LNG liquefied natural gas limited

I think we all understand that the macro forces is why LNG...

  1. 82 Posts.
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    I think we all understand that the macro forces is why LNG collapsed. It's just the incorrect messaging from the board that is what shareholders are frustrated over. They were allegedly in advanced negotiations with multiple customers for several years, they were confident of reach FID/BTA by year end for 2016, 2017, 2018, 2019.

    I don't think those comments were justifiable given our current position, to make such statements they would need to have reasonable expectations to reach FID/BTA by year end. If they misled shareholders I would think that's not only unethical, but should be illegal.

    Maybe their comments were justified in reaching the stated milestones, if that is the case I would expect there be documented meetings with multiple parties outlining the 'advanced negotiations'. You can't just say things when running a listed company on a whim.
 
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Currently unlisted public company.

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