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4.3¢ liquefied natural gas limited

Ann: Quarterly Highlights and Appendix 4C, page-30

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sivart

5,940 Posts.

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03/05/18

23:40

Post #: 32873752
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Originally posted by mmartin ↑

When you read this paragraph in the QTRLY, with the wording and details presented, it leaves no doubt in my mind that the statement is for real, and it is happening.

"During the third quarter, marketing of Magnolia LNG capacity continued with serious discussions with credit-worthy customers seeking three to four times the planned project capacity. Substantially all offtake agreement negotiations are for initial 20-year terms under liquefaction tolling agreements (LTA) or sales and purchase agreements (SPA)."

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The problem remains though that we have been having non-BS discussions for a long time. Who shoes when the buyer tipping point might hit.

LNG Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
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