LNG liquefied natural gas limited

Pretty hard to do something when IDG has put in $28m and...

  1. 254 Posts.
    lightbulb Created with Sketch. 13
    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
    Last edited by Takings: 22/02/20
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.