Depressing oil and gas price, definitely put pressure on negotiating binding tolling agreement as it is a buyer market ATM. It might also be a great opportunity for those energy organisations to lock in long term contracts at low price. Recently increasing acquisition activities sort of prove that points as bargain hunting for long term investment.
LNG.ax faces a main risk that is uncertainty of signing off remaining 6mtpa.
That puts lots of pressure on share price and current share price is factored in heavy discount IMO.
Share price is usually overracted on either good or bad news, then opportunities are appearing.
And also share price is linked to sentiment, rising share price, improving sentiment; vice versa.
