the bull.com, page-22

A bit more details:

Liquefied Natural Gas Ltd, undervalued: tracking Cheniere Energy’s path

Extracted from: proactiveinvestors.news February 11, 2014

The Company has patented the OSMR® technology that is designed to cut LNG process plant CAPEX by 50%, and OPEX by 30% against traditional competitor plant.

The Company has attracted Eddie Sugar who runs EAS Advisors as financial advisor. He assisted Andrew Forrest with the early funding needs to develop Fortescue Metals Group (ASX: FMG) and has introduced Stonepeak Infrastructure Partners (ex-Blackrock) to the project.

Stonepeak placed a value of US$1,320 million on the Magnolia LNG Project and has committed to invest US$660 million for a ~ 50% interest that is subject to terms. They will also assist with the balance of funding needs.

Proactive Investors expects the new over-the-counter (OTC) trading facility in the U.S. will attract strong interest from international investors, seeking the "next" Cheniere Energy type investment opportunity.

Proactive Investors believes that LNGL is at the beginning of a surge in share market re-rating; tracking a path by Cheniere Energy that saw its share price increase from US$2.68 to $43.94 in four years.

Proactive Investors anticipates the Stonepeak funding terms should be satisfied by mid-2015 and that the 50% interest retained by the Company in Magnolia LNG will therefore value the Company at A$779 million or $2.25 per share.

http://www.allnewsau.com/news/liquefied-natural-gas-ltd-undervalued-tracking-cheniere-energy-s-path