Ann: Trading Halt, page-66

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sparky26

243 Posts.

18/05/15

17:03

Post #: 15302015
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Originally posted by Timbogold ↑

And don't forget some of the funds (as well as early works on MLNG) are being directed toward BH infrastructure and gas supply.

Timing is perfect given JG speaks Wed in Calgary (after LNG comes out of trading halt) and any day now the Minister will approve BH's EA (latest date 28/5/15 per NS Environment website).

What better way to demonstrate the end to end viability of BH (goodness knows how many articles don't even mention BH) when JG speaks under the topic "Assessing the Viability and Future Potential of Canada’s Launch as a Global LNG Export Heavyweight".

And why would they raise?

Because I suspect they have lined up their gas supply and LNG must now make financial commitments of their own to source gas ... they need to fund (early works) the BH spur from Goldboro .... and just maybe have their first TA.

In my view, management haven't out a foot wrong and once again we will see further derisking and perhaps some new Aussie instos jump onboard.

Wouldn't want to be short!

Exciting times!

Go LNG!

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If $174 million secures LNG a gas supply complete with associated infrastructure for BH it would appear money well spent, you would also suspect that negotiations for tolling agreements would also be very advanced. Could the Bear beat Maggie to production?

LNG Price at posting: $4.65 Sentiment: Hold Disclosure: Held
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Ann: Trading Halt, page-66

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