LNG 0.00% 4.3¢ liquefied natural gas limited

Ann: Trading Halt, page-68

  1. 346 Posts.
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    bit of a strange one, MB said they would eventually have to raise some capital, but said it wouldnt be around $4 a share. My guess is that the 2nd bta that needs lng by 2018 has pushed the issue and wants to see progress and action before they will sign off as they are hell bent on lng by 2018. 174mil certainly shows we are committed to that timeframe. Early works would be off site works, as its modular a large portion is done off site.

    Management havent made a bad decision in years, so youve goto trust that this is the right move to make. Sure we copped a bit of dilution, but we also got 174million more reasons saying that this project is going to happen
 
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