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4.3¢ liquefied natural gas limited

That's great, thanks Siv. Makes sense.

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roperdoper

130 Posts.

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15/10/14

10:10

Post #: 14126680
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Originally posted by sivart ↑

Not quite sure what you mean but I'll try to guess if you mean what is essentially a more detailed version of what I said, please correct me if this isn't the case. In the shareholder presentations recently, MB explained that most important to the tolling parties is the timeline of the project (even more important than the specific pricing). The next step in the FERC process is for FERC to provide a schedule for approval. This sets the timeframe for approval, and thus the beginnings of the timeframe of the project. Once we have this, we have a fair amount of certainty in the actual timeframe of project and the timeframe then becomes mostly under our control. At this point tollers have a timeframe and the certainty in that timeframe that they need to commit to BTA's and to providing the backing guarantees that we need to go ahead with debt financing.

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That's great, thanks Siv. Makes sense.

LNG Price at posting: $2.87 Sentiment: Buy Disclosure: Held
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