The game doesnt look like its over for Tellurian and neither are they close to running out of cash or losing any of their marquee shareholders. In LNGL case, management came in when LNGL market cap was in approx of AUD2bln and successfully brought it down to AUD 24.7mln just over a period of 4 years. Now what do you call that? A series of bad judgement or weak leadership or unfavourable market condition or china not wanting to buy or sheer incompetence or better still as you call it a gamble that didnt pay off.
LNG Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held
