Ann: Magnolia LNG Secures $1.5 Billion Commitment from Stonepeak, page-15

Another BIG tick for LNG management.

From soundings made some time back, there was never any shred of doubt Stonepeak remained LT supporters (and would negotiate a revised agreement for 8 mtpa). MLNG was one of their first 'investments' (their website rightly shows 'pending'). As an infrastructure fund, they too see through the short term noise and are bullish on US LNG.

Absolutely no concern about the $66M success fee, GV referred to in the recent SH recording. And this 'agreement ensures NO dilution. How good is that?!

Remember GV's recent comments about being 'creative'?

Seems to be me, that (yet again) the team are delivering with this being another strong signal to the market that ALL the elements are in place.

Like dominoes, we just to need that first BTA signed (and remember there's one party who must make a decision fairly shortly) and the rest of the known knowns will fall into place ...

The Mexican standoff isn't going to last forever ...

And if it does, we'll probably be listed in the US.

Go LNG!