LNG macro analysis, page-1628

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mmartin

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07/02/19

09:37

Post #: 37358418
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Originally posted by LeapYear: ↑

Let me add a little information and thought to my previous statement. IDG buys into Magnolia. (US/China trade war starts slowing plans, but IDG doesn't sell out after a 6 month mandatory hold period) Magnolia decides not to extend Meridian contract, saying it's not in the best interest of their path forward with potential new customers/partners. Next, Magnolia files for increased capacity of 0.8 mtpa, making all wonder why ask for increase capacity when you haven't sold what you have, plus letting go of your only customer? Article above comes out about a partnership between Foxconn and IDG forming a joint venture to sell North American LNG throughout Asia. Logically, wouldn't IDG/Foxconn want to use Magnolia capacity to do so? Today, Greg Vesey tweets a picture of himself shaking hands with Congressman Clay Higgins (look it up on Vesey's Twitter account), with the title: "Great to catch up with Magnolia's home Congressman". Congressmen love to announce ANY projects within their districts which create jobs and revenue. Could the process towards some kind of Magnolia progress and/or announcement be in the making? Just connecting dots here. No claims to anything, just sharing my thoughts and insights with the group.

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Greg Vesey‏ @lnglceo
Mor
Great to catch-up with Magnolia’s home Congressman ⁦@RepClayHiggins⁩

https://twitter.com/lnglceo/status/1093189712867741696

-Great Analysis Leapyear, this was a reply to Greg's tweet :--

https://twitter.com/mag_lake/status/1093256188773330944

LakeMag‏ @mag_lake 1h1 hour ago
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Replying to @lnglceo @RepClayHiggins
Handshake after the deal ...finally good job Greg .. when will it be announced ..always knew u could do it good buddy
Last edited by mmartin: 07/02/19

LNG Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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