Potential Stock Price, page-17

Based on the investors presentation recently which stated a BTA or two would be signed shorty, the recent announcement of the meredian deal happening and their strong intentions , and lastly the recent FERC schedule, which is a huge factor that we needed to get done first.

"Meridian LNG has previously signed a 20-year, 2.0 mtpa liquefaction term sheet with Magnolia LNG LLC (Magnolia LNG), the owners of the proposed Magnolia LNG facility in Lake Charles, LA, and anticipates entering into a binding liquefaction tolling capacity agreement shortly. The tolling agreement together with related supply and pipeline agreements is expected to provide 2.0 mtpa of LNG to Meridian LNG from early 2019. Magnolia LNG is a wholly owned subsidiary of Liquefied Natural Gas Limited (ASX: LNG), based in Perth, Western Australia. Christopher Delbruck, CEO of EGC SE, said: "This contract is an important step forward for our gas business. It builds on our already diverse supply portfolio and provides further momentum for the business. As gas markets in North America, Europe and Asia become increasingly interconnected, LNG is becoming a critical enabler for the optimization of E.ON's asset base." "This gas sale agreement with EGC is a very significant step forward for Meridian LNG"