Fox, maybe it wont for the smaller operators.... it could be that only the majors or sovereigns will be able to get these things done in future. Just not enough appetite from buyers to take a chance on small operators trying to get the first one off the ground. I hope I’m wrong.
Still doesn’t change the fact that current management just haven’t been aggressive enough in their approach in my opinion. Vesey should go, and if the board won’t do it, then they should also be replaced. It’s going to be an interesting situation at the AGM if there’s a spill. They will really only have themselves to blame.
LNG Price at posting:
58.5¢ Sentiment: Hold Disclosure: Held