As per my conversation with mb, the cr will occur when the duel us listing takes place. They are required to make a placement when they list there and this placement will be used to fund the equity for bh. He did not think a cr would be needed before one. Jan 2016 was the target for the us listing.
He also talked about bringing FID forward to July 1 so that they can get a 6 month epc locked price. Then as ferc progresses they can acheive FC and turn the first shovel Jan 1
LNG Price at posting:
$4.74 Sentiment: Buy Disclosure: Held
