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."
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- Magnolia LNG December 2019 Newsletter
Magnolia LNG December 2019 Newsletter, page-5
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