I dont really get it GLNG cost 20 billion but it makes no money if that is not that dumbest thing i have ever heard. It must make money im sure at 80USD its a printing press but at 60USD its paying them cash that they never had prior so things have to look rosier in the future i heard this type of project would never get off the ground these days due to environmental concerns. If it dips hard tomorrow buy more thats what i will do but im well ahead as i was a big shorter riding this down my sentiment has changed now im happy to see GLNG fire up and get this puppy moving in the other direction.
Their debt is 10 bill so what is GLNG worth and the other assets min 25 bill im sure in this down market.
In one year those that did not go long will be scratching their head in hindsight of what they missed out on.
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1 | 431 | 6.960 |
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