No need to settle down, I'm not the one trying to spread fear on here.
Again, If there were issues than IDG would not be here, the tax breaks wouldn't have been granted, the extension to 8.8 mtpa wouldn't have been granted, the Vietnam MOU and approvals wouldn't have been granted, the many extensions we have had from our other partner would not have been agreed to.
These parties and others are ringing endorsement not only of Magnolia but LNGL and Greg and the team specifically. You can complain all you like, but their continuing endorsement will always trump self-interested fear-mongering.
LNGL's share price in recent months has merely mirrored the LNG price, which is reasonable to expect. Now the LNG price has achieved a higher low and reversal has begun.
I have watched this stock for 4 whole years. My entries and exits were around the $0.5s and $0.3s if I remember correctly. I am fully aware of the issues and investor exhaustion, however the events of the past 1.5 years cannot be attributed to management. Despite these, they have stayed the course and obtained the various permits, approvals and additional capacity. Yes they are paid to, I get that.
There is a certain point where a stock has had everything thrown at it, from the the kitchen sink to coronavirus. With LNG good news stories re-emerging and coronavirus beginning to simmer down, I think things are turning around. After all, isn't the land worth more than LNGL's market cap right now?
€1.7 billion for new LNG (liquified natural gas) terminalshttps://www.dw.com/en/eu-votes-for-more-gas-infrastructure-angering-climate-activists/a-52351386Coronavirus: China announces drop in new cases for third straight day
https://www.bbc.com/news/world-asia-china-51519055Just my opinion
