I think MERC, BTAs have already been factored into the current share price by a lot. So when or if they happen, you will probably see LNG get sold of. And if they do not happen. Then lights out for sure. Either way I think the downside risk at the current price is far greater than any upside potential in my opinion. My next trade will be on the short side for sure.
FERC, BTA's and FID, page-4
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