mwilson,There is a lot we don't know but here is what we do...

mwilson,

There is a lot we don't know but here is what we do know. Over the past few years LNG has managed to secure all the necessary paperwork to get this project happening barring of course the BTA's. They have secured 2 excellent locations in their port folio - Maggy and Bear Head.
One can only imagine that these things could actually be worth a lot of money and time to someone out there who might consider this to be an opportune time to take advantage of LNG's inability to get this thing happening.
Perhaps there could be a group out there that have got a shed full of shovels ready to get this project underway. Who really knows. But with money running out, this announcement gives me some hope to cling to that perhaps we can salvage something worthwhile.

Right now that old saying ''Beggars can't be choosers '' probably sums up our situation pretty well I would have thought. Whichever way this goes it has to be better then the alternative, which would be raising money at 5c a share and diluting the company to buggery.

Cheers.