trading halt - capital raise!, page-52

eight

Capital expenditure is to be debt and equity funded as per most large infrastructure projects.

$660m in equity done and dusted no need for this to be raised by LNG.
$1.5bn in debt to come- BNP do your stuff.

From here the costs on a 100% basis to get to FID was to be circa $30m. So hopefully this is the last amount LNG needs to raise to get Magnolia up because at FID LNG gets USD66m from Stonepeak.

The market is extremely short sighted at times and cant make out the trees for the forest. Short term price weakness due to excess suppply which has nothing to do with fundamental value is a potential buying opportunity for me. Used the last SPP to get in at ridiculously low prices. Always hard mentially to average up but anymore weakness and I dont think Ill be able to resist.

GLTA. Even if the SP was trading at 45c i wouldnt be selling any so taking this as noise along to way to Magnolia getting up.