Just reading from the announcement (see copy paste below) LNG has had this MOU with Delta for 5 months and during that time hasn't been able to convert it into anything more than an MOU during that time, but obviously LNG will keep on trying imo, and the only reason that LNG made the announcement was because Delta was going to mention the arrangement in a news article.To me this sounds less than what LNG had with Meridian, which Meridian pulled out of.
3." When did LNG first become aware of the Information?" "The term sheet between LNG and DeltaOE was executed on 21 April 2019."
"LNG did not disclose the Information prior to the Announcement because:" (a) LNG considered that the Information was unlikely to be information that a reasonable person would expect to have a material effect on the price or value of LNG’s securities."
LNG Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held
