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0.00% 4.3¢ liquefied natural gas limited

I'm so confused when they say "redeemable". Does that mean they...

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  1. Wadekv1
    172 Posts.
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    05/07/17
    12:11
    Post #: 25676376
    I'm so confused when they say "redeemable". Does that mean they initially put up that equity on FID but we can earn our equity back?

    "Redeemable in full at Magnolia’s election beginning three years following commercial operations date, subject to certain call protections "
    LNG Price at posting: 70.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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