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."
LNG Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held