I remember you were also a staunch supporter for GCN for the same reasons as myself. WE all thought the same thing. Unfortunately it hasn't come to pass as yet. I am still a big supporter of LNG. I believe they have got a great future also, but you wouldn't know it by the current share price.
To think that it was trading at 1.80c per share when Shell came along and spoilt the party by making a bid for Arrow Energy. That was the end of the relationship between LNG and Arrow.
Since then LNG have not been able to find another gas partner. But things are happening behind the scenes. The American deal could be very good for us.
Just shows you, it's not over till it's over. We almost got it across the line. Lost a packet but I am still a shareholder today. Alot poorer mind you.
LNG would have been a $4.00 stock today had Shell not intervened.
But that's another story.
I did tell you to take up your SPP entitlements in SPM. In a years time you might wish you had.
Cheers.
SPM Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held