Ann: Magnolia LNG Signs with KBR, Initials SKEC EPC Contract, page-7

Yeah I agree with Pilko on this one. Nothing to be excited about.

In the world of front end engineering and cost estimation process, there are potentially 3-5 levels of approval before the costs are officially approved and documented under the company's work program and budget. I would not be getting too excited over this announcement.

In another thread, timbogold also mentioned to top up at this price.... I would if i didn't own any LNG shares at the higher price of what it is trading now.

I'll top up "IF" LNG reaches $1.50 as per TeTeTe's comments on another thread. If it doesn't then oh well, that's my opportunity lost. I already own heaps at the higher price not knowing the macro event of oil price tanking