Actually more important is what is happening to all of the...

Actually more important is what is happening to all of the larger projects that LNGL would be competing against from the North America LNG export market.

Large projects with ties to major oil companies are being "delayed" daily. Delays caused by these low oil prices are going to give an even greater advantage to those projects like Magnolia and Bear Head that get off the ground as planned and begin exporting and generating cash flow and profits. LNG export plants that are still awaiting many of the permits tied to "Major" oil and utility companies are going to sit on their free cash flow to make it through this tough patch and await higher oil prices. Share prices and shareholders will demand this happen as the last thing many of the "Majors" want is to cut dividend payments to offset cash flow problems caused by this crash.

As the list is often viewed in North America, many "experts" don't view more than 3 or 4 LNG export projects get off the ground in the next year, with the likely few already known. All of these are already approved and far enough along that companies lose more by not going forward with construction completion at this point. What is not often listed is Magnolia or Bear Head, though with the funding, size, and status of approvals, both projects should be as close to, "no turning back now" status as the others.

If contracts with guaranteed exporting are announced after approvals, not even the crash in oil prices should stand in the way of $10 to $15 per share on the US markets.