LNG 0.00% 4.3¢ liquefied natural gas limited

FERC Appeal submitted by Sierra Club, page-19

  1. 9,255 Posts.
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    Frank, some good analysis there.

    I have been a fan of transparent disclosure by listed companies. With LNG, there is no transparent disclosure. We find out good news and delays amount to silence. Shareholders don't know when delays will be resolved, why so much cash disappears each quarter or when another BTA can be expected.
    It feels like investing into a black hole that has sucked up 90% of your investment in this share, with the final 10% to be slowly juiced out when the company fails.

    If management can't set a plan with TIMELINES, then WE SHOULD NOT EXPECT ANYTHING.

    The sell off is in response to a dicey plan and failed BTAs. Oil may be close to $49 however it means nothing without customers.
 
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