It’s right to grieve for the big mistakes - if different choices had been made we would be still waiting out the glut - no question
it’s also right to exit in the best possible way. An exercise in shopping the assets around the worlds gas CEOs might bear fruit. It did with AGO were Gina decided that she wanted the assets. Their are huge egos at play in Iron Ore. and in the end Gina wanted to say that hers was the biggest of them all. Having said that she got a bargain. But I can understand if nobody wants to go to the effort. I don’t think the consultants that found LNG9 even tried.
Next of all there may still be some money to be made or lost in LNGL stock in these last few months. I am cooking my strategy..
LNG Price at posting:
11.5¢ Sentiment: Sell Disclosure: Held