LNG 0.00% 4.3¢ liquefied natural gas limited

Hmmm LNG currently "worth" $215 mill, has $27m cash in bank, and...

  1. 90 Posts.
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    Hmmm LNG currently "worth" $215 mill, has $27m cash in bank, and spent $5.7m last quarter. Next quarter LNG expects to spend $6m. This program means the cash runs out in 12 months. Sooo looking forward...scenario 1 if no BTAs in next year: if a CR is to occur I'd be asking for 3 years cash ( ie another few years out to 2022), my guess is that LNG would drop by roughly half if they needed $90m. If this dropped down to market cap around $120mill though, it would be a cheap take over that's one conundrum Scenario 2 BTA say by Christmas: bumpy ride but hey, that's possible to become a 5 bragger "Should I stay or should I go now? La la la"
 
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Currently unlisted public company.

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