sp cause for concern, page-56

Rang the company today regarding the 2 month period before being forced into an SOA. The answer I got seemed a bit contradictory, but essentially there is nothing stopping LNG from making a normal bid (non SOA).

A bit of a hard conversation without wanting to push the limits of disclosure, but the basic line was that no news was good news. Was also once again pointed out to the AFR article where it was stated that the 65c pre cap raising bid significantly undervalued the company.

In effect didn't learn anything (as it should be) but I got the feeling that things are progressing, albeit slowly due to the Chinese being very thorough. Essentially for LNG they must make sure that all the ducks are lined up before pulling the trigger as any one purchase would essentially green light the whole project.