Just a gut feeling Monsieur Wilson, but there's just a smell of a private company trying to get hold of the OSMR technology on the cheap. LNG9 (Singapore) are tied up with Crown LNG (Norway) and who knows who else!
I'm sure they would be able to secure a loan but they'll probably do their best to screw shareholders out of everything because they are involved in other ventures and might not even be interested in Magnolia, just the technology.
I know borty worked in this area and was impressed with the technology and said it was proven.
Anyway, you are either hanging out for another takeover offer (best of luck getting shareholders to accept whatever poultry offer it might be) or you are part of something bigger!!!!
MB
LNG Price at posting:
4.3¢ Sentiment: None Disclosure: Held
