No error or misinformation, you are the one who has constantly disputed the possibility of a CR. Here is your post followed by mine (without the last line, due to moderator's recommendation)
mbatista said: ↑
Incorrect. Only the sale of equity would result in a share dilution. There are other possible avenues for raising liquidity as explained in the last quarterly:
"LNGL’s ability to extend available liquidity beyond existing capacity is dependent upon the future successful raising of incremental funding through any one or a combination of: the successful marketing of offtake capacity and the resulting financing of one or more of its projects; marketing of the OSMR® technology and services; the sale of equity and/or debt; or the sale of assets."
MoneyBags1348 said:
So in plain English:
1) Successful marketing of offtake = Signing Binding SPA's for 6mtpa (not Term Sheets or MOU's)
2) The resulting financing of it's projects = Signing Binding SPA's for 6mtpa (not Term Sheets or MOU's)
3) Successful marketing of OSMR = Many other projects already approved using their own technology
4) Sale of equity = Capital Raise
5) Debt = One of the company's few positives is it doesn't have debt (at this stage)
6) Sale of assets = Which one's?! At what price?! (already lost out on Fisherman's Landing)
7) Sausage sizzle
I realised this thread wasn't going to be a popular one when I started it, I just read one too many speculative and half informative pieces of information about the company so thought I'd post a few more facts.
LNG Price at posting:
19.5¢ Sentiment: None Disclosure: Held