Timbo, whilst things are a little quiet pending further announcements I have has another look at what Fosters, Edison and others had to say about LNG. Edison said in its report: "Ultimately, it is obvious that the projects will either be built or not ....". That to me crystalises my thoughts for the next 5 years. As each milestone is achieved the LNG story is de-risked a little more and we get closer to the outcomes we know will be there. Unless a disaster occurs I am quite certain Magnolia and Bear Head will be build, and in my financial planning I am comfortable with the figures determined by Sivart (this is really important for me because of CGT considerations etc plus I am planning to visit Louisiana one day just to see Magnolia with my own eyes!)
Apart form the fact that 3T & Co are trying to keep us entertained things are quiet because we all are waiting for your milestones. It's a little bit like being in the eye of the storm at the moment.
Go LNG!
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