LNG 0.00% 4.3¢ liquefied natural gas limited

Fresh From The Cupboard, page-1018

  1. 833 Posts.
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    A financial fact that’s overlooked in the headlines regarding LNG is that the cost of building Maggy (from 8mtpa to 8.8mtpa) has risen from $4.5 Billion to $6 Billion. This issue hasn’t been properly addressed to share holders re the changes relating to the KSJV, Stonepeak and IDG, and should be addressed as a matter of transparency and trust.

    It's just another bit of info Fox, and it can affect the SP, but if it's any consolation, I wouldn't sell at this price.

    As far as IDG, they could transport the LNG via normal carriers / tankers to China and use containers from there. I just post the facts and look for answers to the questions I pose. If anything, it should be the company providing the answers!!!!

    Stressing out over shares is a terrible thing, I don't post facts to cause people more pain, I post them to ask questions and increase knowledge, and I'm aware I can seem a bit harsh, and just because I say I'm not confident doesn't mean I'm right.

    As you have remained positive through the years I think you should still stick with the glass half full attitude, you never know, when the numbers fall all your dreams will come through (as Cold Chisel sing).
 
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