Ann: LNGL Comments on Vietnam Power Development Plan 7 Approval, page-14

There are no mysteries about LNGL or the LNG market in general.

The market is factoring in a 80-90% chance of a total loss. Anyone still holding is either happy with those odds or think the odds are better than that and the market is wrong. Anyone blaming management when there is no substantial justification is simply trying to shift the blame for their own investment decisions away from themselves.

The LNG market in general and particularly the second wave of US LNG is floundering because there hasn't been the wholesale shift away from coal to stimulate demand that many forecast there would be. Perhaps the Vietnam deal is a small sign that that is changing and it's ironic that the market is relying on communist countries to save it but so far the climate science deniers of the right wing are winning.