I can. I am surprised LNG is above 50 cents considering:
- BTA delays and mismanagement of market expectations (silence)
- cash burn
- lack of clear timelines; and
- over-optimism
Oil can rise over $40. It will mean nothing without signed BTA's and FERC approval.
Only holding otherwise I would have no chance of recovering substantial losses incurred due to falsely believing in management. I should have done more due diligence into delays and over optimism before investing into this dud.
LNG Price at posting:
64.0¢ Sentiment: Sell Disclosure: Held