LNG liquefied natural gas limited

Ann: Recommended Takeover Offer for LNGL, page-360

  1. 2,836 Posts.
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    if not fake a vanity project.

    In the end accepting shares is one thing and paying another.

    They need somebody to underwrite the loans as it is unlikely they have the cash in their back pocket. They will likely be in bed with some banks

    if those banks get cold feet then the whole thing might collapse.

    We are not even sure those fools at LNGL have checked to see if they really have the money before recommending the deal.

    Amywsy let’s hope they checked properly
    Last edited by mwilson25: 05/03/20
 
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