You recently you posted: “Stop spreading lies and misinformation”
Then you posted - “There is no liquidity problem”
Then you posted - Management made it clear it has funds for Q1 and $2 Mil left for Q2
- Both are misinformation!! Management say they need to raise liquidity immediately!! And they have never said they had $6 Mil for Q1 and $2 Mil for Q2. Cash left at December was less than 8 Million when they take out ‘restricted cash’. Estimated cash outflow for Q1 was $6 Mil, that was also the estimated outflow for the last Quarter which came in around $7 Mil.
You also posted - That my calls are wrong and yours have been right
- I don’t make calls on the SP, I just post facts. It was your comments suggesting that LNGL sold 5.8mt of offtake.
As far as your posts on natural gas prices, first you say it’s a “long term” issue, then you say a recent article about the current gas glut and low Asian spot prices is “old news” and provide a chart of the last week’s gas prices.
It is long term issue, so here’s another natural gas chart for you
The natural gas price was up 7.67% for the week, but is still actually down 2.92% overall for the month
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- LNGL’s Current, Quarterly and Multi Year Statements
LNGL’s Current, Quarterly and Multi Year Statements, page-16
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