LNG liquefied natural gas limited

LNG Chart, page-103

  1. 254 Posts.
    lightbulb Created with Sketch. 13
    Better call the dozen white faces in the PowerPoint preso (ie. LNGL team) and tell em the ship is sinking.

    Better call IDG and tell them there's no hope of any ROI and they should adjust their own balance sheet to reflect the lost investment.

    Better call Vietnam and tell them to hunt elsewhere for 2 mtpa.

    Better call LNGL's finance partner and tell em it's just not happening - that's a lot of capital needlessly quarantined. No one wants 8.8 mtpa long term supply. No one wants natural gas. Louisiana and the gulf coast is a crap place to get gas from etc

    Better call the US government and tell them they're wrong, no one wants natural gas from the US.

    Better call Louisiana state government and tell them to set up an auto factory because an auto factory will have a greater chance at creating jobs than a natural gas export terminal.

    Better bring in the fire sale auctioneers and tell them to put a $100,000 reserve on Bear Head. It's not worth the $11M USD paid for it in 2014. The land hasn't gone up in value at all. The land is not worth more than double what was paid. Fully permitted natural gas projects are worthless now. All should be mothballed.

    Better recognize a full impairment loss on the OSMR tech, it doesn't deliver any cost advantages does it.

    Just my fully sarcastic opinion
    Last edited by Takings: 22/02/20
 
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