Obviously a competitive market out there for LNG deliveries. I read not so long ago, about a significant run-out of existing agreements which you would think gives the company a lot of opportunity but we also have the Qataris last year announcing major expansion plans. At least management are not blaming the market for their difficulty finding committed buyers.
Last year I was tempted to buy in the 40's but held off because until it gets off-takes in place this company is nothing and I could not see any progress on that score. Too bad I am not a trader, since good money was there to be made.
LNG Price at posting:
53.8¢ Sentiment: None Disclosure: Not Held
