open letter, page-16

Lucky them . If they have held from those prices they obviously have the right head for investment and will do very well .
I wouldn't mind betting most of the liquid stock has a loss element in it though .


Not much stock, cash at hand is cool, option holders are savvy, and top notch discovery in place .
Next step - supply contracts, tap into the pipeline, consult with LNG companies imo (small scale LNG plants are a very good option especially when it is expected that reserves are going to be very high) .