LNG liquefied natural gas limited

clean energy busting out, page-6

  1. 5,039 Posts.
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    You seem to stick up for management an awful lot...you sure you a sparky "at arms length"?

    I don't think I know everything - you clearly know more about this thing than I do and so I'm interested in your (non-management biased) opinion.

    We have 2 options
    1. Potter around trying to find customers that will contract with an unknown player. This could go on well into 2019 with the supply gut.
    2. Look for a strategic acquirer. Cheniere seem like one straight away. They want market share in the US and we would tick all their boxes given the reduced capital and operating costs. They also have 22.5mtpa contracted and ate clearly better poised to negotiate and find customers who would be more willing to contract with a known player.

    Option 2 is less risky and gets us all an exit payout in the next 6 months if done correctly.

    So why is option 1 preferred?
 
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