SP would recover to 50c by end 2020. But put simply, I don't have the kahunas to invest any more into LNGL, I'm already sitting on enough risk here. If I do end up adding to my position it'll have to be on the back of some solid and lasting good news, like an actual signed spa or such - I'm happy to pay a higher price for less risk.

Although your positive posts are welcome, it's worth recognising that long term holders, of which I am one, are well and truly punch drunk with this stock after seeing so many promises and potential wins fade away into nothing over the years, while our investment dwindles.

I certainly wouldn't place any faith in a phase 2 trade deal ever being signed - China will struggle to honour the purchase requirements of phase 1. So any deals with China will have to be made with the 25% tariff in place.

'Once the best part of 8.8 mtpa is signed up, our financing arrangements will kick in and there will be no further need for equity'

I totally agree with your comment above, but failure to raise funds in the next month or so makes it a mute point - if you're affiliated with the company, or have any ideas on how liquidity will be extended I'd like to hear your thoughts. IMO we need at least 2 years worth for investors to rethink this as a viable project and SP will improve as a result regardless of dilution.