If you google Cheniere / Bloomberg, theres an article about Jim Chanos shorting them like no tomorrow.
They have 5 trains being built, 4.5mt per train, $30,000m in debt. Additionally, no one is sure what will happen to USA gas prices once these lines starting sucking on the network. Certainly, the market isn't convinced and even the Cheniere CEO has seen fit to sell $90m in stock (just in case). All he said, she said stuff, I may well be wrong. Interested to see how it plays out as I have LNG in my SMS. GLTA.
- Forums
- ASX - By Stock
- LNG
- Anyone watching?
Anyone watching?, page-35
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin