LNG 0.00% 4.3¢ liquefied natural gas limited

Ann: Quarterly Highlights and Appendix 4C, page-18

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  1. 5,805 Posts.
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    cardz,

    I did that a few years back when they came to Melbourne. I asked the questions and was told we needed the oil price back around the 70 dollar mark. I met them personally before the meeting and introduced myself to them. They had heard of me through my association with M.B

    I agree that people need to go to these meetings and ask the hard questions. At the same time management need to be upfront and explain why they are having difficulties securing these long term contracts.
    For Greg to announce that the trade tensions have manifested over the past months, which have caused headwinds for LNG transactions.
    It's a very convenient excuse in my humble opinion.
    They are spending around 10 million per annum on wages, staff costs etc. For a company that is not achieving anything that is way too much.
    As I posted earlier LNG has become a lifestyle company.

    Extremely disappointing and the share price unfortunately is reflecting this lack of progress..
 
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