Pretty hard to do something when IDG has put in $28m and probably has the full 8.8 mtpa lined up but LNGL can’t do anything until the trade tariffs are lifted or a full exemption is given.
In about a week’s time the 12 month exemptions will begin. Most analysts say a complete tariff lift is likely as part of Phase 2 negotiations. If this occurs then LNGL will go straight into the $0.60-80 range.
Another possibility is that IDG asks for a full, deal-based exemption ie. for more than the 12 months and instead for the life of a deal with LNGL.
Just my opinion and not advice
Pretty hard to do something when IDG has put in $28m and...
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