What about the scenario of Shell gaining control of AOE; proceeding with FL plant; increasing capacity and taking advantage of early production by 2012. As a result increased royalties flow through to LNG.
What would that do to LNG share price?
What you are reading in the paper is pure speculation by analysts. I have not read any direct quotes from Shell outlining what their intentions are if they do in fact take control of AOE.
Sell off looks way overdone on pure speculation. Could be a great buy at these prices.
LNG Price at posting:
54.5¢ Sentiment: LT Buy Disclosure: Held
