Mate,
I think borty's view on it is closest to my own. Anything can happen. The market can become as irrational as it wants. $20 oil doesn't seem sustainable Lon term. Even current prices long term put most of OPEC to the wall.
I think you asked about viability at 2mtpa, if not this is the reply to that question anyway. I beleive Maggy is viable at 2. But that's initial small profit territory. At 4 it gets interesting. And at 8 is where we want to be. Outside capacity, the market is going to judge long term stability against certainty righ now. So an extended period of low prices is likely on the cards.
LNG Price at posting:
$2.00 Sentiment: Buy Disclosure: Held
