I take your point on board about not praising lng management.. I...

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ejwalk

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15/03/17

18:13

Post #: 23375340
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Originally posted by doctornoh ↑

Harvey

It is perhaps good to focus on the details. We are doing non-binding deals just like the other projects are, management have clearly stated this.

And no other project has signed a binding agreement. And dont forget we have a binding tolling agreement already in place with Meridien.

Us being ahead of Next Gen is a fact- this long wait for ntp just shows you perhaps how far ahead.

Whether this sways a customer to sign a binding agreement is another matter- its a binary thing, we either sign deals or we dont. We either trust in the ability of management to clinch a deal or we dont. I for one havent praised management given they ultimately havent delivered. And we either think buyers will sign US LNG deals or we dont. Perhaps they are willing to wait and secure the best price. This would be an entirely rational thing to do whilst there is a current supply glut of LNG. We sit on the lowest build cost per tonne, fact, so we perhaps have more scope to outprice our competitors (not a fact as we dont know what the other guys are offering tolling at).

Me posting the above info is not meant to sway your investment decision either way, but i thought it was relevant to show other people forging ahead with their plans to export US LNG, just like we are, and the valuations these are attracting on the US markets. And to be clear, I never said we should be worth a billion USD but a simple question of what would we be trading at if we were US listed.

Incessantly complaining about things is not going to sway things either way, and I have my own mushroom cupboard at home, but I like to track what is going on in the LNG markets to inform my own assessment of my investment in LNG.

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I take your point on board about not praising lng management.. I have been mostly positive about lng management.. and have lauded there ability to get the cash burn rate to 2.5 million a quarter with 50 million in the bank .. perhaps that fact is a double edge sword .. maybe GV and co have lost there sense of urgency.. no debt lots of cash on hand slow burn rate ...I still think between now and April 15 there will a significant ANN April is the one year anniversary of GV and the ferc order .. go lng. .. just a little quicker please

LNG Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
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I take your point on board about not praising lng management.. I...

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