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Ann: LNG Limited Extends Meridian LNG Offtake Agreement, page-46

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panorama

3,407 Posts.

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01/07/18

19:37

Post #: 34068627
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Originally posted by MoneyBags1348 ↑

rivermore it takes at 48 months to build Magnolia once FID is achieved so it won’t be in 2021, still you’re in the company of some good rampers so no doubt you've got competition!!!!

Bullish Event, LNG has to announce a BTA within 30 days of it being signed and all the recent extensions are at the usual times they were set to take place (previously LNG cut Meridians extensions to 3 months to save money). Meridian is conditional on LNG reaching FID and LNG has previously stated if they got all 8mtpa from elsewhere they would give priority to them over Meridian.

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Hey bags, how's the correspondence going with the ASX? You mentioned recently that you were awfully busy corresponding with them. Any luck?

Last edited by panorama: 01/07/18

LNG Price at posting: 58.0¢ Sentiment: Buy Disclosure: Held
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